Most development surprises are not really surprises. They are questions that did not get asked early enough. Before you commit significant time or money to a property or project, these five questions are worth working through.
1. What are you actually trying to achieve?
“Develop the property” is not a goal. Income, long-term ownership, a quick sale, space for your own business, or a community benefit each point toward very different projects. Being clear about what success looks like, and what you are not willing to give up, makes every later decision easier.
2. What do you already know?
Gather what is already in hand: the deed, a survey, past appraisals, any conversations with the city, and what you have seen on the site yourself. You may know more than you think, and organizing it helps reveal what is missing.
3. What don’t you know yet?
Every project carries unknowns, such as how zoning applies, what is underground, whether utilities can serve the site, or what the market will support. You do not need every answer on day one, but it helps to list the big ones and decide which must be answered before you go further.
4. What are you about to commit to?
Signing a purchase contract, paying for design, or making promises to partners can be hard to undo. Notice the moments where you move from exploring to committing, and make sure the unknowns from question three are addressed before you cross them.
5. Who should be involved, and when?
Bringing in the right people early often costs less than fixing problems later. A short conversation at the start can confirm whether an idea is worth pursuing and which questions matter most for your situation.
Where Blockwise can help. Asking the right questions is a good start. Knowing what the answers mean for your specific property is where Blockwise can help. Let’s talk about your project →
This guide is general information, not advice for a specific property.
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