Field Survey Methodology
Following is a synopsis of the components typically included within a Danter Company
Tax Credit multifamily study.
Site Inspection
Each proposed site is personally inspected by a Danter Company field analyst. The site
is inspected for the suitability for development as it relates to the market. A full area
description is included identifying surrounding land uses, as well as proximity to area
resident services.
Effective Market Area (EMA)
The EMA, the smallest area from which the project will draw 60% to 70% of its support,
is identified for the proposed site. Mobility patterns affecting development at the
subject site, natural and manmade boundaries that affect mobility, and area perceptions
affecting the site are all identified.
100% Field Survey
All modern apartment development within the EMA is surveyed by our field analysts. The
following information is identified for each community.
- Number of units
- Type of unit (garden/townhouse)
- Unit mix
- Rent
- Vacancies
- Unit amenities
- Project amenities
- Project type (market-rate or government subsidized)
- Utilities
- Year built/opened
- Determination of Comparability Index, an impartial apartment project comparison rating
based on a community's unit, project, and aesthetic amenities
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