What Does a Feasibility Study Include?
A feasibility study is a key element of any successful business plan. This document examines all aspects of a proposed project and determines whether or not it is viable. So, what does a feasibility study include?
A Review of the Space, Bylaws, and a New Floorplan
A feasibility study will help you understand the scope of the work involved, and identify any potential roadblocks. The first step is to hire a professional contractor to come in and take measurements of your space. They’ll also review building codes and zoning bylaws to make sure your plans are in compliance. Once that’s done, they’ll create a new floor plan that takes into account your desired changes.
An Interview With an Expert and Curated Ideas
Our feasibility study includes an interview with principal designer Michelle Mawby, sample finishes, and a mood board, as well as a design of kitchen cabinets with elevation drawings. The interview will help us to understand the project requirements and the client’s vision for the space, the sample finishes and mood board will provide inspiration for the design of the kitchen cabinets, and the elevation drawings will help us to visualize the proposed layout of the kitchen and make sure that the cabinets will fit in the space.
By providing a 3D artistic rendering, a design-build schedule, and a third-party elemental estimate, a feasibility study can help to shape and finalize your vision. This information can be used to ensure that the project is achievable within the allotted time frame and budget. In addition, a feasibility study can help to identify any potential risks or obstacles that might be encountered during the course of the project.
The feasibility of your home renovation project is important to consider before you get started. Our team can help you by conducting a preliminary scope of work and appraisal of your home, both before and after the renovations are complete. This will give you a clear understanding of the potential costs, benefits, and risks associated with your project. With this information in hand, you can make an informed decision about whether or not to proceed with the renovations.
Contact us today to learn more about our feasibility study services.