Property Valuation
In West Virginia, which of the following would be considered a 'super-adequacy' (a form of functional obsolescence)?
AAn outdated kitchen in a newly remodeled neighborhood
BA 10,000 sq ft home in a neighborhood of 1,500 sq ft homes✓ Correct
CPeeling exterior paint
DA leaking roof
Explanation
A super-adequacy is an item of construction or feature that exceeds what the market requires and whose cost exceeds its contribution to value. A 10,000 sq ft home in a modest neighborhood is over-improved, and the market will not pay proportionally for the excess.
Related West Virginia Property Valuation Questions
- In West Virginia, a property appraiser uses 'bracketing' to validate adjustments. The appraiser selects comparable A (superior feature) and comparable B (inferior feature). This technique:
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