Tools

• LandLand basis per buildable sq ftTurn a price, a lot size and a FAR into price per lot square foot and price per buildable square foot, the number developers and land brokers actually negotiate on. Includes the Miami-Dade development-site trades our land wire recorded, for reference.For Developers, land brokers
• UnderwritingYield on cost, and the rent to pencilSolve backwards from total development cost, unit count, target yield and expense ratio to the monthly rent per unit the project has to achieve, plus the stabilized NOI it implies.For Developers, investors, brokers
• CostConstruction cost escalationEscalate a budget from today to the start of construction, or to the midpoint of the build, at a rate you control. The default is a published producer price index, named and dated, not a house estimate.For Construction companies, builders, developers

Nothing you type is sent anywhere. The math runs in the page, and each tool publishes the formula it uses so you can check it against your own model. More on how we work in our methodology, and the underlying market series live in Markets & Data and our guides.