Property appraisal Archives

What Happened to Functional Obsolescence in Assessment Valuations

by Dickinson Wright | Sep 13, 2017

By: Mark Lansing If you own property that is assessed by the cost approach, you likely found out that the only obsolescence deducted was physical depreciation. Yet, it is fundamental that to reach market value by the cost...

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Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.

What Happened to Functional Obsolescence in Assessment Valuations

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