Building Reinstatement Cost Assessment

If you’re looking to ensure that you are adequately covered by your building insurance in the event of a loss, then our building reinstatement cost assessment is the perfect choice for you.

What is a Building Reinstatement Cost Assessment?

A building reinstatement cost assessment (BRCA) will give you an accurate, comprehensive overview of what it would cost to demolish and rebuild the property, and any other features, to ensure that the insurance would cover you in the event of this happening.

One of our professional chartered surveyors will conduct a thorough survey, looking at elements such as:

The foundations of the property

The cost of any party/ adjoining walls or structures

The cost of demolition 

The cost of removal of debris 

The cost of professional labour and materials 

They will also look at any peripheral features that will be covered by the insurance such as fences, gates, garages or in some cases pools. 

At Fourth Wall, we work with you and your property to ensure that you’re insured at the right level of protection – giving you complete peace of mind. A building reinstatement cost assessment survey is a great way to ensure that your property can be insured on an agreed value rather than on market value so that you can be sure that you and your property are fully protected should the worst happen.

Giving your insurers a rebuild figure for your property is not as simple as it may initially sound. If you’re underinsured, you could face a significant shortfall in funds to cover costs in the event of a claim, and if you’re over insured you’ll likely be spending a lot more than needed on insurance premiums. The former is becoming more prevalent in the current market, which has seen significant rises in materials and labour costs, leaving many proper owners at risk.

What Does a Building Reinstatement Cost Assessment Include?

An inspection of the property looking at elements such as the foundation of the property and any party/ adjoining walls or structures.

A comprehensive, jargon-free report of what it would cost to demolish and rebuild the property in the event of a loss taking into account demolition cost, debris removal and the cost of labour and materials.

Honest advice on whether your insurance would accurately cover these costs and our professional opinion on the next step you should take.

Professional advice whenever you need it, from a team of experienced professionals within the industry who care about you and your property.

Why Choose Fourth Wall?

At Fourth Wall, we’re committed to providing a simple, jargon-free approach for our customers so you can understand your properties and how to best approach the problems you may be having. We focus on providing quality advice using our years of experience in both commercial and domestic projects to help tailor our skills to provide the best outcome for you and your property.

Our team of experts understand that every property is unique and holds a special value so we work closely with you to ensure that you are getting your desired outcome. To start working with us today, book a free no-obligation consultation with one of our knowledgeable chartered surveyors.

Building Reinstatement Cost Assessment Survey FAQs

Browse some of the common questions that our team are asked when it comes to choosing the survey that’s right for you.

How Often Should a Reinstatement Cost Assessment be Carried Out?

A reinstatement valuation is required when you are applying for building insurance as it can help determine the amount of money your property can be insured in the case of a total loss. We also recommend having an assessment carried out annually every three years to keep up with the changing value of the property.

Is Reinstatement Cost Higher Than Market Value?

Typically yes the reinstatement cost will be higher than the market value of the property. This is because in most cases it will cost more to rebuild the property a second time as there will be additional costs such as debris removal. This is why a building reinstatement cost assessment is so important as it can help ensure that your insurance can be set on an agreed value rather than on the market value.

The first thing your insurer will do when you make a claim is check the building is insured for the correct amount. In the event your property is underinsured, many insurance policies will typically revert to what is often referred to as an “averaging” clause.

This generally means the final payout of any claim will be reduced by the degree to which the property was underinsured.

So, if a building would cost £300,000 to rebuild, but is insured for only £150,000 then the insurer consider the property to be 50% underinsured. This means if you made a claim of £150,000, the insurer would only pay £75,000, 50% of the sum insured.

Should I Renegotiate After a Building Reinstatement Cost Assessment?

If your survey has discovered any major problems that you were not aware of during the initial negotiation then you should definitely renegotiate with your insurance company. It’s important to ensure that you and your property are protected and our chartered surveyors are here to help that happen.

How Much Does a Building Reinstatement Cost Assessment Cost?

There is no set cost for the building reinstatement cost assessment; it is completely dependent on the size and state of the property and any other factors the surveyor may have to take into account. If you are interested in finding out how much an assessment would cost for your property simply get in touch with one of our team for a no-obligation consultation and quote.

What Our Clients Say.

We could tell you how great our team and services are, but that would be too easy. Why not take a look at what some of our previous clients have said?

“Fantastic report with great technical detail. We recently had a building survey conducted on a property by another surveyor and the report provided by Fourth Wall was leagues ahead.”

– Robert Sykes

“High quality, clear and practical: Really useful report, very clear with helpful photographs and budget for repairs. They gave some really helpful extra insight on the phone post survey. Would recommend.”

– Rachel Morrison

“Great service, with a detailed final report for a good price. Everything was completed on time.”

– Thomas Worthington

“A detailed report was provided in a week. It was well presented, clearly laid out and each point colour coded. A pleasure to deal with. I would highly recommend and will definitely use their services again in the future.”

– R.C

“Our survey was as detailed as the sample one, yet it was easy to understand and explained exactly all the issues. I’d definitely use Fourth Wall again, if I needed to.”

– Louie Parkin

Ready to take the next steps?

Book Your Building Reinstatement Cost Assessment

We understand that the idea of your property being destroyed is a deeply worrying thought, so it’s important to ensure that you are completely covered by your insurance to provide you peace of mind. We’ve created a comprehensive survey, which follows all RICS and industry standards, to ensure that you have an expert in your corner to ensure that you are rightfully covered in the event of a loss. To find out more simply fill in the contact form below, or contact us for a free consultation with one of our friendly team members.


Local Knowledge

National Coverage.

We have surveyors based across England in our regional offices. With expert knowledge of their local areas, you know you’re in safe hands.