Which one of the following is LEAST likely to be found in an appraisal report?

In an appraisal report, the focus is on providing an objective analysis based on factual data and established methodologies. The appraiser's valuation conclusion and methodology, data used in the analysis, and a comprehensive summary of neighborhood market trends are all essential components of an appraisal report. These elements are critical as they help to support the valuation provided and ensure that the conclusions drawn are based on observable and verifiable information.

Personal opinions of the appraiser regarding the property, on the other hand, do not belong in an appraisal report as they can introduce bias and affect the validity of the appraisal. Appraisals need to be based on empirical data and established methods of valuation that are in line with industry standards. Including personal opinions could undermine the credibility of the report and is generally avoided to maintain objectivity and professionalism in the appraisal process.