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In Business / College | 2025-07-06

An estimate of value of vacant land, excluding any existing or proposed improvements, is called:
A. a drive-by appraisal.
B. data analysis.
C. a site valuation.
D. all of the above.

Asked by enrique0394

Answer (2)

The estimate of value for vacant land, excluding any improvements, is called site valuation. While other options like drive-by appraisal and data analysis relate to real estate, they do not specifically denote this singular concept. Thus, the correct answer is option c. ;

Answered by GinnyAnswer | 2025-07-06

The estimate of the value of vacant land, excluding any improvements, is called site valuation. This term focuses on determining the land's worth based solely on its characteristics and market factors. Therefore, the correct option is c.
;

Answered by Anonymous | 2025-07-24

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