What is the term for the benefits a buyer anticipates from a property compared to what they are willing to pay for it now?

The term that best fits the benefits a buyer anticipates from a property in comparison to what they are willing to pay is known as "Investment Value." This concept refers to the perceived worth of a property based on the expected future economic benefits it will provide to the owner, such as potential appreciation, rental income, or personal enjoyment, relative to the initial purchase price.

When buyers evaluate a property, they typically consider the anticipated cash flows, potential for future appreciation, and the overall utility of the property to determine its investment value. This assessment plays a significant role in their decision-making process, influencing their offer and how much they are willing to pay currently based on the expected benefits they foresee from the investment.

While appreciation pertains specifically to the increase in value over time, and anticipation refers more broadly to expectations without a direct connection to financial metrics, investment value encapsulates the balance of current price against the expected future benefits in a way that aligns with the question's focus. Market comparison, on the other hand, pertains to the analysis of comparable properties to determine fair market value and does not address the subjective projection of future benefits directly.