Highest And Best Use

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Highest And Best Use
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Question:		Highest And Best Use
Category:		Glossary Of Real Estate Terms
Date Added:		June 9th Saturday, 2007
Answer: Highest and best use Quoted: Highest and best use is a concept in Real estate appraisal. It states that the value of a property is directly related to the use of that property; the highest and best use is the reasonably probable use that produces the highest property value. This use, the Highest and Best Use, may or may not be the current use of the property. Stop Quote: http://en.wikipedia.org/wiki/Highest_and_best_use Highest and best use


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