Property Valuation
Functional obsolescence in a home might be caused by:
ADeferred painting and cleaning
BA floor plan with only one bathroom in a four-bedroom house✓ Correct
CDeclining property values in the neighborhood
DSettling of the foundation
Explanation
Functional obsolescence is a loss of value due to a design flaw, outdated feature, or inadequacy in the structure itself — such as an insufficient number of bathrooms, obsolete mechanical systems, or poor room layout. It may be curable or incurable.
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