The physical age a property addition, such as a building, appears to be. An upgraded and/or well maintained building often appears to be of less age than its actual chronological age and vice versa.
a way of indicating the condition of our real estate property.Calculated by inspectors and appraisers, effective age is given as an age in years.However, the effective age may be either longer or shorter than the actual age of a property, depending on the property's condition and shape.
The physical age attributed to a piece of property, as determined by an appraiser, based upon the property's current condition.
The effective age is an appraiser's estimate of the physical condition of a building; it doesn't necessarily mean the actual age.
The physical age given on the appraisal to a building based on its present condition; this age may differ from the actual age of the dwelling.
The effective age of a structure is determined by an appraiser based on its physical condition and may differ than its actual age.
The typical age of a structure with respect to condition and utility, as of the appraisal date.
The age assigned to the improvements by the appraiser, not necessarily the chronological age.
The typical age of a structure equivalent to the one in question with respect to its utility and condition.
The estimated age of a property based on the observation of the present condition.
Not to be confused with the actual age of the property, an appraiser's estimate of the physical condition of a building.
An appraiser's estimate of the physical condition of a building. The actual age of a building may be more than or less than the appraiser's estimate.
The age of a structure based on its condition and utility, as opposed to its chronological age.
An appraiser's estimate of the physical condition of a building. The actual age of a building may be shorter or longer than its effective age.
Age of a structure as estimated by its condition rather than actual age. Takes into account rehabilitation and maintenance.
An appraiserâ€(tm)s estimate of the a buildingâ€(tm)s age, based on its current condition.
An appraisal term for the age of improvements to a property based on an assessment of their current condition (i.e. a well-maintained 100-year-old house could have an effective age of 10 years while a ramshackle, unmaintained 20-year-old house could have an effective age of 50 years). Opposite of "actual age".
The subjective, estimated age of a property based on its condition, rather than the actual time since it was built. Excessive wear and tear can cause a property's effective age to be greater than its actual age.
The age of a building based on the actual wear and tear and maintenance, or lack of it, that the building has received.
The age of a structure estimated by its condition rather than its actual age.
In appraisal, an estimate of the age of a property based not on when improvements were constructed, but on current condition.
The estimated age of building, rather than its actual age, taking into account improvements and maintenance.
The age of a property based on the amount of wear and tear it has sustained. Contrast with actual age.
An estimation of a building's physical condition as determined by an appraiser. The actual age of a building may be more or less than the estimated effective age.
Age of a structure based upon its present condition rather than actual age. Takes into account rehabilitation and maintenance.
An appraiser's opinion of the physical condition of a structure. The actual age of a building may be longer or shorter than its effective age.
An appraiserâ€(tm)s opinion of the physical condition of a building, regardless of its actual age.
Age in years, indicated by the condition and utility of a structure.