Which force is NOT typically considered in neighborhood analysis?

Neighborhood analysis in real property appraisal seeks to understand the various forces that can influence property values within a specific area. These forces include governmental, social, and physical factors.

The governmental forces refer to regulations, zoning laws, taxes, and policies that can affect land use and property development. Social forces encompass the demographic characteristics, community values, and lifestyle preferences of the residents that shape the neighborhood's appeal and desirability. Physical forces are related to the tangible aspects of the neighborhood, such as the geography, infrastructure, and the condition of buildings and public spaces.

Psychological forces, while they play a role in how people perceive neighborhoods and properties, are not typically highlighted in formal analyses. Psychological factors can influence an individual’s viewpoint or emotional response to a neighborhood but are more subjective and harder to quantify compared to the other three categories.

Understanding the distinction among these forces helps appraisers evaluate and report on real estate market conditions more effectively, making the exclusion of psychological forces from the primary considerations in neighborhood analysis reasonable.