Economic Obsolescence: An Adjustment That Is Often Overlooked

Business Valuation Update
Business Valuation Australia
October 15, 2016
Gary Trugman, CPA/ABV, MCBA, ASA, MVS

Summary

When we perform a business valuation, the valuer is constantly faced with addressing the highest and best use of a property, as well as different premises of value that can impact the conclusions. This article discusses an issue that arises regularly but is not necessarily addressed by the valuation analyst, namely economic obsolescence.