Why is a Feasibility Study important?

• Every construction project has unique technical requirements and limitations. The feasibility report will explain what may be possible given those requirements and limitations and provide a guide to the timeline for the project.
• You will understand the services you will need to receive the approvals required to begin construction.
• You will learn about what can be built on-site, how many stories can be built, how big you can build it, setbacks, and other requirements.
• If you are thinking of building an ADU, JADU, a custom home, or any new construction like a mixed-use building or a commercial complex, and you want to understand the maximum number of units that you can build, the feasibility report will be especially valuable for you.

What can a Feasibility Study do for your project?

Since a feasibility study explores the various possibilities for your project, the questions to be addressed can vary for each type of project. For example:

If you're planning to build a multi-family building on your land, the feasibility study can help you determine the number of units that can be built. If you want to increase your rental income by adding an ADU, it can help you understand the size or number of units that are possible so you can see if your investment will be lucrative.

A feasibility study is just as useful for commercial projects as it can help you get a realistic view of the plans. A concept design can further help you visualize your design and can also be used to get city approval.

Advantages of a Feasibility Study

• A clear understanding of what can be built on your land will help you make an informed decision.
• It enables a smooth project as you will be aware about the processes applicable for your project and permit submission requirements.
• You can collaborate online with a qualified architect or designer and get your questions answered.
• We can conduct the feasibility virtually which makes it safe, convenient, and economic.