In this study, a methodology for quantifying the historical value of the Cathedral of Christ the King, in the municipality of Huejutla de Reyes, Hidalgo, Mexico, was developed through application of historic building information modeling (HBIM) and conventional valuation methods. Despite many studies having been undertaken around the world, there remains a gap in that elucidating and unifying the relationship between HBIM and valuation is still difficult. The methodology developed in this study combined and used information captured via a Leica ScanStation C10 laser scanner, a drone, and a 360° camera. Various software programs were then used to combine the images with the scan data. HBIM facilitated automatic and accurate quantification of the amount of materials used to build the cathedral. A significant finding was that the use of HBIM enables a valuation to be obtained immediately. While the results must be regarded as being exploratory, they provide interesting insights into the synergy between HBIM and historical valuation. Another critical point is that this is, to the best of our knowledge, the first study to link HBIM with a valuation.