The replacement cost of your home and contents may vary depending on the home's design, features, fixtures and fittings. By answering a few quick questions, this guide is designed to help you calculate the replacement costs of your Home Building. If you are unsure, we recommend that you obtain a professional valuation by contacting a builder or expert.
Important information about how this guide works
The program for calculating the estimated replacement costs of your home building is provided by Reed Business Information Pty Ltd (ABN 80 132 719 861) trading as Cordell Information "Cordell". The building calculator uses typical building replacement costs identified by Cordell from its industry research. Cordell authorises use of the building calculator on the basis that whilst every care is taken to ensure the accuracy of the information as a guide for costing, no responsibility is accepted by Cordell for its accuracy. Cordell's research indicates that in 90% of cases the building estimate delivers an accuracy of +/- 7.50%. AMP takes no responsibility for the accuracy of any information in, or results derived from, Cordell's building calculator.
This guide provides estimates only, based on data about industry averages. The value of your home building will vary depending on your circumstances. This guide does not provide a definitive replacement cost of any home building. For a professional replacement cost estimate you will need to contact a Quantity Surveyor, Valuer or other suitably qualified professional. All building replacement costs include an allowance for GST.
This guide is only a valuation tool and is not intended to be relied on for the purpose of making a decision in relation to an insurance product. You should consider obtaining advice from your insurance adviser before making a decision about home and contents insurance.
The information and material contained in this guide is provided solely for bona fide personal or commercial customers only. By accessing, viewing or otherwise using this guide, you agree to abide by these terms and conditions of use.
You agree not to use, reproduce, adapt, compile, distribute or transmit in any form by any process any information, data, link or material contained in this guide for commercial purposes including, but not limited to: market research, pricing estimates or ‘shadow shopping’; without the written consent of AMP.
You might like to look at some of our tips to ensure that you are taking advantage of the discounts that may be available to you, or to ensure that you have the right cover. You should also consider whether you need a professional valuation by contacting an architect, builder or other valuation experts.
If you wish to make changes to your existing AMP policies or seek advice or quote in relation to the AMP policies available, please contact your AMP Adviser. If you do not have an AMP Adviser click here.