Which factor is NOT typically considered in a real estate appraisal?

In the context of real estate appraisal, local zoning laws are typically not considered when determining the market value of a property. Appraisals primarily focus on quantifiable factors that directly affect the property's value, such as its condition, market trends, and location.

Property condition is critical as it influences the property's appeal and maintenance costs. Market trends provide insights into comparable sales and overall economic conditions affecting property values. The location of the property is vital as it dictates desirability, accessibility, and potential for appreciation based on surrounding amenities and infrastructure.

While zoning laws can impact a property's development potential and usage, they are more relevant in urban planning and investment strategy discussions rather than in the direct valuation process conducted during an appraisal. Therefore, while recognizing the role of zoning in the broader context of real estate development, it is not a direct factor in the appraisal analysis focused on current property value.