Property Valuation
A Massachusetts appraiser identifies a 'super-adequate' feature in a property—a feature that exceeds what the market demands. This creates:
AAdded value equal to the cost of the feature
BPotential functional obsolescence due to over-improvement✓ Correct
CAutomatic premium value in the sales comparison approach
DExternal obsolescence
Explanation
A super-adequate feature (such as an overly large garage in a small-home neighborhood) may cause functional obsolescence due to over-improvement—the market will not pay the full cost of the feature because it exceeds market demand.
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