By now, two things should be clear:
Yet this is where many land valuations still go sideways.
Someone pulls a few “comps,” averages the numbers, and calls it a day.
That approach works poorly for land — and often costs owners real [...]
https://www.homesellingteam.com/blog/posts/2026/01/08/what-highest-and-best-use-actually-means-for-landowners/If you’ve ever tried to figure out what a piece of land is worth, you’ve probably noticed something frustrating:
That’s because land doesn’t behave like houses, and valuing it requires a very different way of thinking.
As someone who has worked with residential property, landowners, and developers for decades, I can tell you this [...]
If you’ve spent any time around real estate — especially land — you’ve probably heard the phrase highest and best use.
It sounds important.
It sounds official.
And it’s often used without much explanation.
In reality, highest and best use (HBU) is one of the most misunderstood concepts in land valuation — and one of the most critical.
This post explains [...]
HST Home Selling Team in Mansfield CT recently completed our annual office ORTBO to recognize and honor our HST agents and staff. The event was held at Hilltop Restaurant in Willington and featured Sacred Rhythms Homestead and Wicked Folked for a joint program of Tarot & Terrariums.
Sales production awards were presented to agents within 3 categories of HST [...]
The Town of Mansfield, CT has completed its 2024 property tax revaluation, and new home assessment notices will be mailed out by March 10, 2025. These updated assessments determine your property taxes, but what if your home’s value has been [...]
We have effectively eliminated almost 3 billion birds in North America in less than 50 years. As a bird watcher I have noticed less traffic at my feeders and less birds overall in the woods when hiking trails. I find it is sometimes eerily silent when there should be abundant singing in the warmer months.
At my home we love birds and do [...]
Looking for a beautiful mid-century modern home? HST Home Selling Team has listed one at 90 Hillyndale Road Mansfield Storrs CT. Contact us today for a private showing.
Your septic system is in most cases, unseen, unclean, and unloved. Septic repairs and replacements can be a huge expense that buyers and sellers are forced to confront after a septic inspection reveals issues that will need to be negotiated before a sale will take place. If you have city water and sewer you should still observe the [...]
As we kissed 2023 goodbye for it's hellacious buyer's market (inventory at a 28-year low) and an incredibly lucrative year for sellers who could find something to move to, (national median price of $389,900), it's time to reflect on the rollercoaster ride that was the real estate market in the Mansfield-Storrs-UConn, CT area. From soaring [...]
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