Strata Insurance Appraisals in BC

A replacement-cost appraisal tells the insurer what it would cost to rebuild, including demolition and bylaw requirements.

NLD Consulting does Insurance Valuations

Need an insurance appraisal?

Trusted Experts In Replacement Cost Insurance Appraisal

Our team of qualified and designated appraisers have extensive experience in the valuation of property for purposes of insurance valuation (replacement cost new). As insurance valuations require an understanding of not only construction costs but also building demolition costs and bylaw requirements, it is important to know your consultant is familiar with completing these specialized types of reports. If you require an appraisal for insurance/replacement cost purposes, feel free to contact our offices for a no obligation quote.

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Questions about insurance appraisals

What is being valued?

Replacement cost new: what it would cost to rebuild the property, including demolition costs and bylaw requirements, not a market sale price.

Who prepares it?

ClarityRS appraisers are designated members of the Appraisal Institute of Canada. The reports follow CUSPAP.

Do you update it every year?

Yes. Annual desk updates are available in years 2 and 3 after the full appraisal, so the insured value does not sit unchanged while construction costs move.

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