Feasibility Study

The Best Strategy for Moving Forward

The first step of starting a cohousing project is to examine all of the aspects that determine the project’s feasibility and establish the best strategy for moving forward.

Starting a cohousing project is an exciting and rewarding endeavor, but it requires careful planning and a clear understanding of the factors that determine its feasibility. Conducting a professional analysis at the outset can help you avoid costly surprises and setbacks down the road. This is an ongoing process that requires an experienced eye to guide you through each stage of development.

Key aspects to evaluate include financial considerations, zoning regulations, available land, and community interest. A thorough assessment of these elements will not only highlight potential challenges but also uncover opportunities. For example, understanding local zoning laws early on can prevent delays and ensure compliance, saving both time and money. By investing in a comprehensive feasibility analysis, you are setting the foundation for a successful cohousing project that aligns with the needs and goals of its future residents.