How can betterment impact the value of a property?

Betterment refers to improvements made to a property that enhance its overall condition or functionality beyond its original state. This can include upgrades such as modernizing a kitchen, adding energy-efficient systems, or expanding living spaces. These improvements typically lead to an increase in the property’s market value because they make the property more desirable to potential buyers or tenants.

When enhancements are made that elevate the quality and usability of a property, it not only appeals to a wider audience but can also justify a higher sale price or rental rate. Effective betterment can lead to a return on investment by creating a more competitive position in the real estate market, often translating to increased equity for the property owner.

In contrast, if betterment were to decrease property value, have no impact, or only affect resale value, it would not take into account the holistic benefits that enhance buyer appeal and market desirability. Therefore, considering the positive impact on overall market value, it is clear why the accurate answer is that betterment can enhance its overall market value.