Prior to committing properties to development schemes that may prove to be economically non-viable, prudent real estate investors should invest in a Feasibility Study for the proposed project. The Feasibility Study should generally include preliminary plans for the development and financial statistics demonstrating the return on investment anticipated by the project. While this on the surface may seem simple, depending upon the nature of the project, a professional Feasibility Study typically requires in-depth research demonstrating support for all projections and conclusions. Feasibility Studies are a higher level of service than that offered by most appraisal firms. Only firms and appraisers with Feasibility Study expertise should be selected for any assignment of this sort.

ELLIOTT® has experience with Feasibility Studies and offers this service in all fifty of the United States. Call our office to learn more about what we may do for you.