ValuationDepreciationMEDIUM
Functional obsolescence example:
Correct Answer
B) A house with only one bathroom for four bedrooms
Functional obsolescence is loss in value from outdated or inadequate features within the property. An insufficient number of bathrooms for the bedroom count is a common example.
Answer Options
A
A leaking roofB
A house with only one bathroom for four bedroomsC
Proximity to a landfillD
Normal wear on flooringWhy This Is the Correct Answer
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Related Topics & Key Terms
Related Topics:
curablesuperadequacy
Key Terms:
functional4BR/1BAinadequatedesign
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