Request a demo and Enjoy a Free Trial
ArchiWise
Feasibility Analysis

Know Your Project'sProfitabilityin Minutes

Archiwise automates financial pro formas, zoning analysis, and market demand assessment for any site, revealing profitability and risks in minutes, not weeks.

  • Model different unit mixes and build strategies
  • Compare ROI, yield, and downside across scenarios
  • Choose the path that maximizes value before hiring consultants

Why Traditional Feasibility Studies Leave Money on the Table

Most feasibility analysis tests one scenario: "Can we build what we want?" But the better question is: "What should we build to maximize return?" Traditional studies are expensive, slow, and test only the developer's initial concept-missing better alternatives entirely.

Architect Preliminary Design

The Process:

  • Describe your vision to architect
  • Wait 2-3 weeks for schematic design
  • Get preliminary cost estimate
  • Discover it doesn't pencil (or barely works)
  • Revise and iterate ($$$)
Timeline:3-6 weeks
Cost:$15K-$35K
Problem: Testing one idea, not optimizing multiple strategies

Consultant Feasibility Study

The Process:

  • Hire feasibility consultant
  • Provide program requirements
  • Receive static report with financial model
  • No scenario comparison
  • Pay again to test alternatives
Timeline:3-4 weeks
Cost:$10K-$25K
Problem: Expensive to iterate, limited scenario testing

In-House Spreadsheet

The Process:

  • Build pro forma in Excel
  • Estimate costs from past projects
  • Guess at buildable SF from zoning
  • Hope your assumptions are close
  • Discover errors after commitment
Timeline:Days to weeks
Cost:Staff time
Problem: No architectural constraints, incomplete data, error-prone

The Hidden Costs: What Gets Missed

Better building configuration that adds 3 units

+$210K

Parking trade-off that saves cost but only reduces units by 1

+$120K

Mixed-use option that qualifies for better financing

+$140K

Phasing strategy that accelerates cash flow

+$90K

Different unit mix better matched to demand

+$150/unit/mo

Total Opportunity Cost: $600K-$1M+ in unrealized value per project

From Parcel to Pro Forma to Optimized Strategy in Minutes

Six steps that transform feasibility from a binary yes/no into strategic optimization.

1

Automated Buildable Envelope

ArchiWise automatically generates the maximum buildable envelope based on all zoning setbacks, height limits, FAR, lot coverage, parking requirements, and code-compliant dimensional constraints.

The Intelligence: You see exactly how much buildable volume exists before spending on architectural design.

2

Unit Mix Optimization

Test multiple unit mix scenarios: studio-heavy (maximize density), 1BR/2BR balanced, 2BR/3BR family-focused, mixed-income (density bonus compliance), or micro-units. For each mix, calculate total unit count, rentable SF efficiency, parking requirements, construction cost, and market rent.

The Intelligence: Find the mix that maximizes NOI while fitting the envelope and meeting market demand.

3

Development Strategy Comparison

Compare fundamental strategy options: Residential-only vs. Mixed-use, For-rent vs. For-sale (condos), Market-rate vs. Affordable density bonus, Surface vs. structured parking, Single vs. phased development.

The Intelligence: See which fundamental strategy delivers best risk-adjusted return.

4

Construction Cost Modeling

Estimate construction costs based on building type, construction method, unit size and count, parking type (surface, podium, underground), location-specific factors, finish level assumptions, and soft costs.

The Intelligence: Real cost estimates, not guesses. Understand budget before committing to design.

5

Financial Modeling & Sensitivity

Generate complete pro forma for each scenario: development budget, revenue projections, returns analysis (ROI, IRR, Cash-on-Cash, yield on cost), and sensitivity testing (what if rents are 5% lower? Costs 10% higher?).

The Intelligence: Know your returns and downside risk before capital commitment.

6

Scenario Ranking & Recommendation

ArchiWise ranks all scenarios by highest IRR, best risk-adjusted return, fastest time to stabilization, lowest capital requirement, and most by-right (least approval risk).

The Intelligence: See which strategy is objectively best-not just which one you thought of first.

Optimal Strategy Identified

How Developers Use Feasibility Check to Maximize Project Returns

Scenario:

R-3 lot, can build 22-26 units depending on configuration. Developer assumes 2BR family units are optimal.

IRR Comparison

Scenario Comparison

StrategyUnitsCostIRR
A: 24×2BR24$5.1M14.2%
B: 28×1BR28$4.8M16.8%
C: Mixed26$4.95M15.1%
D: 22×3BR22$5.3M13.4%
E: Density Bonus26$4.9M15.9%

Winner:

Scenario B (28× 1BR units) delivers 16.8% IRR - 2.6% higher than original concept

Outcome:

"We would have built 2BR units because that's what we always do. Feasibility Check showed 1BR units delivered 2.6% higher IRR. Market demand supported it. That optimization added $340K in project value."

Feasibility Analysis Proves Your Strategy Pencils

See how Feasibility Analysis fits into the complete framework for confident development decisions.

Complete Example: 6 Scenarios Tested

R-4 zoning, 15,000 SF lot | Can build 32-38 units | By-right path available

IRR by Scenario

Winner: Scenario 3

38 units using affordable housing density bonus
Mixed unit sizes (24× 1BR, 14× 2BR)
8 affordable units (20% of total)
Podium parking (28 spaces)
18.1% IRR
By-right approval

Decision: Commit capital to Scenario 3 with full confidence it's the optimal strategy.

Developer Success Stories

Found a $340K better strategy in 30 minutes

"We were locked into building 2BR units. Feasibility Check showed 1BR units delivered 2.6% higher IRR. Ran the numbers, confirmed market demand, redesigned. That 30-minute analysis added $340K in project value. Now we test every assumption before committing to design."

Sarah Chen
Sarah Chen
Principal
Chen Development Group
Multifamily developer, Bay Area
Parking trade-off saved $1.6M

"We assumed we needed full parking compliance. Feasibility Check compared 4 parking strategies. Dropping from 32 spaces to 20 saved $1.6M in structure costs. We lost 2 units but gained 190 basis points of IRR. Game changer."

Marcus Rodriguez
Marcus Rodriguez
VP Development
Pacific Coast Builders
35 projects/year
Mixed-use analysis unlocked better financing

"Residential-only felt simpler. Feasibility Check showed mixed-use delivered 1.7% higher IRR and qualified for SBA 504 financing at 50bps lower rate. That interest savings alone was worth $180K NPV. We went mixed-use. Best decision of the project."

Jennifer Park
Jennifer Park
Acquisitions
Metro Developers Group
Mixed-use specialist

Frequently Asked Questions

Costs are based on location-specific RSMeans data, recent project costs, and building type benchmarks. Accuracy is typically ±10-15% for preliminary analysis. Always get contractor bids for final budgets, but our estimates are reliable for go/no-go decisions.

Stop Guessing Which Strategy Works Best. Test Them All.

Join developers who optimize returns by testing multiple scenarios before committing to design-finding the strategy that maximizes value, not just the first idea that works.