While equipment appraisal generally depends on Sales Comparison approach, researching an opinion of value takes an interesting turn when we appraise out-of-the-ordinary farm and manufacturing equipment. A California ASA explains the challenges and satisfaction of valuing one-of-a-kind, custom-designed & -built, just-for-our-shop/farm/assembly line creations using the Cost Approach.
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What to Expect During an Equipment Appraisal
Equipment appraisals for your business follow certain steps, whether for SBA loans, buying or selling, expansion, insurance coverage, or future strategic growth planning. Be prepared! From initial contact to finished report, this post lets you know what to expect and what to provide when having your equipment and machinery appraised by a qualified USPAP equipment appraiser. Read More
Liquidation Values: Orderly or Forced?
Equipment appraisal values can vary widely, depending on the premise of value used. The difference between Forced Liquidation Value and Orderly Liquidation Value in particular can be wide, especially when speciality equipment or machinery is involved. Learn more with examples and explanations of why this is so. Read More
Valuing Volumetric Mixing Equipment
A quick overview of the history of cement trucks and the process of inspecting them for a qualified equipment appraisal. Read More
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