What does investment value represent in real estate?

Investment value in real estate refers specifically to the expected return on a particular investment made in a property. It is the value that a specific investor places on a property based on their own individual circumstances, investment strategy, and requirements for return. This means that investment value is tailored to the investor's analysis of how much income the property will generate, the risks involved, and their personal financial goals.

The correct choice highlights the importance of considering the expected returns when evaluating a property as an investment, rather than merely looking at market trends or comparative pricing. In essence, it emphasizes that the value of a property for an investor can differ significantly from its market value or the sale price of comparable properties, as it is based on the unique financial return they anticipate receiving from that investment.