Prior to deciding whether a portion of land can be developed with the intention of making profit, one needs to first take several factors into consideration. These include evaluating land price, town planning applications, plan fees, service fees to council and extension of networks, such as sewer and electrical. Other professional fees such as land surveyors, attorneys, engineers, etcetera also have to be factored in. Compiling a feasibility report is imperative as it will determine whether a project is viable or not.