Development Feasibility & Analysis
Our licensed valuers and property valuation consultants often assist clients with development feasibility analysis to determine what a potential purchaser could afford to pay for a site that has development potential. The property valuers feasibility analysis can also determine is a project is economically viable. The valuers analyse and interpret the market sales evidence, review other consultants town planning and engineering cost advice and prepare a Hypothetical analysis or Discounted Cash Flow approach to value. This method of analysis, along with the comparable sales method, provides owners or potential purchasers with an accurate, independent, unbiased opinion and a dual approach to the market value of a particular property.
There are many factors that can influence the market value of a property including the zoning and development potential. The Hypothetical Development method provide a check method of valuation analysis to the comparable sales approach and can determine if one site is worth more than a sale down the road, particularly if the analysed property has greater development potential.
Our valuers can provide this feasibility analysis and project management advice on built form developments such as residential apartments including over 55’s accommodation as well as land subdivision for englobo land parcels.
Project Management & Development Feasibility Advice
Licensed Valuer and Property Consultant, Simon Gill has a wide range of experience in property development including residential land subdivision projects in both metropolitan and the south west region of WA, retail development, industrial and commercial projects. Click here to view a Case Study relating to the benefits of Development Feasibility Analysis.
For more information, please contact Matt Garmony, Licensed Valuer or Simon Gill, Licensed Valuer for more information. (Contact Us)