Property owners often focus on the market value of their assets, but there’s another crucial aspect that deserves attention—the property reinstatement value. Property reinstatement value is not based on the perceived value of the asset but on the estimated cost required to restore or rebuild a property to its original condition after damage or destruction.
Our articles below discuss the importance of having the value of your home or business professionally assessed, the factors that contribute to the rebuild cost of your property, and what is involved in property loss valuation assessment.
A high net worth home rebuild cost assessment exists to catch what standard calculators miss: bespoke materials, architect-led design and specialist craftsmanship that break every per-square-metre average. Skip it and
A commercial property insured for €3 million against a true reinstatement cost of €4 million doesn’t just carry risk on the fire that destroys the whole building. It carries the
Rebuild cost vs market value in Ireland is not a matter of two figures pointing at the same thing from different angles. They measure entirely different things, only one belongs
Whether VAT should be included in your rebuild cost assessment depends on your property type and your VAT status. For most commercial property owners in Ireland, it needs to be
A desktop rebuild cost assessment is a professional valuation of what it would cost to rebuild your property, produced remotely by a Chartered Surveyor-led team using planning records, mapping data
Most commercial property owners in Ireland are insuring their buildings for the wrong amount. Not by a small margin. A commercial building insurance valuation is the process that establishes the
To calculate your buildings sum insured, you need the full reinstatement cost of your property: the total expense of demolishing what remains after a loss, clearing the site, and rebuilding
Three years is the key RICS review point , but it should not be treated as a reason to leave your sum insured untouched in the meantime. RICS guidance advises
Climate change is no longer a distant threat—it’s a present-day force altering weather patterns, increasing flooding, and driving up costs across sectors. One of the most deeply impacted industries is
Table of Contents What Is Underinsurance? How Does Underinsurance Happen? What Is the Average Clause? What Are the Real Risks? How Much Does It Cost to Rebuild? Why Do Homeowners