How To Determine The Highest and Best Use of a Property

How To Determine The Highest and Best Use of a Property

Highest and best use is a term used in accounting and finance. Determining this value is vital for analysing and assessing the value of a property.

Determining the highest and best use of a property is a critical decision. Both accountants and investors must seriously consider it. It helps them know whether it’s essential for investors to invest in more improvements or sell the real estate to help them understand which option will provide the best financial future.

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