When determining a property's market value, which of the following is NOT typically taken into consideration?

Determining a property's market value involves evaluating several factors that reflect the current worth of the property in comparison to others. Recent comparable sales are crucial because they provide a benchmark for what similar properties have sold for in the vicinity. Current market conditions also play a vital role as they can influence demand and pricing trends. Historical market trends can offer insights into how property values have changed over time, helping to identify patterns and potential future price movements.

The owner's original purchase price, however, does not typically factor into the current market value determination. This figure is essentially tied to the past and may not accurately represent the current market conditions, recent sales data, or the unique aspects of the property. Market value is influenced more by current market dynamics and comparable sales rather than what the owner paid for the property years ago. Thus, it is the least relevant consideration when conducting a property valuation in today's context.