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The current housing crisis provides an excellent example of the effects of external obsolescence. New homes and condominiums in distressed markets throughout the U.S. are being heavily discounted in an attempt to attract buyers.
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www.accuval.net/insights/askappraiser/detail.php?ID=6
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The estimate is then further adjusted for all elements of accrued depreciation including physical depreciation, functional and/or external obsolescence.
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www.propex.com/C_g_cost.htm
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Real estate encyclopedia entry and definition for external obsolescence. Includes a definition, links to related topics, and commentary from local real estate professionals. ... external obsolescence - an appraisal term referring to the loss in value attributable to factors outside the property itself, such as changed...
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www.homesurfer.com/encyclopedia/e/external_obsolescence...
www.homesurfer.com/encyclopedia/e/external_obsolescence.html
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This article examines appraisers' handling of profit incentive and marketwide external obsolescence, and addresses the relationship each has to the other. The authors discuss current techniques of measuring profit and external obsolescence and propose a new method. ... By Gould, Thomas R., Jr.; Smith, ... The cost app...
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www.allbusiness.com/real-estate/real-estate-appraisals/...
www.allbusiness.com/real-estate/real-estate-appraisals/7817632-1.html
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Measuring external obsolescence is a central issue in valuing complex property for ad valorem taxation. Because specialized complex properties are particularly sensitive to external conditions, accurate measure of external obsolescence is critical to achieving a fair property tax valuation.
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www.ryanco.com/develop/External_Obsolescence_and_Comple...
www.ryanco.com/develop/External_Obsolescence_and_Complex_Property_Article_Published_in_the_ASA_International_Machinery_Technical_Specialties_Committee_Journal.aspx
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Where others in corporate real estate see problems not fitting their narrow acquisition criteria, Highland sees value added opportunities, understanding external obsolescence. We have a substantial pool of capital from its principals and from a select group of institutional investors.
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www.highlandequity.com/glossary/external%20obsolescence...
www.highlandequity.com/glossary/external%20obsolescence.html
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external oblique line; external oblique muscle; external oblique muscle; external oblique muscle; external oblique muscle; external obsolescence; External obturator; external obturator muscle; External obturatus;
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encyclopedia.farlex.com/external+oblique+line
encyclopedia.farlex.com/external+oblique+line
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external oblique line; external oblique line; external oblique line; external oblique line; external oblique muscle; external oblique muscle; external oblique muscle; external oblique muscle; external obsolescence; External obturator; external obturator muscle; External obturatus; external occipital crest;
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encyclopedia.farlex.com/External+operation
encyclopedia.farlex.com/External+operation
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