Definition / Objective
To study the metrics of a residential financial model such as absorption, pricing, price increases in order to improve the reliability and preciseness of the predictive model.
Approaches, Relevance & Methods / Solution
Develop a market study with the following steps:
- Interview with the client and related parties
- Document request
- Property inspection
- Market data research
- Analysis and production of report
- Presentation to the client
Deliverable Structure & Scope
Analysis of the Project
Location
- Physical Attributes
- Zoning Analysis – and Restrictions
Market Demarcation
- Market area
Demand Analysis
- Demand Drivers
Supply Analysis
- Existing Inventory, Planned
Supply and Demand Equilibrium Analysis
- Oversupply, Undersupplied
- Market Cycle Identification