Property Valuation
Which of the following is an example of functional obsolescence in a Mississippi home?
AA roof that needs replacement due to age
BA four-bedroom home with only one bathroom✓ Correct
CA home located near a noisy highway
DTermite damage to the subfloor
Explanation
Functional obsolescence results from a deficiency or superadequacy within the property itself. A four-bedroom home with only one bathroom is a functional deficiency because it fails to meet modern market standards.
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