Reinstatement Cost Assessment - Fire Insurance Valuations – my warehouse has burnt down!
the short answer
We provide this service either as a separate activity or as part of a building survey. The work involves measuring the buildings, including outbuildings, grounds and boundaries, car parks and service areas, and calculating the cost of reconstruction in the event of a fire.
The calculation includes a number of hidden costs such as demolition and site clearance, consultants’ fees for redesign, VAT where it’s applicable, and is carried out in accordance with RICS Guidance Notes, and for more complex buildings from bespoke calculation.