Property Valuation
A Wisconsin buyer purchased a property for $400,000 above its independently assessed value. This is most likely an example of:
AMarket value
BInvestment value (subjective value to a specific buyer)✓ Correct
CAssessed value error
DInsurance value
Explanation
Investment value is the value of a property to a specific investor based on their particular requirements and expectations; it may differ from market value (what the market will pay).
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