My sister lives in a bungalow which is worth £180.000,I am trying to get her a quote for buildings insurance and one of the question is how much would it cost to rebuild the bungalow if destroyed,Can anybody give me an idea on a figure please?
2007-10-03 20:53:42 · 3 answers · asked by Solo Man 2 in Home & Garden ➔ Maintenance & Repairs
it might be worth £180000 but that tells us nothing ..give a description of the bungalow ..how many bedrooms etc ..brick or render ..detached....ballpark figure £90000.max
2007-10-03 22:10:36 · answer #1 · answered by boy boy 7 · 0⤊ 0⤋
I would insure for at least the current market value for total rebuilding costs could well exceed that figure, also the way property prices are increasing a more realistic figure would more likely be £200,000.
2007-10-04 04:31:30 · answer #2 · answered by SAPPER 5 · 0⤊ 0⤋
first get the area of the building in square feet. building costs in the UK vary between £80 -£120 per square foot. This is dependent on finish. £100 per sqf would be a good average.
2007-10-04 06:50:19 · answer #3 · answered by Max Power says relax 7 · 0⤊ 0⤋