What factors determine the viability of a subdivision project?

The viability of a subdivision project is fundamentally influenced by market demand and financing availability. Market demand refers to the interest and need for housing in a certain area, which can fluctuate based on economic conditions, demographics, and local trends. A strong market demand indicates a higher likelihood of selling homes within the subdivision, making the project more viable.

Financing availability is equally crucial, as it determines the ability of the developer to secure the necessary funds to carry out the project. Without adequate financing, even the most promising projects may stall or fail to materialize. Lenders typically assess the market demand before providing financing, ensuring that the project has a solid chance of success.

Other factors like location, zoning regulations, environmental considerations, and community amenities also play significant roles, but the combination of market demand and financing creates the foundational basis for determining whether a subdivision project will proceed successfully or not. The other options do not consider these essential economic factors that dictate a project's feasibility.