In SA, how should a valuer approach the valuation of a property affected by contamination?
Correct Answer
B) Assess the impact on value by considering remediation costs, stigma, potential liability, and the effect on the property's permitted uses under EPA guidelines
A valuer must assess contaminated land by considering estimated remediation costs, any residual stigma effect, potential ongoing liability, EPA requirements, and the impact on the property's permitted uses and development potential.
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