Which of the following is NOT a technique to measure value?

Future value refers to the worth of an asset at a specific point in the future based on an assumed rate of growth. While it is a financial concept used primarily in investments and finance to project future gains or capital appreciation, it is not a direct method for measuring the current value of a property.

In contrast, the other methods mentioned are established techniques for assessing and determining the value of real estate. Market value is based on comparable property sales in the area, reflecting what a buyer is willing to pay. Insurance value pertains to the amount of coverage needed to protect the property against damages, often based on replacement cost. The cost approach assesses value based on the cost to replace or reproduce the property, minus depreciation. These methods are all integral to property valuation and provide tangible assessments based on different criteria.

Future value, being more of a predictive measure rather than a valuation technique used in real estate assessments, makes it the outlier in this context.