Which of the following factors does NOT typically affect market value in real estate?

Market value in real estate is influenced by a variety of factors, which include both tangible and intangible elements. Economic conditions, such as interest rates, employment trends, and overall economic health, can significantly impact how much buyers are willing to pay for a property. Similarly, property location is critical, as properties in desirable areas often command higher prices due to demand and access to amenities.

The personal preferences of buyers also play a role since individuals may prioritize different features or aspects depending on their needs. These preferences can shift market demand for certain types of properties or locations.

In contrast, historical property use generally does not affect current market value in the same way. While a property's past use may provide context for its potential or inform its zoning, it is more about current conditions and market dynamics that weigh heavily on value assessments. Therefore, historical property use does not directly influence market value in the way that economic conditions, location, and buyer preferences do.