Modern digital painting of suburban area showing external obsolescence in real estate, with dated houses amidst new complexes, in teal color theme.

Understanding External Obsolescence in Real Estate: A Comprehensive Guide

“Does the neighborhood crime rate affect house value?” “What impact does a nearby factory have on my property price?” If these questions ring a bell, then you’re grappling with the complex world of external obsolescence in real estate, a factor beyond your control that can drive your property value down. Hey there, friend! Let’s unravel…

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