DEVELOPMENT APPRAISAL

A development appraisal is designed to assess the financial viability of a development project and will take account of the site’s value for the landowner and the risk for the developer in delivering the project.

Obtaining independent valuation advice for a prospective development project is an essential test of financial viability and to proceed without it would be very unwise.

Trinity Rose Chartered Surveyors conducts development appraisals and valuations for landowners, developers and Registered Providers on the suitability and viability of their projects. Read more about this service and get in touch if you’d like further details.

Expert development appraisals and valuations for developers and landowners

Before embarking on a development project, it’s essential for the developer or landowner to take independent valuation advice to verify if the project is viable from a financial, risk and use perspective.

What are development appraisals?

RICS defines a development appraisal as “an objective financial viability test of the ability of a development project to meet its costs including the cost of planning obligations, whilst ensuring an appropriate site value for the landowner and a market risk adjusted return to the developer in delivering the project”.

The valuation team at Trinity Rose Chartered Surveyors has expert, specialist knowledge of the costs associated with development work and conducts development appraisals and valuations to support developers, landowners and registered providers and ensure they enter into negotiations from an informed position.

Our clients also use our development appraisal services to assess the level of planning obligation contributions, when reviewing land use and to evaluate affordable housing requirements.

If you’d like to know more about the development appraisal and valuation services we offer, please contact us.

Development appraisals and valuations for developers and landowners
Essential report to evaluate the economic viability of a development project
Appraisals cover location, planning history, potential environmental constraints, the Local Plan and impact on the local community
Support for developers with site valuations and appraisals to negotiate from a position of strength

We offer Development Appraisals in Hampshire, Dorset and Surrey, including Alresford, Alton, Bournemouth, Basingstoke, Brockenhurst, Bishops Waltham, Chandlers Ford, Chichester, Christchurch, Fordingbridge, Farnham, Lymington, Lyndhurst, Park Gate, Portsmouth, Poole, Parkstone, Petersfield, Ringwood, Romsey, Southampton, Salisbury, Winchester, Verwood, The New Forest and Wimborne and the surrounding areas.