Property Valuation
When a property is over-improved relative to its neighborhood, the excess value added by the improvement is called:
AContribution
BPlottage
CSuperadequacy✓ Correct
DAssemblage
Explanation
Superadequacy (also called over-improvement) occurs when an improvement adds more value than can be recouped in the market because it exceeds what the typical buyer in that area expects or will pay for. It represents a form of functional obsolescence.
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