Construction Cost Estimate – Lot Development Construction Cost Estimate – Lot Development Estimate total development costs for a proposed residential project on a vacant lot. General Property Info Property Address * Unit # City * State * Select… AL – Alabama AK – Alaska AZ – Arizona AR – Arkansas CA – California CO – Colorado CT – Connecticut DE – Delaware DC – District of Columbia FL – Florida GA – Georgia HI – Hawaii ID – Idaho IL – Illinois IN – Indiana IA – Iowa KS – Kansas KY – Kentucky LA – Louisiana ME – Maine MD – Maryland MA – Massachusetts MI – Michigan MN – Minnesota MS – Mississippi MO – Missouri MT – Montana NE – Nebraska NV – Nevada NH – New Hampshire NJ – New Jersey NM – New Mexico NY – New York NC – North Carolina ND – North Dakota OH – Ohio OK – Oklahoma OR – Oregon PA – Pennsylvania RI – Rhode Island SC – South Carolina SD – South Dakota TN – Tennessee TX – Texas UT – Utah VT – Vermont VA – Virginia WA – Washington WV – West Virginia WI – Wisconsin WY – Wyoming ────────── PR – Puerto Rico VI – U.S. Virgin Islands GU – Guam MP – Northern Mariana Islands AS – American Samoa Zip Code * Development Plan and Site Condition What is the current status of the subject property? * Select the current state of the lot. Select Status… Residential Lot (Single-Family) Multifamily Lot (2–4 Units) Condominium Lot / Pad Site Planned Unit Development (PUD) Lot Commercial Lot Mixed-Use Lot Industrial Lot Agricultural / Farm Land Rural / Vacant Land Corner Lot Interior Lot Cul-de-sac Lot Flag Lot Irregular Lot Waterfront Lot Improved Lot (utilities present) Unimproved Lot (raw land) Buildable Lot Non-Buildable Lot Subdividable Lot What is the proposed development type? * The type of residential structure to be built. Select Type… Vacant Land (no active use) Idle / Abandoned (previous use but currently unused) Single-Family Residence Residential Condo/Coop Manufactured / Mobile Home Use Multifamily Residence (2–4 units) Small Residential Condo/Coop Development Apartment Building (5+ units) Mixed-Use Occupancy (residential + commercial) Retail Use (storefront, shopping, etc.) Office Use Industrial / Warehouse Use Special Commercial (gas station, auto repair, pad site, etc.) Other / Restricted What is the current condition of the subject property? * Rate the current physical condition of the property. Select Condition… Excellent Good Average Fair Poor Damaged Not Applicable What is the proposed condition of the planned development? * The intended final condition of the completed development. Select Condition… Excellent Good Average Fair Poor Damaged Not Applicable Cost Estimate Disclaimer IMPORTANT NOTICE: Scope of Estimate This report provides an estimate for planning purposes only and is based on preliminary development plans. The costs provided are subject to change based on final engineering, official contractor bids, permitting fees, and market volatility. This estimate is NOT a guarantee of final project cost. Project Summary and Market Support Project Summary (scope & intent) Summarize the development (product type, bedrooms, parking, materials, timeline, construction method, any phasing). 0/1200 Market Support (narrative) Briefly explain demand, buyer profile, and how recent sales/active listings support pricing for this plan. 0/800 Residential Construction Cost Estimates Group estimated costs by category to establish a comprehensive budget. + Add New Cost Item Total Estimated Development Cost: $0.00 Estimated Current Value — Comparable Evidence (Current Condition) + Add Comp Add 1–5 references (sold/active) supporting the subject’s current condition value. Estimated Current Value ($) Data Sources / Notes List data providers/tools used. Justification Summary Explain how these comps support your current-condition value (e.g., PPSF, condition vs. subject, location/time adjustments). 0/800 Est. After Completion Value — Comparable Evidence (Proposed Condition) + Add Comp Add 1–5 references (sold/active) supporting the subject’s after completion value for the proposed plan. Estimated After Completion Value ($) Data Sources / Notes List data providers/tools used. Justification Summary Briefly explain how these comps support your after-completion value (e.g., PPSF, quality level, age/renovation, location/time adjustments). 0/800 Feasibility Inputs Enter the current lot value and expected after-completion value to model ROI. Current Lot Value ($) After Completion Value ($) Estimated ROI 0.00% Gross Value Gain $0.00 Net Project Profit $0.00 Clear Form Generate PDF
