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Showing posts from May, 2010

Estimate Feasibility - Buy house, build house with contractor, build house with commercial manager

I endeavoured to do a feasibility for a client ito his options of acquiring a new home in a security complex in Stellenbosch, South Africa.   The options are as follow: 1.     Buy an existing house from an agent. 2.     Buy a stand and build a new house with the contractor and his architect. 3.     Buy a stand and build a new house with me as the commercial manager and his architect. 4.     Buy a stand and build a new house with me as the commercial manager and my architect.    FEASIBILITY – WELGEVONDEN – 3 BED 2 BATH 1 GAR Scope: 1.     Best value for money investment. 2.     Design of house based on best sales / m2 of house. It affects the ROI (Return on Investment) of the project. 3.     People stay on average 7 year in a house before they sell it, therefore investment has to be based on the fact that it will be sold within 7 years. 4.     Ways that risk need to be minimized defined as: a.     The probability of