Site analysis and feasibility is the step that can be critical for a  project. It basically requires researching a site to see if it is  profitable. Property developing can hold hidden costs.

To find out what  cost are required it pays to call professionals to find out costs.

Call  your local council for all required costs required to have all utilities connected / upgraded for your project.

Architects are excellent source  for determining costs like council approval costs including drawing  required.

Construction cost can be very important as many projects where new buildings will be built the construction costs are a large part of a project. The last important piece of information is sale price because  if you can not sell your product for enough (or it sits on the market  for a long time) the project will not be feasible.

Feasibility Study Decision


And do not forget to have an exit strategy at all phases!


Feasibility Study