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Rebuilding Cost of Home????

Hi people,

Bought a house two yrs ago for 110,000. Stated Rebuilding Cost then 80,000.  

It is now worth circa 150,000 so what should i pitch the rebuilding cost at for home insurance quotation?

Any replies appreciated.

Martyn
Val :)

Comments

  • lisyloo
    lisyloo Posts: 30,113 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As stated on the other thread - the value is not related to the building cost.

    Your easiest option is to increase the figure from 2 years ago a bit to cater for inflation or you could ask an insurer as to roughly how much rebuilding costs have gone up in two years.
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