We have developed a proprietary database of costs for different product types in various geographic areas. By using appropriate regression analyses, we are able to reasonably predict a project's costs based on historical data. This allows the client to obtain a "ballpark" development cost for use in investment decisions. In preparing Flash Budgets, Developers Research still uses its traditional standard of care in determining impact fees, but uses regression analysis to estimate Improvement Costs. This service is often available at a significant reduction from the cost of preparing a complete detailed analysis.
