This sounds like a simple and straightforward concept until you take a look at the term “current prices” as applied to the utility and quality you expect in the replacement. Replacement Cost is an estimate cost to construct, at current prices, a building with utility equivalent to the building being appraised, using modern materials and current standards, design and layout. Fort Lauderdale Public Adjusters works for your company and not the insurance company to provide Replacement Cost Analysis on all types of large complex commercial buildings and residential subdivisions.