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Land surveyors can do much more than check property lines. By providing feasibility studies, they play a crucial role any time a property owner wishes to develop their land. This civil engineering task doesn’t merely determine whether a particular plan is logistically sound and profitable — it will also help you understand if it will help you achieve desired outcomes. Here’s what you need to know about this essential service. 

A Primer on Feasibility Studies

Why Are Feasibility Studies Needed?

Feasibility studies should be undertaken during the planning stages of a construction project. This can be done if you own a property and want to know what the best development options are or if you want to find a site that will match your development needs. 

Ultimately, the goal of a feasibility study is to provide a comprehensive picture of what can or can’t be built on a particular property, examining a wide range of factors to give you an informed, unbiased recommendation.

What Goes Into a Feasibility Study?

land surveyorsLand surveyors start by looking at the site parameters to determine what is technically possible for the site. This will also account for local regulations, which may require additional legal permissions to move forward on a project. The building itself isn’t the only item that will be considered. Landscaping, parking and circulation, and other issues that will affect the use of the land must also be accounted for.

Beyond these logistical components, a feasibility study should also consider the project’s affordability and ability to deliver a return on investment. This will include cultural and market feasibility, as well as the likelihood that the project will be completed on time to remain under budget.

 

Whether you need land surveyors to assist with a feasibility study or a building inspection, count on Fusco Engineering & Land Surveying, P.C. to get the job done. Serving the greater Hudson Valley, NY, area since 1983, their design experts assist with a wide range of commercial, residential, and industrial projects. To learn more about what their land surveyors will do for you, visit them online or call (845) 344-5863.

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