Hippo uses a variety of resources to decide the construction costs needed to replace/rebuild your home. It’s important to note that you’ll see a difference between your home’s value (which is based on the estimated resale price) and the replace value. For example, if you sold your home and a buyer paid $250,000 that would be considered your home value. With construction costs, that figure would most likely be much higher if your home needed to be rebuilt from the ground up.