Texas exam calculator

Comparable sales adjustments, with every sign explained.

Adjust comparable sales toward the subject, prove the net and gross totals, and use a simple or weighted reconciliation only when the final ask calls for it.

Current exam scope

The current Pearson VUE Texas sales outline includes Comparative Market Analysis in property valuation within the seven-item real estate math section. For adjustment questions, keep the subject fixed, adjust each comparable toward it, and follow the reconciliation method in the final ask.

Adjustment target
The comparable

The subject stays fixed. Move the comparable sale price toward the subject.

Comp inferior
Add

The comparable would have sold for more if it matched the better subject characteristic.

Comp superior
Subtract

Remove the supported contribution of the comparable's superior characteristic.

Same
No adjustment

Matching characteristics do not create a price adjustment.

Net adjustment
Signed sum

Add positive and negative adjustments with their signs intact.

Adjusted price
Sale + net

This is the comparable's indication after stated differences are applied.

Reconciliation
Follow the ask

Average or weight adjusted comparables only when the question supplies that method.

Calculator

Keep the subject fixed. Move each comparable toward it.

Try an example:
What does the question ask for?

Choose the final ask. Do not average or weight comparables unless the problem directs that method.

Comparable A itemized adjustments

Compare each characteristic with the subject. Enter the supported value difference from the question, not automatically the feature's cost.

Market conditions or time

The amount is ignored while Same as subject is selected.

Location

Comparable inferior, add.

Living area or size

Comparable superior, subtract.

Condition or quality

The amount is ignored while Same as subject is selected.

Garage or parking

Comparable inferior, add.

Other feature

The amount is ignored while Same as subject is selected.

Comparable inferior to subject: add. Comparable superior to subject: subtract. Same: no adjustment. Adjustments should represent the value difference supplied by the exam question or supported by market evidence in professional work.
Comparable A adjusted sale price
$424,000.00
$415,000.00 sale price + $9,000.00 net adjustment.
Sale price$415,000.00
Net adjustment+$9,000.00
Gross adjustment$25,000.00
Adjusted price$424,000.00
Direction proof

2 positive adjustments and 1 negative adjustment produce +$9,000.00 net for Comparable A.

Target proof

The subject stays fixed. Comparable A moves from $415,000.00 to $424,000.00 after the entered differences are applied.

Support check

Comparable A gross adjustment is $25,000.00 (6.02% of sale price). This is a diagnostic, not a pass-fail limit. Adjustment amounts must be supported by the market or supplied by the exam question.

Reconciliation check

This mode answers one adjusted-comparable question. It does not pretend one sale alone is a professional appraisal conclusion.

Comparable A sale priceUnadjusted sale price
$415,000.00
Market conditions or timeSame as subject, no adjustment
$0.00
LocationComparable inferior, add
+$12,000.00
Living area or sizeComparable superior, subtract
-$8,000.00
Condition or qualitySame as subject, no adjustment
$0.00
Garage or parkingComparable inferior, add
+$5,000.00
Other featureSame as subject, no adjustment
$0.00
Comparable A net adjustmentSum of signed adjustments
+$9,000.00
Comparable A gross adjustmentSum of absolute adjustments, 6.02% of sale price
$25,000.00
Comparable A adjusted priceSale price + net adjustment
$424,000.00
No magic threshold

Gross and net percentages are diagnostics.

They help describe how much adjustment a comparable required. Current professional guidance does not make an arbitrary adjustment percentage the sole test of whether a comparable is acceptable.

Reconciliation matters

Do not average by reflex.

A simple average is appropriate only when the question directs it. Professional reconciliation explains which adjusted sales receive the most weight and why the conclusion is supported.

Calculations keep full precision. Displayed money is rounded to cents and percentages to two decimal places. A result is an exam-math indication, not an appraisal or broker price opinion.

Save it

Email the adjustment proof and result.

Keep direction, signed adjustments, adjusted prices, range, and reconciliation method together.

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Open the comparable sales cheat sheet
Mini quiz

Try five comparable-sales traps without the calculator.

1/5

The subject has a garage. The comparable does not. The supported garage adjustment is $18,000. What do you do?

Three-step method

A repeatable way to prevent sign errors.

Step 1

Fix the comparison target

Write SUBJECT at the top and leave it unchanged. Every dollar adjustment goes on the comparable side.

Step 2

Assign the sign

Inferior comparable gets a positive adjustment. Superior comparable gets a negative adjustment. Same gets zero.

Step 3

Answer the final ask

Stop at one adjusted price, calculate a directed average, or apply supplied weights. Do not choose a reconciliation method by habit.

Worked examples

Four patterns worth knowing cold.

Inferior comparable
Direction rule

$415,000 comparable lacks a garage worth $18,000 to this market

$415,000 + $18,000
$433,000 adjusted price

Add to the comparable. Do not change the subject.

Superior comparable
Direction rule

$415,000 comparable has a pool contributing $25,000; subject has none

$415,000 - $25,000
$390,000 adjusted price

Subtract the supported market contribution, not automatically the installation cost.

Mixed adjustments
Signed total

$415,000 sale with +$12,000, -$8,000, and +$5,000

Net is +$9,000. Gross is $25,000.
$424,000 adjusted price

Gross adjustment describes total movement. Net adjustment changes the price.

Weighted result
Final ask

$424,000 at 50%, $416,000 at 30%, and $416,000 at 20%

$212,000 + $124,800 + $83,200
$420,000 indicated value

Use weighting only when the scenario supplies or directs the weights.

Wrong target

Adjusting the subject

The subject is the benchmark. Adjust the comparable sale price to show what it might have sold for if it matched the subject.

Wrong evidence

Using cost as value

A feature's installation cost and its market contribution can differ. Use the value difference given or supported by market evidence.

Wrong conclusion

Averaging automatically

A simple average is a classroom method only when directed. Professional reconciliation explains which comparables receive the most weight and why.

What professional guidance adds

Adjustment amounts should reflect market reaction rather than a universal rule of thumb. Cost, price, and value contribution can be different numbers. The best comparable is not chosen by one adjustment percentage alone.

Why reconciliation is not automatic averaging

Adjusted prices create evidence, not a mechanical appraisal conclusion. Professional reconciliation identifies which comparable sales receive the most weight and explains why. This calculator averages only when you deliberately select that exam method.

Do you adjust the subject or the comparable?+

Adjust the comparable. The subject property is the benchmark. Change the comparable sale price to reflect what it might have sold for if it shared the subject's relevant characteristics.

When do you add to a comparable sale price?+

Add when the comparable is inferior to the subject for the characteristic being compared. The positive adjustment recognizes that the inferior comparable might have sold for more if it matched the subject.

When do you subtract from a comparable sale price?+

Subtract when the comparable is superior to the subject. Remove the supported value contribution of the superior characteristic from the comparable sale price.

What is the difference between net and gross adjustment?+

Net adjustment is the signed sum that changes the sale price. Gross adjustment is the sum of the absolute adjustment amounts and describes the total amount of adjustment activity. Current professional guidance does not make an arbitrary net or gross percentage the sole test of a comparable's acceptability.

Should adjusted comparable prices always be averaged?+

No. Use a simple average only when the exam problem directs equal weighting. In professional reconciliation, the appraiser explains which comparables receive the most weight and why. The final indication should be supported by the adjusted sales data.

Is this calculator a real appraisal or CMA?+

No. It is an exam-practice calculator. A professional appraisal or broker CMA requires verified data, appropriate comparable selection, market-supported adjustments, scope decisions, competency, and reasoned reconciliation.

Primary sources: Pearson VUE: Current Texas Real Estate Content Outlines, Fannie Mae: Adjustments to Comparable Sales, Fannie Mae: Comparable Sales Selection, Freddie Mac: Market Conditions and Time Adjustments. This calculator is for exam preparation. It is not an appraisal, broker price opinion, CMA, lending decision, or valuation advice.
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