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What is Functional Obsolescence?

By Tara Mastroeni – Updated Feb 25, 2025 at 10:46AM

Key Points

  • Functional obsolescence reduces property desirability due to outdated, hard-to-alter features.
  • It includes curable issues (fixable by renovation) and incurable ones (costly or impossible to fix).
  • Identifying these issues before purchasing can prevent investment losses.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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