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An improved residential property has the following characteristics: The land as if vacant is valued at $ 1 0 0 , 0 0 0 The

An improved residential property has the following characteristics:
The land as if vacant is valued at $100,000
The value of the property as improved (with the house) is $85,000
The cost of removing the house would be $10,000
What is the market value of the rights to this property?
a) The property value is $100,000.
b) The property value is $110,000.
c) The property value is $90,000.
(d) The property value is $85,000
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