Building reinstatement valuations in the education sector

With all buildings built to house educational purposes required to obtain independent valuation advice, the building reinstatement valuations process at schools, colleges and universities allow for reinstatement cost appraisals, changes to ownership, loan security and academy status to be carried out in a swift and cost-effective manner - allowing students and teachers to get on with their learning carefree.

Building reinstatement cost assessments are also commonly used in the education sector when a school is either contemplating the acquisition or disposition of an asset, with a building reinstatement valuation calculating the potential cost if the building structure requires a complete rebuild or redevelopment in the event of a fire, flood or other disaster resulting in partial or complete damage.

Having recently worked on Truro and Penwith College in Cornwall, Coleg Cambria in North Wales and Salford City College in Greater Manchester, our building reinstatement valuation work centres around the value of the existing building, commentary surrounding the proposed scheme including development costs and likely value of the facilities upon completion, as well as the valuation and analysis of the educational facility itself.

For more information and to discuss your Building Reinstatement Valuation needs, call us today on 0151 227 3155.