July 26, 2018

What is a Property Replacement Insurance Valuation?

A property replacement insurance valuation is a comprehensive report that accurately details the replacement value your property so you can rest easy knowing you are adequately insured.

When you have your property valued by an experienced Quantity Surveyor, they will make provisions for the 'hidden' costs of replacing the building such as; demolition works, professional fees and associated escalation costs. 

Our team are experts in estimating construction costs for all building types, along with forecasting the estimated time frame associated with redesign and construction. 

What is included in the comprehensive report? 

Property description 

Basis of how the replacement insurance valuation was calculated 

Estimated Insurance Value

Project Period

FECA - Fully Enclosed Covered Areas

UCA - Unenclosed Covered Areas

GFA - Gross Floor Area

Cost Escalation

Inclusions

Exclusions

Reinstatement Costs Estimate

For a further breakdown on the items listed, please jump over to our website.

Sounds great, how much will this report cost? 

As each property valuation varies in size Rawlinsons (W.A.) custom quotes each work request. Please contact our office for an obligation free quote on 08 9424 5800 or [email protected].

Written by
Kirsty Maxted for Rawlinsons