Reconstruction Cost Analysis
Read the latest reports
Download the reports for an indication of how 360Value® replacement cost estimates may change at the national and state levels for the current quarter. The report also details changes in costs of common materials and labor trades used in property reconstruction.
United States
United States
Total reconstruction costs, including materials and retail labor, increased 5.1% from October 2022 to October 2023. This uptick follows the 4.3% increase from July 2022 to July 2023. Quarterly reconstruction costs increased by 1.7%, a slight shift from the 1.0% increase last quarter.
As a leader in replacement cost estimation for more than 20 years, Verisk recommends five strategies to help avoid outdated valuations that could leave insurers and their customers vulnerable in the event of a total loss.
Get reliable replacement cost estimates for every property in your book of business
Verisk acquires Opta, Canada’s leading provider of property intelligence and technology solutions
We’re pleased to announce that Opta Information Intelligence is now a part of the Verisk family! Learn more about how we’re helping to reshape property risk management solutions with valuable services and business intelligence.
Archived reports
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Amid record-breaking increases in reconstruction costs and growing inflationary pressures, 360Value can deliver a review of your book of business.