//pro forma
Development Charges by City: The Full Canadian Ranking
Tags : Approval TimelinesCanadaconstruction costsdevelopment chargesMarket EntryMunicipal Policypre-constructionpro formaReal Estate Development
About $1,600 at one end. About $134,400 at the other. Those are municipal charges on a single high-rise unit, across the 23 municipalities the Canadian Home Builders’ Association benchmarked with Altus Group. Development charges by city is not a marginal line in a Canadian pro forma. It is frequently the largest single variable in it,..
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Development Charges in Alberta: The $57,000 Calgary Gap
Tags : AlbertaAltus GroupCalgaryCanada market entryCHBAdevelopment chargesEdmontonfeasibility studymunicipal feespre-constructionpro formaReal Estate Development
$93,000 in Calgary. $36,000 in Edmonton. Same province. Same building code. Same labour market. Three hundred kilometres apart. And that figure is not the cost of building the house — it is the municipal fee for permission to build it. The gap is $57,000 per unit. Development charges in Alberta differ that sharply between its..
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