Property Valuation
An 'as improved' appraisal values the property:
ABefore any improvements are made
BIn its current condition with all existing improvements✓ Correct
CAfter proposed improvements are completed
DAs vacant land only
Explanation
An 'as improved' appraisal values the property in its current, existing condition including all present improvements, as opposed to 'as if vacant' or 'as proposed.'
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