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If a house has had better than average maintenance, rehabilitation, or modernization, its effective age probably will be

A) more than its chronological age.

B.) less than its chronological age.

C.) the same as its chronological age.

D.) within 5 years of its chronological age.

1 Answer

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Final answer:

If a house has had better than average maintenance, rehabilitation, or modernization, its effective age is likely to be less than its chronological age.

Step-by-step explanation:

If a house has had better than average maintenance, rehabilitation, or modernization, its effective age probably will be less than its chronological age.

A house's chronological age refers to the number of years since it was built, while its effective age reflects the condition and upgrades it has undergone. If a house has been well-maintained or renovated, it will appear younger and more modern than its actual age. For example, a 50-year-old house that has undergone extensive renovations may have an effective age of 30 years or less.

Therefore, the correct answer is Option B) less than its chronological age.

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