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|One of five primary types of obsolescence.
When a product or asset (such as lobby furnishings) is no longer desirable to the owners because it has gone out of the popular fashion, its style is considered to be obsolete.
Listed below are some of the attributes of style obsolescence:
The following assets are prone to style obsolescence:
There are two primary causes:
Style Obsolescence Mapped to the P-F Interval
For example: “When we replaced our lobby floor (“P”) we also replaced the lobby furniture (“F”) as it appeared dated and did not match the new aesthetics”.
Mitigation and Planning
The effects of style obsolescence can sometimes be managed and mitigated through the following:
Lobby Furnishings Scenario:
The aesthetic work is often discretionary in nature but can have some indirect benefits such as increased resale value.
Re-decorating projects are sometimes justified to occur in tandem with another type of (non-discretionary) project that causes damage to the finishes, such as a domestic re-piping project.
Fig. 1970's style furnishings in the lobby of a building.
Fig. 2000's style furnishings in the lobby of a building.
Fig. 1970's style furnishings in the lobby being modernized is an example of style obsolescence.
Fig. Aesthetic/style obsolescence mapped onto the P-F curve alongside the other forces of retirement.
Fig. I. Care is in a panic as some of his assets are "fading" away while others are "degrading". Style obsolescence is a form of fading.
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