AFFORDABILITY AND FINANCIAL VIABILITY ONLINE WORKSHOPS

The first of our workshop sessions will be held online on Saturday 24 Feb at 10.00am.

These are the topics we intend to focus on:

• The principles of Financial Viability;

• Understanding land values and how they are determined;

• How FVA software works, what data is input and what outputs are created;

• Sensitivity analysis and how changes in construction etc., costs and property values/rental prices can change the Viability forecasts;

• How to read a Viability Assessment Report: what to look for in understanding its contents and implications;

• Key questions to ask, on FVA's;

• Opportunities to try out some simple worked examples to help understand how FVA's work

To help you get the most benefit from the course, here is some pre-session information
from Prof. Stephen Walker:

The following documents are available:

1. A copy of the PowerPoint slides Prof Stephen Walker will be presenting DOWNLOAD

2. A copy of the excel file containing the FVA basic spreadsheet formats DOWNLOAD
   
   

If you have some time before Saturday, please open the files and just take a look at their contents. 

Slides: -  The slides contain some very interesting and useful information, and some of the slides will become much clearer when Prof Stephen has talked us through them!

Excel files:-  Please also have a look at the Excel file and save it to your PC or memory storage. We recommend that you save two copies: (one for active use and the other held in reserve, just in case things go awry - so you can revert to that stored copy of the Excel file.

The Excel file contains three “tabs”, named “Preamble”, Basic Residential” and “Basic Commercial”.  The calculation sheets are known as Residual Land Valuation Estimates [RLVE] .

These are dealt with via two separate sheets - one for a residential scheme; and the other for a commercial scheme. In practice, a more "advanced" versions of the RLVE can handle both approaches simultaneously. The reason for their separation is to stress the different valuation approaches that must be adopted when considering the variety and mix of real estate development.

Some tips/requests:

This will take you to the “waiting room”, so you will be admitted to the Zoom session by the Zoom host.

We intend to record some, or all, of this session, so if you do not wish to appear in the recording, please turn off your camera and mute your microphone.

Please mute your microphone when you are not speaking.

The session is intended to be interactive, so if you wish to ask a question or make a comment, please use the Zoom “chat” or raise your hand, using the Zoom menu and wait for the chair to invite you to speak.

Thank you for your interest, and we hope you find this to be an interesting, enjoyable and useful session!