Professional Construction Replacement Cost & Damage Claim Assessment Consultants
As Professional Quantity Surveyors, we minimise the risk in construction cost valuations, and provide our Clients with accurate real time cost valuations and damage reinstatement claim assessments.
What We Do
- Replacement Cost Valuations (Value at Risk) for insurance of your specific property
- Assessments of Reinstatement Costs of damages to your property for insurance claims
- Thorough Field Surveys & Site Investigations
- Employ measurement and Elemental Cost Estimating as our standard, based on market rates of plant, labour, materials and services
- Apply cost estimating standards recommended by the Built Environment Professional bodies
What We Don’t Do
- Replacement Cost Valuations and Damage Claim Replacement Cost Assessments based on square metre building cost rates
- Valuations and Damage Claim Assessments measurements based on satellite imagery
- Replacement Cost Valuations (Value at Risk) based on comparative Market Valuations
- Replacement Cost Valuations (Value at Risk) based on Investment or Income Capitalisation Valuations
Your Value at Risk
“As Quantity Surveyors, we understand the quantum of elements, the cost make-up of each element and nuances of each buildings DNA – its shape, its height, its facades, its location and its innards, which cannot be captured in simple square metre building cost rate calculations.”
A common mistake by Stakeholders in the Property Industry is to use Market Value, Intrinsic Value, Income Capitalisation Value and Replacement Value interchangeably. However, these values are not the same and vary significantly, and it is essential for Property Owners to ensure their property is insured for the correct Value at Risk.
Property owners suffered unprecedented property investment erosion and financial losses over the past decade, by underestimating and under-insuring the true Value at Risk of their treasured properties. Property to the value of R 100 billion, was either damaged or destroyed by wildfires, storms, floods and socio-political events across South Africa. The net result being shortfalls in damage claim payouts due to under-insurance of the true replacement cost of properties.
Storms
Storms
March 2023 – EC, KZN, Mpumalanga, NW and NC.
Severe storms caused widespread destruction.
Thousands of houses were damaged.
Floods
Floods
April 2022 – Durban, and June 2025 – Eastern Cape
Major flooding caused widespread damage.
Thousands of houses were affected across both regions.
Riots
Riots
July 2021 – Gauteng and KwaZulu-Natal
Political unrest damaged commercial & industrial property.
Losses were estimated at R20 billion to R50 billion.
Fires
Fires
June 2017 – Knysna, and November 2018 – Garden Route
Wildfires destroyed homes, vegetation, and structures.
Thousands of structures were damaged across regions.
Much of these losses were avoidable!
Engaging Professional Construction Cost Consultants is essential to manage your property Value at Risk.
We are your Partners in Cost Valuation
Service Offering
Residential, commercial and industrial property cost valuations for insurance, funding, loans and bonds, sectional title and share block insurance.
Independent Construction Cost Consultants
We are non-aligned and independent construction cost consultants and Quantity Surveyors with over 120 years of collective experience across Gauteng, KZN and Western Cape. We serve stakeholders across the spectrum of the Property Industry.