Which property characteristic could affect a real property appraisal assignment?

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A property characteristic that can significantly affect a real property appraisal assignment is the presence of an easement affecting the subject property. An easement represents a right for someone other than the property owner to use a portion of the property for a specific purpose. This could alter the property's value in a variety of ways, such as restricting the space available for development or limiting the owner's use of the property.

Easements can make a property less desirable to potential buyers because they impose limitations on how the property can be used. For an appraiser, understanding the implications of an easement is crucial, as it can lead to a reduction in the appraised value or require special considerations in the valuation process.

In contrast, factors like the size of the yard, the number of bathrooms, or the property's original purchase price, while still relevant to the overall assessment of a property's value, may not have as direct an impact on the appraisal as the existence of an easement. These characteristics are part of the broader context but do not carry the same weight in determining how the property is valued in practical terms.

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