Practical example

Small-Scale Housing Project

An example of a small-scale project 

Let’s say you are a real estate developer, working on setting up a small-scale housing project of four new houses. You want to know how much money you can make on this project and how cash flow will progress, with respect to possible funding. In order to obtain an accurate picture, you will have to list all cost items, i.e. the purchase of land, required.

Tools That Support the Entire Real Estate Development Process

With a small-scale project like this one, you might perhaps be inclined to create an Excel worksheet and start tinkering. Soon however, you will discover that it will become complicated and that you might overlook things. And what about different versions of documents that you have to manage, which will not be seamlessly aligned to your administration once the project takes off? If keeping a clear overview is already quite tricky with four houses, you will lose sight of complexity with a 10-times-larger number, especially with 400 new houses.

HB Software has created a series of tools that support the entire real estate development process, regardless of the number of houses to be built. Firstly, calculation models for the total expenditure (in Dutch: StiKo) and cash flow.

Insight in Progress and Margins Made at All Times

By default, these models contain a large number of common cost items, which can be specified for special situations, depending on needs and wishes. These calculation models support the preparation phase of real estate projects.

HB Real Estate is a complete accounting record that reads calculation results, allowing you to closely monitor whether you stay within a set forecast. With HB Real Estate, you stay in control of all your projects. In combination with Exsion Reporting, our flexible reporting software, you will have insight in progress and margins made at all times, broken down by company (or umbrella group) and/or project(s). The calculation models, HB Real Estate and Exsion Reporting can be purchased separately, if so desired.

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More Features and Benefits for HB Real Estate 365

Read more features and benefits of HB Real Estate 365 were we can help you with

Project Forecasts and Analyses

For each project, you can create an unlimited number of forecasts, at all times.
Info Project Forecasts and Analyses

Overview for Each Project

A transparent overview of all transactions and activities of a given project
Info Overview for Each Project

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