Which physical force can directly influence property value?

The size and shape of the lot are critical physical attributes that can significantly influence property value. Larger lots often provide more usable space for potential developments, recreational activities, or landscaping, which can appeal to buyers. Additionally, the shape of the lot affects how the property can be utilized; for instance, a well-proportioned lot is typically more desirable than an irregularly shaped one as it offers more flexibility in terms of design and construction.

When evaluating property value, appraisers often consider these physical characteristics because they can directly impact the potential for development, aesthetics, and overall usability of the property. A lot that is ample in size and has an ideal shape can facilitate a variety of uses and attract more buyers, thus enhancing its market value. In contrast, factors like inheritance laws, local school ratings, and interest rates, while important in their contexts, do not have a direct physical impact on the property itself.