A feasibility is a decision tool, not a promise. Its value comes from making assumptions visible, testing them and updating them as better information becomes available.
Build revenue from evidence
Use genuinely comparable sales or rental evidence, allow for differences in product and timing, and resist treating an optimistic asking price as the base case.
Capture the whole cost stack
Include purchase costs, consultants, applications, infrastructure charges, construction, finance, holding costs, sales, tax and a contingency appropriate to the uncertainty.
- Separate known quotes from early allowances
- Model timing as well as headline cost
- Record the source and date of major assumptions
Stress-test the result
Ask what happens if revenue softens, approvals take longer, interest costs rise or construction changes. A deal that only works in the best case is telling you something important.
This article provides general educational information only. It is not financial, investment, legal, tax, planning or accounting advice. Property development involves risk, and you should obtain independent advice appropriate to your circumstances and project.