Housing Development Input Analysis

Hello Lucinda, We apologize for the delay in responding. Unfortunately, we don't have a sector specifically for real estate housing development. Note that the only impacts from the land acquisition phase include real estate, legal, and financial fees, etc. Which sectors you need to include in your model depends on the particular spending associated with your real estate development project. The actual value of the land does not generate any impact - the land was already there, it is simply changing ownership. Even if the seller gained a profit from the sale of the land, there will be no local impact unless the land owner lives in the study area and plans to spend his/her earnings from the sale locally (not likely). Construction would fall under sector 37 - Construction of new residential permanent site single- and multi-family structures. The architectural fees and legal fees for this are included as part of the production function, but if your construction value separates out these fees there are ways we can help you to modify the spending pattern to incorporate what you know. If you don't have a separation then IMPLAN can take care of this for you. If you would like to view the items purchased in the construction spending pattern you can do so via Explore> Social Accounts> Balance Sheet (Tab), and select View By: Industry Balance Sheet and the Commodity Demand tab. If you don't have the Explore menu available you can turn it on in the pathway File>User Preferences. Once you have opened the User Preferences window, you will want to choose the Analysis tab. On the Analysis tab you will select Advanced Modeling, if it is not already checked and then check the Explore check box. This will activate the Explore menu in both your Standard and Tasks bars. For the selling phase (not discussed in the linked form post below), the relevant part of the mortgages to include in the model would be fees paid to local businesses involved in the mortgage transaction process, e.g. real estate agent, closing attorney, etc. For an overview of this sort of project, you may wish to refer to [url=http://implan.com/v4/index.php?option=com_kunena&func=view&catid=84&id=9307&Itemid=35#9308]this forum discussion[/url]. In particular, pay attention to the 4 general pieces of a construction budget. Hopefully this will get you started. Please let us know if you have any additional questions.