Calculate zoning/use change value for real estate investments and properties
Enter current value under existing zoning, potential value under new zoning, and costs to rezone. The calculator shows value uplift from use change.
Industrial land worth $2M rezoned to residential worth $8M. After $500K rezoning costs, net value creation is $5.5M.
Government approvals for land use changes - rezoning, variances, density increases. Can dramatically increase property value without physical changes.
6 months to 3+ years depending on complexity, jurisdiction, and opposition. Budget for holding costs and professional fees during process.
Yes, and often do. Community input is part of process. Work with neighbors early, address concerns, and demonstrate project benefits to improve approval chances.