Gladys J. Bell

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What is “Highest Use” in Real Estate Appraisals?

Fri May 13 , 2022
When appraising genuine estate, appraisers are trained to establish a property’s industry price in accordance to its “highest and ideal use,” regardless of how the residence is essentially being utilized at the time of valuation. The historic reason appraisers consider maximum and ideal use (HBU) when undertaking a valuation ties […]
What is “Highest Use” in Real Estate Appraisals?