Property Feasibility Studies
A property investment feasibility study is the formal study undertaken to determine whether a proposed project is viable.
Major Valuations can help in the following areas:-
- Residential Development – Major Valuations can help to determine the maximum number of units that can be developed to maximise the site and the financial return.
- Industrial Development (Factories and Warehouses) Similarly the maximisation of the site and the financial return.
- Office and Commercial (Office and Office/Warehouse) Also the maximisation of the site and the financial return.
- Retirement Villages. This requires the consideration of many factors and the viability and maximisation will be determined after discussion with the client.
Major Valuations have specialised expertise in retirement village property development feasibility and implementation.
They also provide specialist help with contaminated sites. Contaminated sites can cause major cost blowouts if the feasibility is not carried out by an experienced and professional valuer.
Tips for Selecting a Property Valuer
The following list details 8 helpful tips for selecting a property valuer. Conduct reference checks with other Lenders/Mortgage Insurers. Check the valuation firm has adequate Professional Indemnity Insurance (an...
March 13, 2018
Clear signs of recovery, stability in Perth rental market: REIWA
Perth's median rent has been stable for nine months, leasing activity held up well over the holiday season, and listing numbers, vacancy rates, and days on market are down. After three challenging years of tough market ...
February 26, 2018