Doing your due diligence, and in particular, your feasibility, is when you make the decision to either proceed with a deal or toss it out. As I often say - just because it's developable, doesn't mean it's profitable. So getting those numbers as close to accurate as you can is a vital part of the process.
Two lines in the feasibility that you need to pay careful attention to are sewer and water connection costs. Why? Because the cost difference between a standard and non-standard connection can be substantial, and you don't want to underestimate the potential cost if it's non-standard.
Which raises the obvious question - what's the difference between standard and non-standard connections?
Two lines in the feasibility that you need to pay careful attention to are sewer and water connection costs. Why? Because the cost difference between a standard and non-standard connection can be substantial, and you don't want to underestimate the potential cost if it's non-standard.
Which raises the obvious question - what's the difference between standard and non-standard connections?