NBS topic areas

Keep up to date with industry developments

NBS solutions|

Products and services for all construction projects

NBS Scheduler

NBS Scheduler enables you to write schedules of work for refurbishment, alteration and small-scale new-build projects without bills of quantities.

ReadMore on The Construction Information Service

Video: The valuation of individual new-build homes

Valuing a new build property is a challenging process. Not least because you are often asked to value something which is physically incomplete... if it is there at all! In fact it can be so complex that RICS felt compelled to draw together all aspects of the valuation process for new-build property into one reference document – The valuation of individual new-build homes.

The guidance aims to help the valuer approach the valuation of new-builds in a logical and systematic manner. It starts from first principles such as establishing "Who is your client" and "Reviewing the instruction" and includes much which will be familiar to experienced valuers from their knowledge of the Red Book.

In this programme we pick out elements which are new-build specific, as well as some general points considered in the context of a new-build valuation. These are; The Incomplete Building, Special Assumptions, Disclosure of Incentives Form, New Build Premium, and Economic context.