Environmental Obsolescence

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January 1, 1 6 min read Definitions
Economic Obsolescence
Economic Obsolescence Environmental Obsolescence External Obsolescence Real Estate Appraisal Property Value Depreciation External Factors Property Management
Economic obsolescence refers to the decrease in property value caused by external factors, such as environmental changes or new developments. It is also known as external obsolescence or environmental obsolescence.
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January 1, 1 5 min read Definitions
Environmental Obsolescence
Environmental Obsolescence Economic Obsolescence Real Estate Depreciation Property Value External Factors Market Conditions Real Estate Investment
Environmental Obsolescence refers to a form of depreciation in property value due to external, environmental factors that negatively impact its desirability and usability.
Read more about Environmental Obsolescence.

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