Showing posts with label Land assembly equals higher value. Show all posts
Showing posts with label Land assembly equals higher value. Show all posts

Tuesday 21 June 2022

Two Hats = Win Win

"I am a bit leary on what you do..." said one of my old friends who recently became a new client.

Reimagining the Vancouver Special on a tight budget 

(I get it)... Wearing two hats can be confusing for Clients. 

Marketing guru Nikita Morell (nikitamorell.com) says, keep your message simple: "We help X do Y by Z"

White Rock Land Assembly now a Seniors High Rise

So here goes:

Buyer: I help you find and negotiate the right land using an Architect's analysis. 

Getting the Most out of a Transit Oriented Development

Seller: I help you sell your land parcel for the best price using a Developer's mindset. 

2 Acre lower mainland Land Assembly

Everyone: Continuing on with the development permit design while the land deal closes, means your project moves forward as soon as possible = win win.


Andrew Scott Architecture and Planning: 
Architect + Realtor gets it moving A.S.A.P..

Friday 6 October 2017

Land Assembly Valuation

Concept Plan



How do you value property on a land assembly deal?

You might go to the MLS, look at active and sold listings in the last few months, look at trends and list comparbles and come up with a number. 

Here is where Commercial Real Estate and Planning Architecture join forces.

The Value of Land is based on the masterplanner's vision and the final built product price on the day of acquisition. 
Massing Study
Vision for land is created by
  • Site Analysis 
  • Masterplanning 
  • Massing Studies 
  • By-Law Interpretation

The aim is to build agreement between Buyers, Sellers, the City and ultimately the local community to come up with the highest and best use of the land and find a solution where everyone wins.

When we do the right amount of the upfront work to create vision by Site Analysis / Masterplanning / Massing Studies and By-Law interpretation, the whole process can be much smoother and well-reasoned.

Apart from managing the complexity of price through 'residual land value' calculations, the terms of sale in a commercial deal often involves some inventive responses as we satisfy the Stakeholders needs. This is always fascinating because there are lots of interesting moving parts.

Our ultimate aim is three things:  Find a solution that excites the Developer, satisfies the Seller and creates Value.