Developers Research offers Project Financial Analysis for Land Development Improvement Costs at three different levels:
Cost Estimates Without An Existing Land Plan
Developers Research has accumulated a database from evaluating more than 6,000 projects containing more than five million lots. We can effectively estimate project costs without an existing land plan. A Developers Research cost analysis is generally separated into three significant areas:
• Intract Costs or Direct Improvement Costs: Direct Improvement Costs for individual home sites (“Intract Costs”) are straight forward to estimate. They include improvement costs for wet and dry utilities in local streets that impact lots specifically within the project.
• Backbone: Backbone Costs include improvements that are physically on site, but may serve more than one planning area or areas not designed with lots. By Developers Research's definition, backbone streets do not have lots fronting on them.
• Bring-up Costs: Bring-up Costs, as defined by Developers Research, include costs for improvements not physically located on the property. Such costs may include construction of offsite sanitary sewer treatment plants, offsite water reservoirs, electrical substations or freeway interchanges.
Cost Estimates Based On Tentative Tract Maps or Specific Plans
To determine these costs, Developers Research analyzes tentative tract maps, preliminary project conditions, initial reports and other project related documents.
Cost Estimates Based On Completed Engineering Drawings
Developers Research analyzes engineering drawings, project specific conditions, project related reports and other client provided documents to prepare the budget.
