This is the first stage of proper due diligence which will establish the true value of a particular piece of property after it has been developed.
Our company does this using a computer model of all the costs and revenue flows mapped out over the life of the project. This process is normally run for a number of different land use scenarios in order to determine best use of the property to deliver maximum development profit. This process takes many of the initial risks out of the land purchase process and gives the developer full confidence that whatever offer is made for the land is backed by sound financial planning.