🧮 Property Insurance Tool
Cost Approach ENRC Calculator
Estimate new replacement cost (ENRC) for property insurance purposes. Build up building, parking and external works costs, then see the Day-1 insurance amount and Day-365 escalated replacement cost update live. Enter all rates in your own local currency — results display as plain numbers without a currency symbol.
⚠️ Disclaimer: This calculator is provided by Valuation Discussion Hour for EDUCATIONAL PURPOSES ONLY. It does not constitute a professional valuation, insurance assessment, or replacement cost certificate. All rates, percentages, and assumptions must be independently verified against current market data and a recognised cost guide. Always obtain appropriate professional advice from a SACPVP-registered valuer or quantity surveyor before relying on any output for insurance, financial, or legal purposes.
Results
Total Replacement Cost
0
Insurance Amount (Day 1, incl. VAT, rounded)
0
Est. Replacement Cost at Day 365
0
🏢 Building Cost Schedule
GBA is calculated automatically as GLA × 1.05 (5% allowance for internal walls/circulation).
Description
GLA (m²)
Rate (per m²)
🅿️ Parking
Description
Bays
Rate (per bay)
🚧 External Works & Services
Description
Qty / units
Rate (per unit)
💰 Estimated Replacement Cost — Day 1 (as at effective date)
📈 Estimated Replacement Cost — Day 365 (for information & guidance)
Escalation & inflation build-up, plus additional fees, applied to the Day-1 base cost.
Note: the contract-period formula assumes ~85% of contract value is exposed to price adjustment, averaging ~60% exposure over the build programme — a standard JBCC-style assumption.