The analysis behind better
development decisions.
We use structured analysis to evaluate sites, compare development paths, understand risk, and decide where capital should be deployed. Selected versions of those tools are available to owners, investors, agents, and partners who need clearer property intelligence before making a decision.
These reports began as internal tools for Stump's own development work. They are designed to clarify risk, feasibility, cost, timing, and development potential. When useful, we make them available to clients and partners as bounded, decision-focused deliverables.
The reports are artifacts of our internal development process - built to clarify risk, feasibility, cost, timing, and development potential before capital is committed.
Built for property owners, capital partners, and decision-makers evaluating whether a site has a stronger future use. Agents, buyers, and investors can also use these reports when they need independent, construction-grounded analysis before committing to a property.
Decision-support artifacts.
Each report answers a different decision question. They are public access points into the same internal development intelligence we use to screen sites, compare paths, and test whether a project deserves further time, capital, or execution.
A branded, professional property report that surfaces the things that matter — legal, zoning, physical, environmental, and financial — in a format agents can include with listings or deliver alongside offers. The Stump Report is designed to reduce surprises, support pricing conversations, and shorten time to escrow.
Built primarily for listing agents who want to differentiate their listings with a stronger disclosure package, and for buyer's agents who want independent analysis before their clients commit. Also works for direct buyers and sellers, small investors, and owners evaluating a refinance or sale.
- Scored screening across five categories — Title & Legal, Zoning & Entitlements, Physical Conditions, Environmental Hazards, Financial Context
- Deal-killer flags and issue summary
- Zoning verification with permitted use analysis
- Flood, fire, and environmental hazard screening
- Comparable market context
- Overall confidence rating reflecting data completeness
- Delivered as a branded PDF suitable for inclusion in listing packages
- Property address or APN
- Intended use or transaction context, if known
- Any existing reports — title, inspection, survey — if available
Scenario modeling across four development paths — Hold & Optimize, Value-Add, Multiply, and Redevelop — with every scenario defined by concrete cost, timeline, permitting, and capital requirements. Each scenario is stress-tested against exit pricing (flat, −10%, −20%) and checked as a hold-to-rent alternative. Results are shown side-by-side in a comparison matrix covering return, time, capital required, and hold economics.
Built equally for owners assessing what a property they already hold could become, and for prospective buyers or investors evaluating an acquisition with multiple development paths available. The Stump Development Brief models the scenarios, surfaces the trade-offs, and leaves the judgment where it belongs — with the decision-maker.
The Brief does not issue recommendations, label any scenario as "best," or advise on what to do. Every assumption is stated and sourced. Every scenario is presented on equal footing. The work is to clarify the options, not to choose between them.
- Property characterization — short summary of the site and context (references a prior Stump Report if one exists; does not duplicate it)
- Four development scenarios modeled: Hold & Optimize / Value-Add / Multiply / Redevelop
- Each scenario includes: scope definition, permitting pathway, cost estimate, timeline, capital required, and stabilized value
- Exit sensitivity per scenario — flat / −10% / −20% exit pricing, with impact on return
- Hold-to-rent alternative per scenario — DSCR stress test if disposition doesn't perform
- Side-by-side comparison matrix — return, time, capital required, risk profile, hold economics
- Explicit assumptions section — every input stated, sourced, and challengeable
- Data sources, limitations, and scope boundaries documented in full
- Property address or APN
- Your role — current owner / prospective buyer / investor evaluating
- Primary goal — maximize equity / maximize cash flow / maintain flexibility / disposition
- Capital availability band and hold period horizon
- Existing rent roll if income-producing; any prior plans, surveys, or assessments
Underwriting-grade analysis of a single, defined project. Where the Stump Development Brief models what a property could become, the Feasibility Study pressure-tests one chosen project against the conditions it needs to perform. Delivered as a full report plus a companion pro forma spreadsheet — a single deliverable built for a lending conversation, a capital partner review, or a final commit decision.
Built for developers with a specific acquisition in diligence, owners planning execution themselves, capital partners vetting an operator's numbers, and lenders requiring third-party underwriting on residential projects. This is the document that survives line-by-line scrutiny.
The Feasibility Study does not issue go/no-go recommendations. It defines the project, analyzes the execution, models the finances, and documents the conditions under which the project performs. The commit decision remains the reader's.
- Project scope — program, size, configuration, finish level, site context
- Property basis — acquisition cost, entitlements, site conditions being assumed
- Permit pathway — full entitlement sequence, jurisdictional timelines, discretionary triggers, critical path
- Construction cost estimate — line-by-line from our Master Production Library with confidence indicators per division
- Construction schedule — integrated with permit timeline, shown as narrative and table
- Draw schedule — when capital flows in and out across the project timeline
- Sources and uses — capital stack and deployment
- Development pro forma — acquisition, construction, carry, and disposition
- Multi-axis sensitivity analysis — cost, timeline, exit value, and financing rate
- Hold-to-rent alternative — if disposition doesn't work, does the hold scenario survive?
- Risk register — material risks, probability indicators, mitigation approach
- Conditions for the project to perform — the honest framing of what has to hold true
- Data sources, assumptions, and scope limitations
- Full report as a branded PDF
- Companion pro forma spreadsheet (.xlsx) — detailed monthly model, editable for the client's own stress testing
- Property address or APN
- Specific project scope — square footage, unit count, configuration, finish level
- Target construction budget and target timeline
- Intended exit — sell at completion / hold as rental / owner-occupy / refinance
- Capital structure — all-cash / construction loan / equity partner / syndication
- Target returns, financing terms if known, and any existing entitlements or approvals
When analysis points to a larger opportunity.
Some properties are better suited for a report. Others reveal a larger development opportunity. We partner selectively with property owners and capital partners when a site fits our development model and there is a clear path to value creation.
Straightforward intake.
Clear scope. Defined deliverable.
Every engagement follows the same path. No open-ended discovery calls. No open-ended scope creep. A bounded deliverable, scoped around the decision you need to make.
Start with the right fit.
Not sure which report fits your situation? Send a short note describing the property and what you're trying to decide. We confirm the right scope by email — usually within one business day.
Scope and engagement.
Once the scope is confirmed, we send a short engagement letter with pricing and the deliverable date. For deeper studies, a brief scoping call is available on request to confirm project inputs before work starts — scope confirmation only, not open-ended consultation.
Deliverable.
Your report is delivered on the stated turnaround, as a branded PDF (plus companion spreadsheet for the Feasibility Study). Every assumption is documented and sourced. The scope is bounded at delivery — no ongoing consulting relationship is included or implied.
Send the property, the decision in front of you, and any known project constraints. We'll confirm the right scope by email.