{"id":4856,"date":"2026-09-05T22:05:03","date_gmt":"2026-09-05T20:05:03","guid":{"rendered":"https:\/\/ronnykazyska.de\/technically-intact-does-not-mean-market-aligned-a-lack-of-adaptability-reduces-marketability\/"},"modified":"2026-09-05T22:05:03","modified_gmt":"2026-09-05T20:05:03","slug":"technically-intact-does-not-mean-market-aligned-a-lack-of-adaptability-reduces-marketability","status":"publish","type":"post","link":"https:\/\/ronnykazyska.de\/en\/technically-intact-does-not-mean-market-aligned-a-lack-of-adaptability-reduces-marketability\/","title":{"rendered":"Technically intact does not mean market-aligned. A lack of adaptability reduces marketability."},"content":{"rendered":"

The economic usability of a property does not end only when technical defects arise. A building can remain technically functional while losing demand. <\/p>\n

Occupier requirements change with the market. Floor plans, space efficiency, building technology, energy consumption or specification standards influence the competitiveness of a property. <\/p>\n

Obsolescence describes the loss of functional or economic suitability. The technical condition may initially remain unaffected. <\/p>\n

The adaptability of a building influences how long it can accommodate changing requirements. Flexible floor plans facilitate new use concepts. Good divisibility broadens the potential occupier pool. <\/p>\n

Building technology is subject to the same process. A technically functional system may become economically outdated if operating costs or performance no longer meet prevailing market standards. <\/p>\n

The year of construction provides only an indication. An older building can remain aligned with the market after modernization or conversion. A younger building may become economically obsolete earlier if its structure restricts change. <\/p>\n

The marketability of a property therefore does not depend solely on its technical condition. The market compares a property with available alternatives. Functional disadvantages are often reflected in longer marketing periods, lower rents or higher capital expenditure requirements. <\/p>\n

The valuation must take such developments into account where they affect value. The impact may relate to sustainable income, third-party usability or remaining economic useful life. <\/p>\n

The remaining useful life is based on the period of continued economic usability. Obsolescence can shorten this period even though the technical life of the building has not been exhausted. <\/p>\n

Modernization preserves marketability only where it removes an actual disadvantage. New technology alone does not improve the economic position of a property. <\/p>\n

A change of use can create additional options. The new use must be technically feasible, legally permissible, and economically viable. <\/p>\n

The assessment remains property-specific. The location shapes demand. The building structure limits or expands the scope for adaptation. <\/p>\n

Technical functionality therefore represents only one part of the assessment. The property must also retain its economic usability under changing market conditions. <\/p>\n

Technically intact does not mean market-aligned. A lack of adaptability reduces marketability. <\/p>\n

Obsolescence is therefore one of the factors to be considered when assessing the sustainable marketability of a property.<\/p>\n

\"Ronny<\/p>\n","protected":false},"excerpt":{"rendered":"

The economic usability of a property does not end only when technical defects arise. A building can remain technically functional while losing demand. Occupier requirements change with the market. Floor plans, space efficiency, building technology, energy consumption or specification standards influence the competitiveness of a property. Obsolescence describes the loss of functional or economic suitability. […]<\/p>\n","protected":false},"author":5,"featured_media":4855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[120],"tags":[],"hf_cat_post":[],"class_list":["post-4856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-valuation"],"acf":[],"_links":{"self":[{"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/posts\/4856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/comments?post=4856"}],"version-history":[{"count":0,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/posts\/4856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/media\/4855"}],"wp:attachment":[{"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/media?parent=4856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/categories?post=4856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/tags?post=4856"},{"taxonomy":"hf_cat_post","embeddable":true,"href":"https:\/\/ronnykazyska.de\/en\/wp-json\/wp\/v2\/hf_cat_post?post=4856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}