Understand what planned obsolescence is by learning the planned obsolescence definition and seeing examples. Explore how programmed obsolescence can be achieved.

Explore perceived obsolescence. Review the definition of perceived obsolescence. Learn how perceived obsolescence differs from planned obsolescence with examples.

This lesson will discuss how to calculate depreciation in the cost approach to real estate valuation. Physical curable, physical incurable, both short-lived and long-lived, and functional and ...

There are three main types of real estate property depreciation namely, physical obsolescence, external obsolescence, and functional obsolescence. Physical Obsolescence

Learn about economic obsolescence in real estate. Understand what economic obsolescence is and discover the difference between functional and...

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What is Functional Obsolescence? Functional obsolescence in real estate explains outdated property in the aspect of physical outlook and the entire design.

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Learn about economic obsolescence in real estate. Understand what economic obsolescence is and discover the difference between functional and economic obsolescence.

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