Real Estate > QUESTIONS & ANSWERS > HOMEWORK #5 | Download for quality grades | (All)
HOMEWORK #5 | Download for quality grades |
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1. What are the two fundamental factors affecting the site selection approach? The two fundamental factors affecting site selection approach are whether one possess the idea for development or site ... intended for development: Development idea in search of a site: The idea is to find the marketable kind of development that is compatible with the characteristics of the site. Site in search of a development idea: If an idea for a particular kind of development is already conceptualized, then an appropriate site to execute it is to be found. 2. What is development capacity and critical range of a potential development? Development capacity is the services that can be provided to and from a site, based on the resources and constraints that the site exerts. When a conceptual model is applied into a feasible site, it often begins with translating specific demands of the target market into the site characteristics. Critical range is the range of minimum development that a site should undergo so that there is an adequate return in the investments. This can be understood from financial feasibility studies 3. What are the three main categories of the site characteristics and two examples of each? The three main categories of site characteristics are: [Show More]
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