The legal fees section includes fields for the cost of appraisals, A&E fees, and project general requirements. This section also includes fields for contingency costs, which are funds set aside to cover unexpected expenses. The construction contract section of the template includes fields for the cost of labor, materials, and equipment. These costs can vary depending on the type of project and the location. This section of the template includes fields for parking, hardscape/landscape, and other site costs. Site improvements are another crucial cost category that needs to be considered when developing a real estate project. ![]() ![]() The land section of the template includes fields for the purchase price, closing costs, and real estate taxes. ![]() The cost of acquiring the land is a significant expense that needs to be factored into the budget. The land section is one of the most critical components of any real estate development project.
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