5 Common Mistakes Developers Make in Early Feasibility Studies

5 Common Mistakes Developers Make in Early Feasibility Studies

When a new development idea sparks, it’s easy to get swept up in the excitement. But too often, costly mistakes are made in the early feasibility stage—mistakes that could have been avoided with the right checks in place.

Here are five pitfalls I see most often:

1. Skipping Proper Zoning Checks

Developers sometimes assume land is zoned for their intended use, only to discover restrictions later. Always confirm zoning rights before committing to a deal.

2. Overlooking Title Deed Conditions

Hidden clauses in a title deed—such as servitudes or restrictive conditions—can derail a project. A thorough review saves time and money.

3. Ignoring Municipal Planning Frameworks

Even if zoning permits a use, municipal policies and development frameworks may restrict what can be approved. Aligning with local frameworks is essential.

4. Underestimating Timeframes

Approval processes often take longer than expected. Rushed assumptions about timing can cause financial strain. Build realistic timeframes into your plan.

5. Not Involving the Right Experts Early

Lawyers, town planners, and engineers each play a role in assessing feasibility. Delaying professional input often leads to missed risks and added costs.

Final Thought: A solid feasibility study is more than a tick-box exercise—it’s the foundation of a successful development. With the right checks in place, developers can avoid setbacks and move forward with confidence.