What primarily influences the Current Use Value of a property?

Prepare for the Georgia Appraiser Certification Exam. Utilize flashcards and multiple choice questions with detailed explanations. Ace your test!

The Current Use Value of a property is fundamentally influenced by the property's current usage. This concept centers around how a property is presently being utilized, which determines its value in the current market context. For example, a property used for agriculture, residential housing, or commercial purposes will have different valuations based on its current operative status rather than potential future uses or marketability.

This approach allows appraisers to assess not only the physical characteristics of the property but also its economic viability based on existing operations. In practical terms, if a property is actively being used for farming, its value will reflect the income-generating capacity and demand for agricultural land rather than speculative future uses.

The other options, while influential in their own right, do not directly define Current Use Value. Future development plans may suggest potential value increases but do not impact the present valuation. The desire of the buyer can lead to fluctuation in market pricing, but it is not a determinant of current use. Marketing techniques affect how a property is presented and perceived but do not inherently alter the inherent value derived from current usage. Thus, the current usage is the key factor that appraisers focus on to determine the Current Use Value effectively.

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