Property Valuation
A Missouri property is over-improved when:
AIt exceeds the highest and best use for the area
BThe cost of improvements exceeds the value added (superadequacy)✓ Correct
CThe property is too large for the lot
DThe property has more than one dwelling unit
Explanation
Over-improvement (superadequacy) occurs when an improvement costs more than the value it adds to the property. This is a form of functional obsolescence because the excess investment is not recoverable.
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