PROPERTY VALUATION
It is critical for building, replacement and reconstruction values to have a reasonable degree of accuracy. Many organizations underestimate the costs to rebuild such assets. This is a common, and generally honest, mistake.
Is your building valuation up to date?
Unintentionally understated values have resulted in protracted claim settlements and/or significantly reduced settlements. Overstated values translate into higher insurance premium costs. Adequately stated values are also necessary to analyze a facility’s Maximum Foreseeable Loss (MFL) and Normal Loss Expectancy (NLE), two concepts widely used in risk management and insurance underwriting applications. The DART Group can develop these following a Risk Evaluation Survey.
We can survey your single building or building portfolio to estimate reconstruction costs based on a building’s characteristics. We consider the building’s construction features, mechanical systems, surface area, occupancy and professional fees, amongst others.
Our building valuation reports are based on building cost data methodology using a trusted analytics platform which provides the most current and accurate building cost data available.
- Property Managers, Risk Managers, Controllers and/or Chief Financial Officers
- Financial Institutions
- Underwriters
- Brokers
© 2018 The DART Group Inc. All rights reserved