Sydney Insurance Valuation
Clients require our insurance valuation Sydney services in many different circumstances, whether for personal or formal use. One of these is for strata building replacement costs insurance valuation. A strata building replacement cost valuation determines the cost of demolishing and rebuilding the unit or building, in an instance where a disaster has dramatically affected the property or building.
Strata building valuations are imperative in ensuring that the building is adequately covered by the building insurance for the cost of replacement and rebuilding.
An independent certified strata building replacement valuer is needed to conduct an investigation to determine the value. This comprises of analysing over 200 internal and external variables, coupled with an examination of the local property market to determine an accurate value.
The valuer will examine factors including:
- Any costs to remove debris
- Costs for demolition
- Fees associated with redesigning the building
- Cost of labour and materials
- Construction works
- Government fees, including taxes
- Cost of replacing building and common areas
These details will feature in the final report as well as the breakdown of each cost involved with the building replacement. It is mandatory for all strata buildings to have building insurance that covers the cost of the building replacement.
Insurance Valuation Sydney
Here at Sydney Property Valuers Metro, we have specialised valuers in strata building replacement costs valuations, delivering our clients with detailed, clear and concise valuation reports. With over 20 years’ experience in the property valuation industry, we are able to guarantee a comprehensive valuation with premium customer service. Our finalised valuation reports are legal documents which meet the criteria of government legislation.
It is important to talk to experts in this field and at Sydney Property Valuers Metro, we have a specific team to assist in all things relating to Strata Building Replacement Cost Assessment property valuations. Whether it is for meeting statutory requirements of the Strata Titles Act, or for any other purpose, we are always at your service.
If you require a strata building replacement costs valuation, or would like to find out more information on how we can assist you, contact our team of experts on (02) 8599 9840, and we will be happy to assist. Alternatively, complete one of our online enquiry forms and a member of the team will get back to you at our earliest convenience.