Highest and Best Use

Highest and Best Use

Highest and Best Use asks whether the property's present use is its highest and best use. It puts the present use through four tests. Open it from the section list.

Is the present use…

Legally Permissible: are the current improvements legally allowed, with particular attention to zoning? They are, so Yes. Physically Possible: the house already stands on this site, so Yes. Financially Feasible: Yes. And Maximally Productive: Yes.

Highest and best use

After all four tests: is the highest and best use of the property as improved the present use? Yes. Highest and Best Use Commentary is required when any answer is No. Every answer here is Yes, so we can leave it blank.

Market

That's Highest and Best Use, and the section is complete. Next, Market.