Property Valuation
Functional obsolescence in a home might include:
AA roof that needs replacement
BA one-car garage in a market that expects two-car garages✓ Correct
CA nearby commercial development
DFoundation settling due to soil conditions
Explanation
Functional obsolescence is a loss of value caused by outmoded design, outdated features, or poor floor plans — like inadequate garage space in a market where buyers expect more.
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