Property Valuation
A NH appraiser who values a property 'subject to' completion of planned improvements is providing:
AA retrospective appraisal
BA prospective appraisal or an 'as completed' appraisal reflecting value upon completion✓ Correct
CA current market value appraisal
DA cost approach only
Explanation
An 'as completed' (prospective) appraisal estimates the property's value upon completion of proposed improvements — used in construction lending to verify that the completed project will support the loan amount.
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