Real estate blog entries tagged with highest and best use

Blog entries tagged with "highest and best use":

highest and best use: Oahu Farms and Ranches For Sale - 08/01/08 07:13 PM

Welcome to 2008's Oahu Real Estate Market! We all know about the crazy things happening in the mainland in the residential housing market. Hawaii's residential market is not doing nearly as bad as the mainland and prices are trying to hold up here. This is due to several reasons, which are … (1 comments)

highest and best use: Massive Cucumbers! - 07/24/08 08:29 PM

Don't laugh, but I am a big city girl. Grew up in downtown Bombay - that is like growing up on 42nd St in Manhattan! So... this is the first time in my life I've had a yard, and the first time in my life that I am growing veggies.
The … (9 comments)

highest and best use: Prices - Up Or Down? - 02/08/08 02:27 PM

Prices - Up Or Down? By Bill Roberts
There is a lot of talk these days on pricing of real estate. Most of it is wrong.
There is no "magic number" for what a property is worth. That number is arrived at by a meeting of the minds of the buyer and seller, … (8 comments)

highest and best use: Making Money In This Market - 01/02/08 01:44 PM

Making Money In This Market by Bill Roberts
Making money in this market by increasing the "use" or utility of a given property is a good strategy in today's market. There are many under-utilized properties out there from vacant lots to houses with functional obsolescence.
This is different from "rehabbing" because rehabbers generally … (14 comments)

highest and best use: I would never buy raw land part 2 - 07/23/07 12:06 PM

I am always hearing people say "I would never buy raw land." It's like they don't know that it is land that appreciates. They think that only improved property appreciates. But actually it is the land component of improved property that appreciates, not the structure. The structure actually DEPRECIATES, and eventually … (5 comments)

highest and best use: Highest and Best Use, part 2 - 07/08/07 09:04 PM

My philosophy is pretty simple. You want to build wealth you don't have to steal the property.
There is a lot of under-utilized real estate out there. It is NOT being used at it's HIGHEST and BEST USE.
Pay market value for it in its current use and enhance its value by changing … (8 comments)

highest and best use: The Law of Supply and Demand - 03/30/07 08:35 AM

You've probably heard someone say "They're not making any more land!" What they were really saying is that there's only a limited supply of land available, so the price goes up as the supply goes down. And of course, that IS the way prices are set on land and housing. As … (0 comments)

highest and best use: Highest & Best Use...does it apply to you? - 09/20/06 06:42 PM

My heart skipped a beat today as I approached my favorite mall at Park Meadows in Lone Tree. The demolition had begun on the Lord and Taylor store, it looked like the setting of a bombing.
No, it isn't a terrorist attack, just an economic decision to tear down a perfectly good … (16 comments)