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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