

Market & Feasibility Studies

Market and feasibility studies are used to evaluate whether a development, investment, or renovation project makes economic, legal, and logistical sense before committing significant resources. Simply put, such a study helps stakeholders decide if a project or an investment should move forward, be modified, or be abandoned based on hard data and projections. Typical users of market and feasibility studies include developers, investors, lenders, and even municipalities.
Depending on the project type, a market and feasibility study typically contains:
Market Analysis
Demand, competition, rental/sales trends
Regulatory Review
Permits, compliance, legal restrictions
Site Analysis
Zoning, environmental issues, access, utilities
Risk Assessment
Identifies potential challenges and obstacles
Financial Analysis
Projected costs, revenues, ROI, financing needs
Absorption Analysis
How long will it take for the units to be absorbed into the market?