Financial Feasibility Studies for Property Development: Theory and Practice

by Tim Havard

Overview

Essential for any real estate professional or student performing feasibility studies for property development using Microsoft Excel and two of the most commonly used proprietary software systems, Argus Developer and Estate Master DF.

This is the first book to not only review the place of financial feasibility studies in the property development process, but to examine both the theory and mechanics of feasibility studies through the construction of user friendly examples using these software systems. The development process has seen considerable changes in practice in recent years as developers and advisors have adopted modern spread sheets and software models to carry out feasibility studies and appraisals. This has greatly extended their ability to model more complex developments and more sophisticated funding arrangements, saving time and improving accuracy.

Tim Havard brings over 25 years of industry and software experience to guide students and practitioners through the theory of development appraisals and feasibility studies before providing internationally applicable worked examples and potential pitfalls using Excel, Argus Developer and Estates Master DF.

Product Details

ISBN-13:	9780415659178
Publisher:	Taylor & Francis
Publication date:	09/10/2013
Pages:	256
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Dr Tim Havard is the author of two books, Investment Property Valuation Today and Contemporary Property Development, now in its 2^nd edition. He has been in the property industry for more than 25 years as a surveyor and academic.

Table of Contents

1. The Background to Development Appraisal 2. The Theory of Development Financial Feasibility Studies 3. The Practice of Development Financial Feasibility Studies 4. Conclusions – Potential Future Developments