Property Valuation
Which of the following is most likely to DECREASE a property's value through external obsolescence?
AOutdated kitchen appliances
BA new landfill constructed adjacent to the neighborhood✓ Correct
CWorn carpeting in the master bedroom
DA single-car garage in a two-car market
Explanation
External obsolescence is caused by factors outside the property—like a new landfill, highway, or industrial plant nearby. It is typically incurable by the property owner.
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