obsolescent

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In these cases, overall age-life baseline depreciation can comprise all forms of accrued depreciation or merely baseline depreciation, including incurable physical deterioration and ordinary incurable functional obsolescence. Either system can be measured for the total structure rather than by elements.
If the market sales indicate that baseline depreciation (including only incurable physical deterioration and ordinary incurable functional obsolescence) is 21/60 or 35%, then the result would be $225,000 x 0.35 = $78,750.
In the use of the baseline system, the age-life depreciation indicated might intentionally exclude other forms of depreciation, such as special incurable functional obsolescence, external obsolescence, and curables.
If a plumbing fixture is estimated to have a functional life of 40 years, the chronological age as a percentage of the total functional life of 40 years is the measure of baseline depreciation on a functional life basis, taking into account ordinary incurable functional obsolescence.
Nonetheless, whenever a cost approach system is used to measure age-life deterioration, it should take into account both incurable physical deterioration and ordinary incurable functional obsolescence for a building the age of the property being appraised.
Special incurable functional obsolescence is reflected by those items of inutility that would typically not be found in a building as old as the subject property.