If you are looking for new content on market analysis, highest and best use, identifying property rights and allocating value, the Appraisal Institute has just the book for you. AI’s newest book, “The Appraisal of Real Estate,” 15th edition, discusses those topics, plus more.
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By Benjamin R. Sellers, MAI, & Scott Robinson, MAI, SRA, AI-GRS, AI-RRS
Highest and best use analysis serves as the foundation on which market value opinions are built. If any deficiencies arise from the analysis, they expand into the valuation approaches, weakening the entire appraisal and its credibility.