Which of these is NOT typically considered when determining market value?

The emotional attachment of the seller is not typically considered when determining the market value of a property. Market value is influenced by objective factors that can be quantified and analyzed, such as comparable sales of similar properties, current market trends and economic conditions, and replacement costs of the property.

Comparative sales involve evaluating the prices at which similar properties in the same area have sold recently, providing a benchmark for setting a realistic price. Current market trends and economic conditions help assess how demand and supply dynamics may affect property values, including factors like interest rates and local economic health. Replacement costs focus on how much it would cost to replace the structure, which provides another numeric basis for valuation.

In contrast, emotional factors—like the seller's sentimental feelings towards the property—are personal and subjective, and therefore do not contribute to an objective assessment of market value. Effective market appraisal relies on data-driven analysis rather than individual emotions or attachments.