Category: Real Estate
1. Functional obsolescence vs. External obsolescence
Jun 24, 2021 — External obsolescence is the diminished utility, or loss in value, from causes in the neighborhood but outside the property itself, such as a (1)…
External obsolescence is a factor that lowers the value of a home due to external elements to the property. It is incurable on the part of the homeowner.(2)…
External obsolescence is a factor that reduces the value of an improvement because of something external to the property itself.(3)…
2. External Obsolescence Devalues Property | Bankrate.com
Jul 30, 2013 — Loud neighbors, unpleasant odors and driveways-turned-junkyards are considered external obsolescence. Find out how it affects your home (4)…
Feb 14, 2019 — External obsolescence is loss of value due to something that happens off the property or external to the property. For example, if a power plant (5)…
Sep 19, 2012 — External obsolescence is a factor that reduces the value of an improvement because of something external to the property itself. It’s not about (6)…
3. Economic Obsolescence (Real Estate) – Corporate Finance …
Economic obsolescence refers to the loss of value of a real estate property due to factors that are external to the property. · Common causes of economic (7)…
Feb 22, 2019 — A loss of value (typically incurable) resulting from extraneous factors that exist outside of the property itself; a type of depreciation (8)…
4. Three Types of Commercial Real Estate Obsolescence
May 28, 2021 — Economic obsolescence – sometimes called external obsolescence – is the depreciation in the market value of a property due to external (9)…
Jun 30, 2020 — External obsolescence is a factor that reduces the value of an improvement because of something external to the property itself.(10)…
Dec 13, 2019 — External obsolescence is “a temporary or permanent impairment of the utility or salability of an improvement or property due to negative (11)…
Feb 18, 2010 — External Obsolescence in Property Tax Kevin Reilly, Senior Manager, Real Estate and Related Assets Group, American Appraisal Associates, 50 pages(12)…
Feb 27, 2021 — Because it is driven by factors outside the property, it is important for appraisers to make sure that these factors do not also impact the land (13)…
5. COVID-19, Economic Obsolescence and Your Assets’ Value
May 13, 2020 — External or economic obsolescence (EO) is a form of depreciation caused by influencing factors that are independent of the property.(14)…
The Appraisal of Real Estate, fifteenth edition, suggests two methods for estimating external obsolescence.4 When sufficient data is available, the appraiser (15)…
Department of Housing and Urban Development (HUD) External Obsolescence is an element of depreciation; a diminution in value caused by negative (16)…
6. Economic Obsolescence and Market Value – Willamette …
Jul 28, 2016 — factors external to the property. •. Appraisal of Real Estate: External obsolescence may be caused by economic or locational factors.87 pages(17)…
Feb 23, 2020 — Physical obsolescence occurs when a property loses value due to gross mismanagement and physical neglect resulting in deferred maintenance (18)…
Economic obsolescence is a form of depreciation caused by factors that are not on the property, in the property, or even within the property lines.(19)…
Find External Obsolescence Real Estate Example, sold homes, homes for sale, real estate, house for rent.(20)…
7. What exactly is External Obsolescence? | – Red Oak Realty
Aug 27, 2021 — Buying, Residential Real Estate, Selling An external obsolescence is something outside of a property, off-site, that negatively affects (21)…
Apr 28, 2008 — THE APPRAISAL OF REAL ESTATE Twelfth Edition, Chapter 14: The Cost Approach , pg. 363 states ”External obsolescence– a temporary or (22)…
Oct 23, 2014 — External Obsolescence ,as defined by the Real Estate Appraisal , is ‘An element of accrued depreciation; a defect, usually incurable, (23)…
8. ESTIMATING EXTERNAL OBSOLESCENCE.pdf – Philip G …
External obsolescence consists of loca tional obsolescence and economic obso lescence. According to the Dictionary of. Real Estate Appraisal.(24)…
Economic obsolescence occurs when a property loses value because of external factors such as local traffic pattern changes or the construction of public (25)…
Jun 22, 2021 — What is Functional Obsolescence. For example, in real estate, it refers to the loss of property value due to an obsolete design feature, such as (26)…
9. Estimating External Obsolescence – Working RE Magazine
The real estate appraisal books have very little discussion of external obsolescence. Just like my article on functional obsolescence, I read and re-read (27)…
Alabama Department of Revenue. Property Tax Division. Economic/external obsolescence is defined as a form of depreciation, or an incurable loss in value,.(28)…
10. Categorizing external obsolescence. – Free Online Library
If excess income is generated, then an economy is present and income is attributable either to the real estate or the business side of the property. This can be (29)…
“the impairment of functional capacity of a property or building according to External obsolescence is defined as, “a type of depreciation; a diminution (30)…
Aug 13, 2018 — There are three types of depreciation: physical deterioration, functional obsolescence, and external obsolescence. Physical deterioration of a (31)…
construction whereas effective Age is based on the property’s present condition and general overall maintenance. Obsolescence and External Obsolescence.(32)…
Jun 14, 2021 — Jump To Section · What Is Functional Obsolescence in Real Estate? · How Does Functional Obsolescence Affect Property Values? · 3 Types of (33)…
site value, square foot calculation and for HUD, VA and FmHA, the. Dwelling. Sq. Ft. @ $. = $ estimated remaining economic life of the property):.(34)…
Apr 20, 2020 — Functional, physical, and economic obsolescence each have a detrimental impact on the value of the real property; these types of (35)…
External obsolescence is a reduction in value caused by an undesirable factor outside the property. Locational obsolescence, external obsolescence, (36)…
Aug 14, 2020 — What Is Functional Obsolescence in Real Estate? A Guide for Investors. Every investor should watch out for functional obsolescence. [Updated: (37)…
External obsolescence is considered incurable or irreparable. These economic factors are detrimental to the value of properties. Thus, economic obsolescence (38)…
Excerpt Links
(1). Functional obsolescence vs. External obsolescence
(2). External Obsolescence that Influence a Property Value – Real …
(3). What is External Obsolescence? | Nationwide appraisal …
(4). External Obsolescence Devalues Property | Bankrate.com
(5). What External Obsolescence Is And Isn’t – Karen Climer …
(6). The influence of external factors on property value
(7). Economic Obsolescence (Real Estate) – Corporate Finance …
(8). External Obsolescence Real Town
(9). Three Types of Commercial Real Estate Obsolescence
(10). What is an example of external obsolescence? – AskingLot.com
(11). External obsolescence – CEOpedia | Management online
(12). External Obsolescence in Property Tax
(13). Land Values and External Obsolescence – The WSU Center …
(14). COVID-19, Economic Obsolescence and Your Assets’ Value
(15). Land Values and External Obsolescence – Appraisal Institute
(16). External Obsolescence – Real Estate Training Institute
(17). Economic Obsolescence and Market Value – Willamette …
(18). What is external obsolescence? – FindAnyAnswer.com
(19). Economic Obsolescence | Real Estate Exam – PrepAgent.com
(20). External Obsolescence Real Estate Example – real-estate-find.com
(21). What exactly is External Obsolescence? | – Red Oak Realty
(22). External Obsolescence? | AppraisersForum.com
(23). External Obsolescence in Real Estate Appraisal – ActiveRain
(24). ESTIMATING EXTERNAL OBSOLESCENCE.pdf – Philip G …
(25). The Three Types of Obsolescence
(26). Is external obsolescence always beyond the control of a …
(27). Estimating External Obsolescence – Working RE Magazine
(28). Navigating the Most Perfect Example of External Obsolescence
(29). Categorizing external obsolescence. – Free Online Library
(30). Rural Valuation Topic #RVT 24: Cost Approach Obsolescence
(31). Real Estate Depreciation – Medium
(32). the appraisal of real estate 3rd canadian edition busi 330
(33). Functional Obsolescence in Real Estate Explained – 2021
(34). EXTERNAL OBSOLESCENCE- COST VS. VALUE
(35). What Is Economic Obsolescence? – Valentiam
(36). External Obsolescence – Georgia Appraiser
(37). What Is Functional Obsolescence in Real Estate? | Millionacres
(38). Economic Obsolescence: Implications in Property and …
