Replacement Cost for Insurance

Accurate Replacement Cost New (RCN) values built from real construction data. For homeowners, agents, and underwriters.

What Is Replacement Cost New?

Replacement Cost New (RCN) is the estimated cost to rebuild a home from the ground up using like-kind materials and current labor rates. It represents what a general contractor would charge to reconstruct the entire structure as it exists today.

RCN is not market value. A home's market value includes land, location desirability, and supply-demand dynamics. RCN is purely about construction cost — the number that matters for Coverage A on a homeowner's policy.

ReCost Home Specifications step

Professional Reports You Can Share

Download detailed PDF reports with full cost breakdowns, property specifications, and data source documentation

Report page showing home specification sources with data provenance badges
Report page showing itemized construction cost line items with labor and material breakdown
RCN Report cover page showing replacement cost estimate with property photos

Every Detail, Documented

  • 1Cover & Summary — Property details, RCN estimate, property photos, and data completeness score
  • 2Line-Item Detail — Every construction scope with quantities, material costs, and labor costs
  • 3Data Sources — Every spec traced to its source: known, public records, or inferred
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How ReCost™ Helps

  • Right-size Coverage A based on actual rebuild costs, not rules of thumb
  • Reflect current construction costs — labor and material rates updated regularly
  • Reduce underinsurance risk with component-level cost detail
  • Provide transparent, explainable results for policyholders and underwriters
  • Account for local market conditions by zip code

What's Included — and What's Not

Included in RCN

  • Structure and framing
  • Roofing, siding, and exterior finishes
  • Mechanical, electrical, and plumbing systems
  • Interior finishes — flooring, cabinets, fixtures
  • Site preparation and foundation
  • Typical planning and permitting costs
  • General contractor overhead and profit

Not Included

  • Land value
  • Market value or resale pricing
  • Personal property or contents
  • Landscaping beyond basic site work
  • Guaranteed contractor bids
  • Policy recommendations

Get Accurate Replacement Cost Data

Calculate RCN for any residential property in minutes.

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