Ask Henry

Dear H2,
Would you consider houses of worship near the subject property to be external obsolescence?

Adele Schnabel

Dear Adele,
It is quite possible that anything not on the subject property — including a house of worship — could cause external obsolescence. Excess noise, traffic and other issues might ensue. It is up to you as the appraiser to assess whether or not these conditions exist and if they cause external obsolescence.