The Sales Comparison Approach is a method used in real estate appraisal to determine the value of a property. This approach involves comparing the subject property to similar properties, known as comparables, that have recently sold in the same area. By analyzing the sale prices of these comparables, appraisers can estimate a fair market value for the property in question. To ensure accuracy, adjustments are made for differences between the properties, such as size, condition, and location. This method is widely used because it reflects current market conditions and provides a straightforward way to assess property value based on actual sales data.