Which statement about unimpaired value is true?

Which statement about unimpaired value is true?

• A. Value assuming no contamination exists
• B. Value after remediation
• C. Value with contamination present
• D. Value of land only

Answer: (A)

Unimpaired value is the property's market value calculated as if there were no contamination or environmental impairment. It serves as the baseline value, reflecting the condition of the property under clean conditions rather than after pollution, remediation costs, or deductions for environmental issues. That’s why the statement describing unimpaired value as the value assuming no contamination exists is the best fit. It isn’t the value after remediation, nor the value with contamination present, and it isn’t limited to the land component—the unimpaired value represents the overall property value under no-contamination conditions.

Unimpaired value is the property's market value calculated as if there were no contamination or environmental impairment. It serves as the baseline value, reflecting the condition of the property under clean conditions rather than after pollution, remediation costs, or deductions for environmental issues. That’s why the statement describing unimpaired value as the value assuming no contamination exists is the best fit. It isn’t the value after remediation, nor the value with contamination present, and it isn’t limited to the land component—the unimpaired value represents the overall property value under no-contamination conditions.