Sector

Development Land

Greenfield and infill land, redevelopment sites and land banks.

Aerial view of surveyed development land parcels beside a highway

Our perspective

Land value is a function of what can be built, sold and financed. Planning parameters, infrastructure, conversion and premium requirements can change a residual outcome materially.

We combine comparison evidence with residual analysis and test the development assumptions that drive the answer.

Valuation considerations

  • Planning parameters, plot ratio and density entitlement
  • Land use category, conversion and premium exposure
  • Infrastructure, access, levels and site preparation cost
  • Achievable pricing and absorption for the proposed product
  • Development cost, timing and finance assumptions
  • Highest and best use versus current permitted use

Typical instructions

  • Residual valuation of development sites
  • Highest and best use and feasibility analysis
  • Valuation of land banks for corporate and reporting purposes

When Value Matters, Experience Matters.

Whether the assignment involves a single property, an institutional portfolio or a complex valuation issue, speak with our professional team about the decisions you need to make.