What is Highest & Best Use?
Highest and Best Use (HBU) analysis determines the most profitable, legally permissible, physically possible, and financially feasible use of a property. This analysis is fundamental to real estate valuation and development planning.
Our HBU analysis considers current market conditions, zoning regulations, site characteristics, and economic trends to recommend the optimal development or use strategy that maximizes property value.
Who Needs This Analysis?
Real Estate Developers
Optimize development programs and maximize project returns.
Land Owners
Understand the full potential of your land assets.
Investors
Make informed acquisition decisions based on optimal use potential.
Four-Test Methodology
Our HBU analysis follows the internationally recognized four-test framework to ensure comprehensive evaluation.
Legally Permissible
Analysis of zoning, deed restrictions, environmental regulations, and building codes.
Physically Possible
Assessment of site characteristics, access, utilities, and physical constraints.
Financially Feasible
Evaluation of development costs, revenues, and return requirements.
Maximally Productive
Determination of the use that produces the highest residual land value.