Final answer:
Functional obsolescence of a building can occur due to various factors, such as technological advancements, changes in regulations, and physical deterioration.
Step-by-step explanation:
Functional obsolescence of a building refers to the reduced usefulness or value of a building due to factors such as outdated design, poor maintenance, or changes in market demand. Examples of what can contribute to functional obsolescence include:
- Technological advancements that make certain features or functions of the building outdated or unnecessary
- Changes in building codes or regulations that render the building non-compliant
- Physical deterioration or damage that impairs the functionality of the building
For instance, a building with outdated electrical wiring or inadequate insulation may no longer meet modern energy efficiency standards, making it functionally obsolete. Similarly, a commercial building designed for a specific purpose, such as a department store, may become functionally obsolete if consumer preferences shift towards online shopping and the demand for retail space declines.