Property Valuation
In Massachusetts, an 'as-is' appraisal value:
AAssumes needed repairs are completed
BReflects the property's current condition at the time of inspection✓ Correct
CReflects the value after proposed improvements
DIs always lower than the assessed value
Explanation
An 'as-is' value reflects the property's value in its present condition on the effective date of the appraisal, without assuming any repairs or improvements.
Related Massachusetts Property Valuation Questions
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