Highest and Best Use - Other HBU Considerations

Other HBU Considerations

HBU is a designation to identify an entity that could have a higher value if used for a different purpose. According to an article on the United States Fish and Wildlife Service website:

“These (HBUs) are defined as lands which have higher values for their non-timber amenities such as for recreation and conservation.”

In appraisals, an entity is assessed at its highest or best use to maximize value and increase revenue. However, the value of an entity at its highest or best use may not be greater than the value of an entity in its present use if remediation is required to convert the entity to a different use.