The thesis deals with value of an immovable cultural monument with different purposes of use. With help of analysis of the highest and the best use of property (HABU) are individual suggestions of use of the object examined. The theoretical part defines basic concepts, indivual methods of appraisement and explains analysis HABU. The first half of the practical part is about acquaintance with territory solution and property and the second part is about HABU method application. The aim of the work is based on analysis’ results that defines what use is the most appropriate. Value comparison of property with current purpose of use and property that appears as the best shows what effect has the change of purpose of use on property’s value.