When do you need a land-use feasibility study
2022.08.13 Resources
PURCHASING A PROPERTY:
- Confirm the land use, and redevelopment potential of a property
- Confirm the costs associated with the potential development
- Understand the limitations and/or constraints (on the property and surroundings)
SELLING A PROPERTY:
- Determine how to maximize the density on a property
- Confirm development-related costs for establishing the property value
- Provide purchasers with land-use related considerations associated with a property and limiting the risk for potential purchasers
PROPERTY REDEVELOPMENT:
- Understand the land-use related constraints, lot yield, serviceability, and costs associated with a potential development
- Confirm the timing of the application and permit process required for development
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