Category: Property appraisal

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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Category: Property appraisal

What Happened to Functional Obsolescence in Assessment Valuations

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