Property
Built-Asset Cost Advice for Existing Properties.
ATR prepares replacement and reinstatement cost assessments, due-diligence cost advice and other built-asset assessments for owners, managers and stakeholders.
Service Overview
Property & Replacement Cost
Existing properties raise different cost questions from new construction. The required assessment may relate to rebuilding after loss, capital planning, due diligence or understanding the likely cost of identified works. The scope is defined around the purpose of the report.
When Replacement-Cost Advice Is Required
- An insurance or ownership decision requires an updated replacement / reinstatement cost.
- A property acquisition or due-diligence exercise needs construction-cost input.
- Future capital expenditure or asset works need high-level budgeting.
- Existing building information is incomplete and the likely construction cost needs to be estimated.
Asset Information We Consider
- Building size, use, form and construction type
- Available drawings, records and inspection information
- Current construction rates and relevant location factors
- Demolition, professional fees, escalation and other allowances where appropriate to purpose
- Known upgrade, repair or capital works requirements where included in scope
What the Assessment Provides
- Replacement / reinstatement cost assessment
- Built-asset cost estimate or due-diligence advice
- Clear basis, assumptions and exclusions
- Relevant allowances appropriate to the stated purpose of the report
Discuss This Service
Discuss a Property Assessment
Send ATR the project stage and information currently available. We can confirm the scope and information needed for a useful first discussion.