Home Building Insurance Calculator

How to Estimate the Value of Your Home

Simply enter the Estimated Value for each applicable item below, then click the 'Calculate Total' button to obtain an estimate of the replacement value of your home.. 

This calculator should be used as a guide only in calculating the amount of insurance that you will require. For a more detailed analysis we recommend that you consult a qualified financial adviser.

Choosing a Replacement Value for Your Home
Step 1 Take the outside measurements of your home (in metres) and multiply the width and length to get the area. Don't forget to add on the area of upper floors and basements. (1 square = 9.29 sq mtrs)			sq mtrs:
Step 2 Select your state.			NSW VIC QLD SA WA TAS NT ACT
Step 3 Select your area.			Capital City Rest of state
Step 4 Select the main construction material of your home.			Double brick Brick Veneer Stone or concrete Fibre cement Timber Steel/aluminium
Step 5 Add the estimated replacement value of any improvements.			$
Step 6 Allow for additional reconstruction costs involved (e.g. - architects and engineers fees, and location or site difficulties). The "Calculate Additional Costs" button below will make an allowance based on 20% of the calculated replacement value of your home. If you require clarification or assistance you should consult a qualified financial adviser, builder or architect.			$
Total Home Sum Insured			$
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Things you should note:

• The above calculation is based on approximate building costs per square metre for a home with a high standard of finish (with no airconditioning). These costs are obtained from a leading authority in the construction industry and are an indication of estimated construction costs.

• As building costs vary widely according to location, construction methods, materials and standards of finish, you may wish to consult an architect or builder as to specific costs before proceeding.

• Do not include the value of land in your calculation.

• Neither the proprietors of financialservicesonline.com.au or their related entities accept any responsibility for the accuracy of this guide. For an accurate estimate your local builder or architect should be consulted.