Property Valuation
Physical deterioration — curable — refers to items such as:
ANeighborhood decline that cannot be addressed by the property owner
BStructural damage that costs more to fix than the value it adds
CDeferred maintenance items like peeling paint and broken gutters that are cost-effective to repair✓ Correct
DOutdated electrical systems built before 1960
Explanation
Curable physical deterioration includes deferred maintenance items (like peeling paint, broken gutters, or worn carpeting) where the cost to repair is less than the resulting increase in value. These items are economically worthwhile to repair.
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