You cannot plan a sound residential construction project without first completing a feasibility study and determining what you can do with the land you have, your budget, and any local building or zoning restrictions.

The feasibility study helps us ensure zoning compliance, estimate the build cost, and manage risk for clients. If you don’t get a feasibility study, you risk getting your heart set on elements that aren’t realistic or are too expensive, as well as going over budget and far past your desired move-in date. Don’t underestimate the importance of a feasibility study, and let us complete one for you right away.

Get a consultation from Phase One’s construction consultants and architectural designers by calling us today at 803-404-7168.

What Makes a Feasibility Study Important Before a Residential Construction Project?

Residential construction projects that begin without feasibility studies may take too long, be too expensive, or be less than ideal, so it is important to ensure this step is done correctly.

Ensure Zoning Compliance

A feasibility study gauges whether your goals for a new build, a full renovation, or an addition are feasible within local building and zoning guidelines. If you are building or renovating a house that’s in a Homeowners’ Association, we can consider any HOA-specific restrictions during a Phase One “Construction Consult.”

Estimate Project Cost

Feasibility studies are also important because they inform our clients whether they can achieve all of their goals within a specific budget. In addition to the cost of building materials, labor, and permits, we can also factor in the cost of removing trees and other land preparation that must be done.

We provide realistic project cost estimates to help clients anticipate their spending and secure the financing they need to break ground and start building the plans we design.

Site Assessment

A feasibility study and Phase One Construction Consult will also include an on-site assessment in which we spend up to 2 hours evaluating potential soil issues, explaining the limits of zoning and regulatory guidelines, and determining whether land development is required.

Risk Management

Feasibility studies help homeowners manage risk in residential construction projects, allocating budget for costly supply chain delays or other issues, and suggesting a specific type of foundation or building materials best suited to your area.

What if You Don’t Get a Feasibility Study?

Homeowners who move forward with residential construction projects without getting feasibility studies risk making uninformed decisions about the materials they use or the architectural style they choose, or unknowingly violating zoning rules and incurring costly fines.

Without a feasibility study, you may not learn that the soil on your lot is weak or soft and must be fortified to hold the weight of your house safely. Homeowners without construction experience might incur unforeseen costs when they do not receive feasibility studies or Construction Consults from Phase One, leading to inconvenient delays.

Homeowners who don’t get feasibility studies done before finalizing house plans risk their homes having structural issues, construction violating zoning or environmental regulations, or purchasing the wrong materials for the specific climate that degrade too soon.

What Happens After a Feasibility Study for Residential Construction?

After the feasibility study is complete, we can share our findings with you and begin planning the custom home or renovation you need.

Share Our Findings

We are honest about our findings during feasibility studies and Phase One Construction Consults, providing candid answers to any questions you have and telling what is and isn’t worth the risk or the cost based on zoning or land restrictions.

Discuss Creative Solutions

If the feasibility study reveals that an element you wanted isn’t possible with the current parameters, we can begin troubleshooting to find creative solutions right away. A different material might give you the same aesthetic appearance you want, but be less expensive and last longer in your climate than your original choice.

Start House Planning

House planning can really begin after the feasibility study, and we can continue to tweak building plans as much as you need until you are totally happy with the result and ready to move forward with a contractor.

FAQs About Feasibility Studies for Residential Construction Projects

When Should a Feasibility Study Take Place?

A feasibility study should take place before you’ve officially set your budget and before you have made any major design or structural decisions. We can’t confirm what’s possible until we understand the land and zoning parameters.

Is Market Research Part of a Feasibility Study?

Markey research is part of feasibility studies before residential construction, helping clients decide whether or not to build a fully custom home in a particular area or renovate an existing structure to save costs.

Do You Need to Get a Feasibility Study?

Feasibility studies are integral to successful residential construction projects, so you should certainly get one done before you plan and build a new home or any structure on your property.

Who Performs Feasibility Studies for Residential Construction Projects?

Our construction consultants conduct thorough feasibility studies and provide construction consulting services to clients.

Can You Get a Construction Feasibility Study Before Purchasing Land?

We must know the land you plan to build on so we can perform a feasibility study to see what is and isn’t possible on that specific lot.

Do Feasibility Studies Include ROI Estimates?

Feasibility studies also include return on investment (ROI) estimates, taking into consideration the following costs:

• Materials
• Labor
• Permits
• Land
• Custom features

Do Feasibility Studies Identify Environmental Concerns?

A feasibility study should identify any and all environmental concerns for a specific piece of land, such as soil strength and flood risk, and ensure we keep the project’s plans within any environmental restrictions or regulations.

Plan Your Residential Construction Project with Phase One

Start planning your residential construction project with Phase One’s construction consultants and architectural designers by calling us at 803-404-7168.