reconstructieprijs
Reconstructieprijs is a term used in Dutch real estate and insurance practice to denote the estimated cost to reconstruct or rebuild a property from the ground up, using current construction prices and standards. It represents the amount required to restore the object to its original condition, excluding the value of the land. The concept is commonly applied in homeowners’ insurance, disaster risk assessment, and property valuations, where the goal is to ensure funds are available to rebuild after a total loss.
Reconstructieprijs is calculated by evaluating construction components such as materials, labor, contractor overhead, professional fees (architects,
It differs from market value or replacement value, which may include land and depreciation, and from the
Limitations include that it is an estimate and may not reflect land or site-specific factors, special architectural