Property Valuation
Contribution in appraisal means that the value of any component is measured by:
AIts cost to install
BIts contribution to the overall value of the property, regardless of its cost✓ Correct
CIts replacement cost less depreciation
DIts value as compared to competing properties
Explanation
The principle of contribution states that the value of any component (improvement, feature, or item) is measured by the amount it adds to the total property value, which may be more or less than its cost.
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