In determining the price of real estate, which aspect is typically quantifiable?

In real estate valuation, taxes are a quantifiable factor because they can be explicitly measured in terms of specific dollar amounts or percentages based on property value. This includes property taxes, which are assessed based on the value of the property, as well as any applicable local tax rates. Taxes significantly influence the overall cost of owning a property and thus play a key role in determining its market value.

The other options involve more subjective measures. Reputation can be challenging to quantify as it relies on perceptions and feelings that vary widely among individuals. Neighborhood trends involve patterns that may be tracked over time but can be less concrete compared to hard numbers. Market growth potential, while it can be estimated based on various economic indicators, often requires assumptions and forecasts, which makes it more difficult to quantify accurately. Therefore, taxes stand out as the most directly quantifiable aspect in the context of real estate pricing.