The most appropriate way to estimate the replacement cost of your home is to hire a building contractor or other building reconstruction professional to produce a detailed replacement cost estimate. Or your State Farm® agent can help you by utilizing an estimating tool from Xactware Solutions — to assist you with an estimate. Only the estimated replacement cost of the property's structure and its associated systems, fixtures and finishes will be included in the estimate; land value is included in a home's market value but should not be included in the amount of insurance you buy. Remember though, the ultimate decision on how much to ensure your home for is yours.