Development Appraisals
Testing whether a proposed development genuinely stacks up — against regulation and against the numbers — before capital is committed.
What’s included
- Site development potential assessment against zoning and bye-law constraints.
- Density, floor area ratio, and massing feasibility review.
- Residual land value and development viability assessment.
- Cost and value assumption benchmarking to local market conditions.
- Sensitivity analysis on key financial variables.
- RICS-methodology-aligned appraisal documentation.
Development appraisal is the discipline of testing whether a proposed development is genuinely viable — financially, and against the regulatory constraints a site carries — before a client commits significant capital to detailed design and application. This means assessing a site's development potential against applicable zoning, density, and building bye-law constraints, and evaluating the resulting scheme against realistic cost and value assumptions to determine whether it represents a sound investment.
We prepare development appraisals using recognised international real estate appraisal and valuation methodology, including RICS valuation standards where relevant, alongside a grounded understanding of local regulatory constraints and market conditions. This work connects closely with our Cost Consultancy and Economics services under Planning & Consultancy, giving clients an appraisal that is realistic about both what a site can accommodate under current regulation and what that development is likely to be worth.
Other parts of Planning
