Which scenario best illustrates a hypothetical condition in appraisal?

A hypothetical condition in appraisal involves a scenario in which the appraiser makes assumptions about facts that are contrary to what is known or has been verified. Assuming certain repairs were made to a property exemplifies this concept, as it suggests the appraiser is considering a condition that may not actually exist at the time of the appraisal. This can affect the value estimation since the appraiser's conclusion is based on the premise that the improvements were implemented, even though they might not have taken place.

The other scenarios do not fit this definition as precisely. Assuming zoning restrictions will change pertains more to future expectations rather than a current state or condition of the property. Assuming a property is in a different location represents a misconception but does not involve a condition that could potentially change or be rectified. Making no assumptions at all indicates a straightforward appraisal based on current facts and data, which is a fundamental aspect of the appraisal process, rather than engaging with hypothetical conditions.