Following a previous environmental and property condition assessment. VERTEX was contracted to evaluate general replacement costs for the various buildings on a Colorado Ranch Property for the purposes of providing information to the Client’s insurer.
Our estimators utilized data from our most recent site visits and Property Condition Assessments (PCAs) to develop individual 2023 replacement cost estimates for 25 separate building structures and over 7 miles of site fencing. The evaluation resulted in a tabulation of critical data for the buildings, including the building footprint area, perimeter, height, framing type, cladding materials and many other specific elements and systems. The site data was organized and evaluated by cost estimating software, removing or adding applicable building and site features, equipment, material types and other in-place assemblies. Costs were vetted by additional sources and adjusted by applying geographic regional factors.
VERTEX’s “per building” report included a detailed and tabulated breakdown of line item costs for various building categories including: site improvements, foundations, slabs, structure, exterior walls, roofing, interiors, HVAC, electrical, plumbing, fire protection and design and contractor fees.
To learn more about VERTEX’s Due Diligence services or to speak with an Environmental Expert, call 888.298.5162 or submit an inquiry.
