Insurance Valuations
Sydneyside Valuations are property experts in Sydney. With over 30 years experience working in the property sector in Sydney, we have the skills and resources to service a broad range of professional clients with property interests. We work with International and local professionals and advisors including lawyers, accountants and passive and active investors, to facilitate and resolve market value and rental property disagreements and disputes.
Replacement Cost Assessment
The purpose of an insurance valuation (also commonly known as a replacement cost assessment) is to provide an opinion of the value of re-construction costs in the event of total or partial property damage.
Replacement cost refers to the amount it would take to rebuild a property in the event of complete destruction such as a fire.
A valuation for building insurance is recommended every few years to avoid the risk of under-insuring the building. It is important that a registered Valuer inspects the property to ensure that insurance coverage is up to date in accordance with any market changes in building costs.
SydneySide valuations have undertaken various insurance assessments from residences, various strata buildings and special classes of property such as golf clubs; we are able to take on the most complex of insurance valuations.
Insurance Valuation Experts
SydneySide valuations have undertaken various insurance assessments from residences, various strata buildings and special classes of property such as golf clubs. We are able to take on the most complex of insurance valuations.