Insurance Valuations

Accurate reinstatement cost assessments minimise annual insurance premiums while maintaining adequate funds to replace the building.

QS solutions identify the following components forming part of the reinstatement cost assessment.

The cost to demolish and secure the site following catastrophe
The building replacement cost using elemental & comparative techniques. We do not use less accurate square metre rates.
The relevant professional fees
Cost escalation anticipated for the first and subsequent years
The demolition, re-documentation and permit application period
The rebuild time frame
The reinstatement cost on the first and last day of the insurance period
A description of the building, it construction techniques and installed fire services

QS Solutions are reinstatement cost estimate specialists. Our qualified construction cost consultants.

Are directly employed with over twenty years experience in preparing all types of reinstatement assessments
Are involved from the initial inquiry through to the presentation of the final report
Liaise with the appropriate parties to establish insurance requirements
Research all available documentation to complement our service
Visit each property to establish construction materials and methods, building areas, drawing accuracy and the extent of any additional work impacting reinstatement costs
Thoroughly inspects and prepare a photographic archive of the buildings inherent characteristics, its plant and external elements while preparing the replacement estimate

A few sample projects are provided below.

Residential Elizabeth Bay Road, Elizabeth Bay NSW High rise residential strata development.
Industrial / Warehouse Eastern Valley Way, Chatswood NSW Two storey warehouse development with mezzanine offices.
Suburban Residential Darling Point Road, Darling Point Suburban residential building.