Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

    i240 Dan
    Reinstatement Cost
    • #1
    • 30th Jan 09, 5:05 PM
    Reinstatement Cost 30th Jan 09 at 5:05 PM
    I am in the process of buying a house and have a quiry with the reinstatment cost for the property estimated in the Valuation Report.

    We are purchasing the property for 155,000.

    It is a 3 bed, stone, slate roofed, end terrace with a brick built garage.

    The valuation states:

    Calsulated using BCIS Guide to house rebuilding costs.

    Main Building 230,000
    Garage 20,000

    Thats a rebuild cost of 250,000 for a house worth 155,000.

    Is this correct and is there any way I can check for myself. I cannot understand why it would cost so much to reinstate.

    I can only think that the Main Building cost should be 130, not 230. Even then 150,000 would still be nearly the full value of the property.


Page 1
Welcome to our new Forum!

Our aim's to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,061Posts Today

7,723Users online

Martin's Twitter
  • Thanks to @CBBC_Hacker for sending us our own Hacker, baby MSE is smitten. Altight cocker.

  • RT @MoneySavingExp: Hi folks - the site will be down from 10pm tonight until 8am tomorrow while we re-charge the batteries with some behind?

  • Uk dominating world long jump.Who'd have thought it. Kathy Cook's British 200m record about to go I think. #Beijing2015

  • Follow Martin