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City of Clear Lake·Iowa

Request for Proposals - Housing Market Study

Closes in 4 days$75k – $150kRequest for Proposal
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Description

The City of Clear Lake, Iowa is seeking a qualified consulting firm to produce a comprehensive housing market study that will supply actionable intelligence for developers, builders, investors, lenders, property owners, economic‑development groups, and local decision‑makers. • Conduct a detailed community and economic profile, including demographics, labor‑market dynamics, and emerging development opportunities. • Analyze existing housing inventory, vacancy rates, rent levels, and condition of both owner‑occupied and rental units across all housing categories. • Evaluate market supply vs. demand for each housing type, forecast 5‑, 10‑, and 20‑year unit needs under multiple growth scenarios, and identify development‑ready sites and investment‑grade opportunities. • Deliver a full set of reports – existing conditions, full market study, executive summary, developer market guide – and present findings to the City Council.

Attached files

Contact

Shelley Oltmans(Vice President for Housing and Community Development)

[email protected]

(612) 247-1607

Key dates

Opened
10/26/2026
Closes
11/4/2026
Projected award
11/16/2026
Duration
3 months

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541910

Budget estimate

$75,000 – $150,000

The scope includes extensive data collection, economic and demographic analysis, multiple forecasting scenarios, site suitability assessments, and a series of deliverables (reports and a presentation). For a micropolitan city like Clear Lake, comparable housing market studies typically range from $75,000 to $150,000 depending on firm size, depth of analysis, and level of stakeholder engagement. Therefore, a realistic payment range is estimated in the low‑to‑mid six figures.

AI estimate from the solicitation

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