by ghoren » Sun Apr 01, 2018 1:56 pm
As I understand it, the analysis of a site comes during programming. The four areas of concern for programming are form, function, economy and time. Land value would fall into the full analysis of the economy of a project.
The value or cost of land would also be factored into the equation of the project budget. It does not say the client owns the land. They may come to you and say, I want a home for $1,000,000 all in but if the land cost $750,000 dollars, it would likely prove to be infeasible to complete the project at the $1,000,000 project budget the client has determined.
Hopefully that helps. Coach may have more input to further clarify.