Bare land or common elements insurance appraisal reports look at all the common property improvements and elements of the residential development. Structures within the condo lots are typically not included as part of the replacement cost report, but may be requested.  This common elements property consists of 162 lots, a pool house, outdoor swimming pool, outdoor hot tub, fire pit, street lights, signs, mechanical rooms, common washrooms, and common property improvements.  

It is important to investigate all of the potential inclusions by carefully reviewing the condo bylaws and checking with the condo board. Most of the valuation is made up of hard and soft landscaping and underground site services. What can be challenging is determining all of the underground services, such as plumbing and electrical, and which elements are common versus which are the responsibility of the homeowners. Items that typically require review are fencing, gates, retaining walls, roadways, lighting, sewage, etc.