High And Best Use

High And Best Use. Highest and Best Use Real Estate Exam Ninja Highest and best use (or highest or best use; HBU) is a concept in real estate appraisal that originated with early economists such as Irving Fisher, who conceptualized the idea of maximum productivity Here's a breakdown of the four criteria that Highest and Best Use must meet

PPT Highest and Best Use Decisions PowerPoint Presentation, free download ID1264709
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Most of the time it boils down to engineering - the cost. existing land use regulations; (ii) reasonably probable modifications of such land use regulations; (iii) economic supply and demand; (iv) the physical adaptability of the real estate; and, (v) market area trends; and (b) develop an opinion of the highest and best use of the real estate." It should be noted that a more detailed highest and best

PPT Highest and Best Use Decisions PowerPoint Presentation, free download ID1264709

Most of the time it boils down to engineering - the cost. [1]According to the doctrine of "highest and best use," in any case where the market value of real property is sought, that value must be based on that use that would produce the highest value. Applying Highest and Best Use to an Existing Structure

Highest and Best Use Concept Icon Stock Vector Illustration of environment, outline 254995140. To illustrate how highest and best use works in practice, consider an old 1920s brick building in the central business district of a small city For example, we cannot construct a building as high as Burj Khalifa on 1,000 SqM site

Ultimate Guide to Highest and Best Use Analysis Feasibility.pro. The concept of the "highest and best use" goes beyond traditional valuation methods to explore the most profitable and efficient use of a property Here's a breakdown of the four criteria that Highest and Best Use must meet