Property Valuation
The concept of 'highest and best use' in Wyoming appraisal means:
AThe use that generates the most tax revenue for the county
BThe legally permissible, physically possible, financially feasible, and maximally productive use✓ Correct
CThe use that is most commonly found in the neighborhood
DThe use currently in place on the property
Explanation
Highest and best use is the most profitable legal use of a property. It must be: legally permissible (allowed by zoning), physically possible (suited to the land), financially feasible (generates adequate return), and maximally productive.
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