Understanding Property Insurance Replacement Value vs Market Value Property Insurance Replacement Value – Most property owners assume that if their home is worth R2 million, that’s what they should insure it for. Unfortunately, that’s not how insurance works. There’s a…
How Often Should You Update Your Insurance Replacement Valuation? How Often Should You Update Your Insurance Valuation? Many South African property owners take out building insurance once — and then forget about it. Years later, they assume they’re still covered……
Why Your Insurance Might Not Cover the Full Cost to Rebuild Your Property Property Underinsured? Many property owners believe they’re fully insured — until disaster strikes. Only then do they realise their policy doesn’t cover the full cost of rebuilding.…
How to Calculate the Correct Property Insurance for Your Property Calculate the Correct Property Insurance Amount – Choosing the right sum insured for your property isn’t as simple as guessing or using your last sale price. In South Africa, getting it wrong…
What’s the Difference Between Market and Insurance Value? The Difference Between Market and Insurance Value – Many property owners confuse market value with insurance value. They sound similar — but they serve very different purposes. Using the wrong one when arranging insurance can…
Does My Insurance Cover Full Rebuild Cost? If your house burned down tomorrow, would your insurance cover the full cost to rebuild it — or would you be left with a major shortfall? Many South African property owners are surprised…
What a Registered Valuer Looks for When Assessing Farm Valuation Key Factors That Affect Value Factors That Affect Farm Value, valuing farmland involves far more than measuring hectares and comparing recent sales. Each agricultural property is unique — from its…
Agricultural Property Valuation in George – a complex challenge for Valuers Why Agricultural Property Valuation In George is More Complex Than You Think If you’ve ever tried to put a price on a farm, you’ll know it’s not as simple…
How to Value Property in a Deceased Estate (Master’s Office Requirements) Valuation for Deceased Estates – When someone passes away, their assets must be valued and accounted for — especially immovable property. As an executor, fiduciary, or estate administrator, it’s…
How Accountants Use Property Valuations in Tax Planning and Asset Reporting Property is one of the most significant assets in many individuals’ or businesses’ portfolios. For accountants, accurate property valuations are critical in preparing financial statements, tax submissions, and estate…