The Cost to Rebuild your House

4/27/2020 (Permalink)

Rebuilding your House

Determining your home's estimated replacement cost is important because in the event of a loss the replacement cost will ultimately determine how much coverage your policy will provide. Since it is impossible to predict today what the exact cost will be to replace your home in the future, it's important to have enough coverage to account for unforeseen circumstances.

1. Ask if a replacement cost estimate is available when you have your home appraised.

2 Consult with your local builder association or a reputable builder for an estimate.

Market conditions in your area may impact the amount it will cost to rebuild your home if you experience a loss. Replacement cost estimates are influenced by factors such as supply of labor, the cost of labor, and the cost of construction materials.

Should you experience a fire, water, or mold loss, you can count on SERVPRO of Atascadero to help. Our goal is to help you regain control and make your damage "Like it never even happened."