Preliminary Construction Project Feasibility Report

What a good one includes

• A detailed analysis of local zoning classifications, including setback requirements, height limitations, and maximum lot coverage.
• An assessment of existing utility connections, identifying any necessary main extensions or capacity upgrades for water, sewer, and power.
• A review of physical site constraints, including topography, soil conditions, flood zone status, and potential environmental overlays.
• A preliminary financial model featuring high-level hard and soft cost estimates alongside projected return on investment.
• An outline of the required municipal permits, approvals, and a realistic timeline for the pre-construction phase.
• A dedicated risk assessment identifying potential project bottlenecks, such as neighborhood opposition or complex easement issues.

Common mistakes to avoid

• Relying on outdated zoning maps or assuming a previous zoning variance automatically applies to the new project.
• Failing to account for utility connection fees and infrastructure extension costs, which can quietly add six figures to a budget.
• Overestimating the buildable footprint by ignoring setback rules, easement restrictions, and stormwater management requirements.
• Skipping a preliminary site walk or physical assessment, leading to unforeseen soil issues or grading challenges later on.

Frequently asked questions