Property Valuation
Functional obsolescence caused by a feature that modern buyers consider undesirable (e.g., a one-car garage in a neighborhood where two-car garages are standard) is called:
AExternal obsolescence
BCurable functional obsolescence
CIncurable functional obsolescence✓ Correct
DPhysical deterioration
Explanation
Incurable functional obsolescence refers to a deficiency that is not cost-effective to correct. An undersized garage in a market that expects two-car garages is typically incurable obsolescence.
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