Darwin Building Replacement Cost Valuation

Strata buildings need to be insured for replacement costs. This type of insurance protects you from any out-of-pocket cost should anything happen to your building. As the name suggests this type of insurance is for the full value of the building should it be damaged in such a way that it needs to be knocked down and completely rebuilt.

In order to get this insurance a full and independent building replacement cost valuation Darwin needs to be done on the subject property. This building replacement cost valuation will consider the value of the entire building including shared spaces like walkways and greenery as well as each apartment or dwelling. Once this valuation is completed an insurance group will then work out the proper insurance amount and plan for your building.

The team at Darwin Property Valuers Metro are the territory’s resident experts in insurance valuations for strata buildings. Our expert senior valuers are able to perform a valuation that takes in all the necessary information on your property as well as properties like it to ensure that you get the right value.

Building Replacement Cost Valuation Darwin

Each of our expert valuers has earned accreditation as a Certified Practising Valuer (CPV) through the Australian Property Institute (API) and also holds AVI or RICS qualifications. Achieving these credentials requires a specialised educational background, a two-year traineeship, and a demonstrated commitment to delivering valuations with the highest standards of professionalism, detail, and ethical conduct. With more than 20 years of industry experience, they continuously uphold these principles to ensure accurate, reliable valuation services.

Above this certification each of our valuers have over 20 years of experience working in the field. Over these years our valuers have been able to build up an unrivalled level of experience and valuation know how that they are able to put to use for your valuation. The valuation report that they produce is both thorough and transparent. All relevant details are included and the report itself is specially formatted for strata insurance purposes.

As the recent ACC investigation into NT’s insurance rates has shown, residents of the Top End are paying far more in insurance then other Australians. You need to be sure that you aren’t paying more than you should be in insurance and the best way to do that is by having an independent property valuation report.

As independent valuers we do not work for any insurance group or agency but rather we work for you. At the end of the day, it is your interest that we have at the forefront of our minds. With a valuation from us you are in a much better position to have your building insured for the right amount.

If you need a valuation for strata insurance please reach out to us today by calling (08) 8967 1683 or by filling out the Contact Us form at the bottom of this page.