Community Benefits & Parkland
Land valuation advice for community benefits and cash-in-lieu of parkland matters.
Who we work with
Developers, landowners, municipalities and their advisers require land value evidence when reviewing development-related parkland contributions or community benefits matters.
When you need us
Development-related valuation requirements depend on the assignment, applicable provisions and relevant date. We establish these with the client and advisers at the outset.
What we do
Analyse comparable land transactions
Prepare a supported land value opinion and review competing appraisal evidence
What you receive
The report sets out its valuation basis and assumptions for use in review, negotiation or the development approval process.
What we need to begin
Provide the valuation instructions, effective date, proposed development plans, unit or floor-area information and approval status. Include relevant correspondence and any appraisal being reviewed so the required premise is clear.
An anonymized assignment
gsi prepared residential development land appraisals supporting parkland contribution and community benefits reviews. The analyses related built form, density and assumed approval status to comparable land evidence, with each assignment’s valuation instructions and effective date identified.
Questions & answers
Can the same land value be used for different contributions?
Do not assume so. The valuation date, instructions and development premise may differ. We establish the basis for each assignment before selecting the relevant evidence.
How does approval status affect the work?
The analysis distinguishes the actual approval position from any instructed assumptions. That distinction helps explain what the value opinion represents.
Can you review an existing contribution appraisal?
Yes. Provide the complete report and its instructions. We can examine the valuation basis, comparable evidence and reasoning and identify material points requiring clarification.