PARCIC — Development budget worksheet
Template edition: 2026-10-18
Blank research worksheet, not a property report or professional certification.
No property has been verified by downloading this file. Complete it locally.
Keep unknown amounts UNPRICED; keep unresolved findings UNVERIFIED.

Property address:
APN(s):
Governing jurisdiction:
Intended use / project:
Prepared by / date:

1. QUANTITIES — each remains conditional until its evidence is validated
Gross building area / units:
Saleable or rentable area / units:
Residential units and typical unit size:
Commercial units and area:
Office units and area:
Design version / unresolved permission or geometry questions:

2. COST RECORD — repeat for each cost line
Item / scope:
Quantity and unit:
Rate and unit: UNPRICED
Allowance / quote / verified invoice:
Included and excluded work:
Source / observation date / date checked:

3. BUDGET — leave unknown entries UNPRICED, never zero
Acquisition: UNPRICED
Closing and due diligence: UNPRICED
Base building work: UNPRICED
Demolition and site work: UNPRICED
Soft costs: UNPRICED
Permits and utility connections: UNPRICED
Parking and off-site works: UNPRICED
Contingency, stating which costs it applies to: UNPRICED
Financing, taxes, insurance and holding costs: UNPRICED
Selling or leasing costs: UNPRICED
Scope overlaps to remove / remaining exclusions:

4. REVENUE EVIDENCE — do not copy the guide's fictional prices
Strategy: sale / rental
Comparable source / location / observation date:
Area or unit basis:
Price or rent: UNPRICED
Rent time basis: per month / per year
Vacancy and operating expenses: UNPRICED
Capitalization rate and supporting rationale: UNPRICED

5. DECISION REVIEW
Base case:
Lower price or rent case:
Higher cost case:
Delayed completion case:
Unpriced items that prevent a return calculation:
Next quote or source to obtain:

Guide: https://parcic.com/guides/estimate-development
All guide examples are fictional arithmetic, not local prices or property outputs.