EXCCExercise Control Center
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Bar B represents the depreciated reproduction cost after deducting the three components in the four-step method, namely, the physically depreciated cost of the existing defect item, the EXCC, and the controversial component-the replacement cost new (or used) of the substitute item.
For example, when the substitute comparison property operates more efficiently because of the addition of an item that the subject property lacks, there is no functional obsolescence unless there is EXCC the subject property.
It assumes that, since the property has a "flaw," the impact on the market value must be adjusted in the total cost to effect a solution, namely, the loss of the existing item with a defect, the cost of the new replacement item, and any EXCC.