Property Valuation
In Minnesota, the 'before and after' method is used in appraisal to estimate compensation when:
AA property's value changes between listing and sale
BA partial taking through eminent domain affects only a portion of the property✓ Correct
CA property is renovated and resold
DA tenant moves in and modifies the property
Explanation
The 'before and after' method is used in partial takings (eminent domain cases) to calculate just compensation. The appraiser determines the value of the entire property before the taking, then the value of the remainder after the taking.
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