The purpose of our feasibility studies is to provide you with an accurate estimate. This helps identify the development costs for property you own or want to buy. Feasibility studies are helpful if you plan to finance your project with a construction loan, as it shows the lender that you have made proper plans.
We also perform and/or coordinate all of the work estimated in your feasibility study. If you choose for us to perform the work in your feasibility study, we will apply the initial feasibility cost. This cost will be added towards the total contract price.
Level 1 – Basic Study
Basic study involves estimated costs when replacing an old home or manufactured home with a new home where the existing utilities are still to code. Includes estimated permit costs and submittal, excavation, reconnecting existing utilities, concrete flatwork, decks, and painting costs.
Level 2 – Intermediate study
Intermediate study involves estimating costs for a property which has had preliminary studies completed but needs utilities bid or for replacing an old home or manufactured home with a new home but requires new or updated utilities or Includes all Level 1 items, plus impact fees, water and sewer facility fees, septic system estimate, well estimate, and power provider connection fees
Level 3 – Advanced Study
Advanced study involves estimating costs for an undeveloped property which has no formal studies to determine critical areas or concerns. It also includes properties with identified critical areas which need additional studies for mitigation. Includes all Level 1 & 2 items plus as needed estimates such as CAD, survey, civil engineering, SEPA, Fish and Wildlife, wetland, geotechnical, storm water and erosion control design fees.