Bivvit Benchmarks
Bivvit Benchmarks
We’re building a clearer picture of residential development performance using actual completed-project records.
Bivvit is currently building its dataset. We will publish anonymized observations and benchmarks only when the underlying project sample is sufficiently useful and comparable.
In development
A benchmark should help a builder make a better comparison.
Bivvit does not publish a market benchmark simply because a number can be calculated. The underlying projects must be sufficiently comparable for the number to be useful.
Benchmark in development
Hard construction cost
Benchmark in development
Soft costs
Benchmark in development
Financing and carry
Benchmark in development
Construction duration
Benchmark in development
Budget variance
Benchmark in development
Sales variance
Benchmark in development
Project profitability
Future publication standard
Every future observation needs context.
When Bivvit can publish limited observations, each observation should show what the number represents and what it excludes.
- Sample size
- Geography
- Project type
- Time period
- Metric definition
- Median or average distinction
- Important exclusions
- Date last updated
Want to help build a better picture of residential development?
Start with your own completed project. You get a useful project review, and anonymized, aggregated information may eventually contribute to broader Bivvit research.