DESCRIPTION & HIGHEST AND BEST USE	Project No.:	FA-15: (Rev. 2025)
AFTER	Tract No.:

Note: this is a separate appraisal analysis from the Before; based on the Hypothetical Condition that the project is complete and in place. This is an important concept to remember; the Remainder is to be analyzed based on its marketability to a typical buyer, not based on what is taken from the current owner. A Before and After appraisal is not an appraisal of the part taken; it is two appraisals with the difference between two analyses being the value for the part taken. Proper methodology is to analyze the After without recognition of what was the Before.

Description of the Property After the Project: (Physical & Location Characteristics)

Highest and Best Use of the Property After the Project:

(More than a statement of the appraiser’s opinion: Considering supply & demand factors; describe in the depth and detail required by its significance to the appraisal assignment. The conclusion(s) should address the use, the timing of the use and the most likely user(s). The appropriate handling of the Principle of Consistent Use is of paramount importance). Additional pages may be attached as necessary.

As (As If) Vacant Physically Possible
Legally Permissible
Financially Feasible
Maximally Productive
Reasonably Probable Conclusion
As Improved (If Applicable) Physically Possible
Legally Permissible
Financially Feasible
Maximally Productive
Reasonably Probable Conclusion