Appraisal report

We will supply our client with a complete and thorough report including:

• A statement regarding the purpose of the report and the intentions of the user
• A statement of the objectives and methodology of the appraisal and selected approach.
• A complete list of the appraised equipment or infrastructure and its location
• A clear description of each asset, listing all significant characteristics such as size, capacity, accessories, modifications, etc.
• A value for each item

 Types of values

Several different types of values exist for determing the worth of equipment:

• Fair Market value, estimated most probable price between a willing buyer and a seller.
• Market Value – In Place, estimated most probable price between a willing buyer and a seller for an object as installed for intended utilization
• Forced Liquidation Value, estimated value under a public auction sale
• Orderly Liquidation Value, estimated value realised in a privatly negotiated sale

New replacement value, estimated value of a new item of similar quality and specifications