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How to Create a Real Estate Feasibility Study FAST (Step-by-Step) — Transcript

by Rayon Academy · 2,624 words · 417 segments · language en · Watch on YouTube

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0:00Hey there, I'm David and in this video
0:01I'll show you how to create a complete
0:03property development feasibility study
0:05using Rayon. Whether you're a developer,
0:07architect, or urban planner, this is the
0:09type of presentation that helps turn a
0:11concept into a project. You'll learn how
0:13to explore zoning options, visualize
0:15area breakdowns, add livable layouts,
0:18and package it all into a clear,
0:19compelling proposal for investors and
0:21stakeholders.
0:23Throughout this video, I'll be working
0:24in rayon.design, a web-based
0:26architectural drawing software. Sign up
0:29for free and use the drawing template
0:30linked in the video description below to
0:32follow along the tutorial. Also, please
0:35like and subscribe to our channel if you
0:36find this content useful. Now, let's
0:38dive in. The first step of your
0:41feasibility study is your due diligence
0:43for the property site. I'm going to show
0:44you how to import a site plan
0:48from Rayon. Click on the menu and import
0:51a DWG.
0:53Here I have a DWG on my desktop called
0:55site plan. We're going to start with
0:57that.
0:58The import will open a new window in
1:00Rayon.
1:04Here you can see a preview of the DWG.
1:06And the first step is to select two
1:08points to confirm your scale. So I'm
1:12going to select two points on this
1:13little building over here.
1:16And I know from looking at this drawing
1:19before that this is roughly 80 m. So as
1:22long as you pick the correct scale and
1:24if it looks correct, then it should be
1:26ready to go. So, I'll click continue.
1:31Now I'm back in the original model and I
1:33can just click import.
1:38Now we have a scaled version of the
1:40imported DWG.
1:44Fully editable in Rayon.
1:48Now that our plan is set, let's fast
1:49forward a bit to where I've arranged the
1:51drawing onto a title block. I've also
1:53created an outline of the potential
1:55project that we want to build.
1:59Note that developers often overlook
2:01things like slopes or access routes in
2:03early stages, which can become expensive
2:05surprises later. Be thorough from the
2:07start by marking key information on your
2:09site plan. Rayon makes it easy to
2:12highlight value enhancers like walking
2:14distance to a metro, which usually means
2:16higher rents. So, I've indicated the
2:18metro with a yellow circle.
2:21proximity to a tech hub which is ideal
2:23for co-l livingiving. I've highlighted
2:24this building in red and the presence of
2:27a tourist heavy area which means
2:29short-term rental potential. I've
2:31highlighted this in green. Together
2:33these insights can elevate your pitch to
2:35developers. Now let's add an access
2:38route to the site plan. I'm going to do
2:40this using the curve tool.
2:45First, let's draw a very crude,
2:48easy
2:50line that sort of follows
2:53roughly where we're going. It doesn't
2:55have to be perfect, but just from one
2:57part off the site to our project. So,
3:01you click on a few places and then you
3:03say done. Now, we have this line. And
3:06the first thing we're going to do is
3:08stylize this line. So, let's go on to
3:10the right hand panel and let's edit its
3:14stroke. So,
3:16let's give it a nice color to highlight
3:19it. And let's increase the weight.
3:22Make it thick. And let's make it make it
3:25dashed. So, I think the one is too big.
3:29So, let's pull that down.
3:34Yeah, I like that.
3:38Now, what we can do is save this as a
3:40style. So, let's click the plus. Save it
3:43as a style. We can say site access.
3:48Now this is saved in our styles panel.
3:52You'll see why this is handy in a
3:54moment. We can add multiple site access
3:57lines coming from the other side and
4:01going down this road.
4:08Now we have this new line and we can
4:10apply the same style to the line.
4:13So, if we fast forward a bit here, I've
4:15cleaned up the lines and made sure that
4:17they stick inside of the bounds of the
4:19roads.
4:21What's good about this is if we click on
4:22the line and we want to change it, we
4:24can go to this style and edit the style.
4:29And let's say we want to change the
4:30color of the line, let's say we want
4:32red,
4:34both of the lines will update in red.
4:36So, we can have consistency in our
4:38drawing. So, no matter how many lines
4:40you draw, you can have control over what
4:42color, stroke, anything to do with their
4:45appearance.
4:48Now, let's focus on the building and
4:49sketch a few interior alternatives.
4:52In this case, I'll create a co-working
4:54plan with a mix of office spaces,
4:56meeting rooms, public and private areas
4:58to maximize the revenue of a given
5:00typical floor plan.
5:02Let's use Rayon's wall and zone tools to
5:04do so. I'll show you how. Here we have a
5:06basic plan with walls for the exterior
5:10and some interior walls with doors, but
5:13we can divide this up further any way we
5:15like. Let's start with the wall tool.
5:17Click on the wall tool and we can select
5:20one of the existing wall styles. We can
5:23go ahead and divide up these larger
5:24rooms into smaller spaces.
5:35[Music]
5:41Hey,
5:59hey, hey.
6:12For this project, we already have a
6:13legend created, which I'm just going to
6:14paste in here. And of course, every
6:17office and every project will have its
6:19own different legend, but here we have
6:21one set already set up for circulation,
6:24office space, meeting rooms, and each
6:26type of room has an explanation and a
6:29color. So, I'm going to show you how to
6:30link your zones to these colors and do
6:33so in a way that it'll easily add up the
6:36area of your project. Let's start with
6:38the zone tool. Simply click anywhere
6:41within walls and it will create a zone.
6:46Now, we already have loaded into this
6:48project some text styles that will work.
6:52Now, let's color the zone according to
6:53our legend. We zoom in on the legend.
6:56The office space already has a fill
6:59setup called office space and set to a
7:02color. Of course, we can change this to
7:04anything we want, but let's leave it the
7:06way it already is.
7:08So, now what we can do is click on this
7:10zone and change its style. replace it
7:14with office space.
7:17Let me undo that and show you a
7:19different way. You can also click on the
7:23next to style and pick a style
7:27by simply going over this
7:30office space clicking and then it
7:32figures out that it should reuse the
7:34office space style.
7:37Now we can continue putting zones all
7:39over the plan.
7:41[Music]
7:49[Music]
7:56Hey,
8:02hey, hey.
8:34Fast forward a bit and I've made three
8:36different zones. Let's start naming
8:38these zones. You can click on a zone and
8:40replace it with office one,
8:44office 2,
8:48and corridor.
8:52Now, you might see an issue here because
8:54we actually have a public space here,
8:57but the corridor is just off to the
8:59side, but we have no walls. So, how do
9:02we split up a zone? This problem can be
9:04solved with zone dividers.
9:08down next to the zone tool is zone
9:10divider. So, I'm going to select that
9:13and then draw a path
9:19that outlines my corridor.
9:34Now you can see what happened is the
9:35corridor zone
9:37only sticks to the left side of the zone
9:40divider.
9:45Now I can make another zone inside the
9:47corridor.
9:52Let's just style this text.
9:55[Music]
9:57It's already styled as I want the
9:59corridor, but let's switch them. So now
10:01coridor
10:03[Music]
10:07let's select this one and for the fill
10:10let's use the eyropper and go over and
10:13select public space.
10:25Now that we have everything
10:26intelligently set up, I can show you
10:28that these zones are sticking to the
10:31walls. Because if we move the wall,
10:34you can see the size of the zones
10:36actually change.
10:38Right now, this office is 29 m, but if
10:41we move this down, now it's 33. This is
10:44really helpful as you're making changes.
10:46Same goes for the zone dividers.
10:49We can select it using tab and we can
10:51change the size. And as you can see, the
10:53corridor and the public space now adapt.
10:56Now, let's fast forward. I have a full
10:58floor plan based on local regulations
11:01and my project's business plan.
11:04This is my first compliant version, and
11:06I can make multiple versions that test
11:08different mixes like residential heavy
11:10or mixed use with commercial or civic
11:12spaces. To do so, simply copy your floor
11:15plan three times.
11:19Holding Alt
11:22and holding shift, we can make three
11:24quick versions all in a row.
11:31Now you can go in and change each one.
11:35Let's say you want to delete a zone.
11:40And you can work through the plans in
11:41this way. Let's fast forward a bit. Have
11:44my three options that all show different
11:45mixes for the interior of the building.
11:48This is a great way to show stakeholders
11:49that you're thinking strategically but
11:51staying grounded in real constraints as
11:53everything works in each option. If we
11:55zoom in on one of the options, you can
11:57see that I've named everything according
11:59to the option. So each zone either says
12:02option A or if we move into option B,
12:08option B,
12:10and option C as well. You'll see why in
12:14a moment because next we're going to use
12:16Round's table tool to calculate and
12:17summarize the key data from each
12:19alternative. To do so, we'll create a
12:21table. You go to the left and click on
12:23the tables and add table.
12:30And right now, this table is taking into
12:32account everything in our model, which
12:34is why there's 578 items. We're going to
12:37simplify by clicking on the three dots
12:39and going into categories and turning
12:41off everything but zones. So now the
12:44table is only showing all of the zones.
12:48We can rename the table areas.
12:52And we can click on the name to sort the
12:54zones by name. And we can also group
12:56them. Here's where naming really comes
12:58in handy. Because we named all of the
13:00offices in option B, option B, office.
13:02They all get grouped together. We want
13:05to actually know the area of each zone.
13:07So we go to the plus sign and we can add
13:11any type of category including area.
13:17Bion automatically sums the totals for
13:20each group.
13:22Now this table's ready to be exported.
13:25You can export it as either a CSV or an
13:28XLSX.
13:29Let's go CSV.
13:31Of course, once you have the table in
13:33any spreadsheet software of your choice,
13:34you can format it however you want and
13:37you can save it as a PDF which we can
13:39put back into Rayon for presentations.
13:42Fast forward after dropping the PDF back
13:44into Rayon and arranging it on sheet.
13:46And that's it. You've now created the
13:48core of your property feasibility study.
13:51Three floor plan alternatives with three
13:53tables indicating the ratio and mix of
13:55square meters according to use case.
13:58Feel free to add information like the
14:00capacity of each space type and its
14:02return on investment benchmark and more.
14:05To help stakeholders picture the space,
14:07add a sample floor plan with furniture.
14:09Whether it's a living unit or an office
14:10floor, placing blocks and objects show
14:12scale, flow, and usability. Let's get
14:15started by clicking on the blocks icon.
14:18The blocks icon opens up the blocks in
14:20your model and in Rayon's online
14:22libraries.
14:23[Music]
14:26Let's start by typing in work.
14:30And here we have a work desk module and
14:32we can simply drag and drop it into our
14:34model.
14:36Now we can arrange the desks to fill up
14:38the space. You can rotate them, move
14:41them, even scale them.
14:47You can also go into Rayon's libraries
14:49and search yourself. So, let's look for
14:51office.
14:53If we scroll down,
14:58you can see office desk and chair.
15:02There's all sorts of office blocks to
15:04choose from. We're going to take the
15:05work kit eight-seater, drag it in,
15:09and a simple rotation.
15:13and you can drag it into a room.
15:22These blocks are a great way to quickly
15:23populate your drawing and make it look
15:25lively. Let's fast forward to where I've
15:27populated the whole plan with blocks.
15:30Now the plan is a lot easier for
15:32stakeholders to understand.
15:34As a final step, let's polish the
15:36presentation with a title block and a
15:38cover page featuring a reference image.
15:40Consider adding a summary scheme sheet
15:42to clearly compare your alternatives.
15:44This helps stakeholders quickly grasp
15:46your proposal at a glance. Let's start
15:48by grabbing a title block from the block
15:50library.
15:52If you click on libraries, you can
15:54browse all of the different groups of
15:55rayon libraries. And at the bottom, we
15:58have
16:00title blocks and annotations.
16:04See a whole collection of title blocks.
16:05You can choose any one you like and
16:09drag it into your drawing. To quickly
16:12create the schemes, let's go back to our
16:14site plan and copy paste the shape.
16:27You can get rid of the fill and keep the
16:30stroke. Next, let's paste our legend on
16:34so we can get the colors for the
16:36different functions.
16:37[Music]
16:40Now, we can fill the shape according to
16:44one of our functions
16:47such as office space.
16:51Now, we can use other shapes to describe
16:54the other programs. So, let's just draw
16:56a random rectangle
17:00and fill it with the meeting room
17:02function.
17:08We'll take away its stroke.
17:19And we can arrange these shapes
17:22according to the program of our design.
17:25Fast forward and here we have scheme A.
17:28Now we can easily duplicate scheme A
17:34to set up scheme B
17:36and scheme C.
17:40Now let's fast forward to our polished
17:42scheme page where we have option A, B,
17:44and C and the corresponding numbers to
17:46the square meters. We also have a legend
17:48at the bottom so that the stakeholders
17:50can understand what they're looking at
17:51which clearly intros the rest of our
17:53presentation. Here we have the project
17:55title page. And to add a finishing
17:57touch, I'm going to import a render of
18:00the building. So if you go to the side,
18:02import image. And I have a render on my
18:05desktop.
18:07Ron will simply put the image here. And
18:09you can rightclick,
18:11send it to the back of the layer,
18:14and arrange it on the page.
18:20And now we have our completed
18:22presentation ready to share with
18:23stakeholders
18:26share with the stakeholders. You can
18:27first check it out on the pages tab. As
18:30you can see here, it's not in the
18:31correct order. So, we can simply just
18:33drag the title page to the front
18:37and rearrange our pages as we wish.
18:40Let's put this at the end.
18:51[Music]
18:59[Music]
19:07Once all of our pages are in order, we
19:09can preview the presentation. the
19:11preview button.
19:20A new tab is opened with the PDF preview
19:23of our presentation which you can then
19:25publish
19:27to make accessible for anyone who has
19:29the link to view. You can now paste this
19:32link and share it with any of your
19:34stakeholders.
19:35Alternatively, you can go to the export
19:37menu and export the whole presentation
19:39as a PDF.
19:48And that's how you build a complete
19:49feasibility study in Rayon. From zoning
19:51options to data tables, layouts, and
19:53presentation polish with the right
19:55visuals and numbers, your proposal
19:56doesn't just explain, it inspires. You
19:59can grab this free template set from the
20:01video description below. If you have any
20:03questions, feel free to drop them in the
20:05comments below and we'd be happy to
20:06help. Thanks for watching and don't
20:08forget to subscribe to our channel for
20:09more tutorials like this one.

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