Tag Archives for " highest and best use "

[youtube https://www.youtube.com/watch?v=O_NWWdE-k4M?feature=oembed&enablejsapi=1&origin=https://safe.txmblr.com&wmode=opaque&w=250&h=141] Animate Eganville… Re-imagining our future… 1 place at a time Here’s a concept for redeveloping the old cheese factory in the center of Eganville, a town about halfway between Canada’s capital city, Ottawa, and Algonquin Park. It’s a 16,000 sq ft concrete structure onto which an additional floor can be added. It’s HABU, […]

Real estate invention I work with several hundred real estate investors to determine their residential or commercial property’s habu, highest and best use, how to differentiate themselves from their competition, how to boost cap rates and ROI, how to get tenants to pay more of the share of the costs of running a building, how […]

For decades the principle of Highest and Best Use has guided town/city/township/county councils and their municipal planners and economic development offices. To paraphrase Sir Winston Churchill, “It is the worst possible system except for all the others.” It can be defined this way— “Highest and best use for a property is achieved when the value […]