Property Valuation
Highest and best use in Wisconsin appraisal means the use that is:
AThe most expensive to develop
BLegally permissible, physically possible, financially feasible, and maximally productive✓ Correct
CPreferred by the current owner
DMost common in the neighborhood
Explanation
Highest and best use is the use that meets all four criteria: legally permissible, physically possible, financially feasible, and producing the highest value for the property.
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