Augusta Machinery & Equipment Appraisals

Augusta Machinery & Equipment AppraisalsAugusta is located on the fall line of the Savannah River and was established in 1736 by General James Edward Oglethorpe.  The city is named after the princess of Wales at the time, Augusta Saxe Gotha.  The city has been nicknamed the “Garden City of the South” due to the number of large private gardens in the city.  Augusta is the birthplace of James Brown, “The Godfather of Soul,” which inspired the city’s motto We Feel Good, based on Brown’s famous song “I Feel Good.“

Augusta is a short drive away from our office in Charlotte and our appraisers are familiar with the city of Augusta and its businesses.  Our knowledge and experience make us a prime source for appraising machinery and equipment for your Augusta business.  We have appraised equipment in nearly every industry including but not limited to retail stores, restaurants, medical equipment, dental equipment, textile manufacturing, hotels, and machine shops.

Augusta, GA Machinery & Equipment Appraisals – Which Approach is Best for You?

There are three approaches to value we consider when appraising machinery and equipment.  First is the market data approach, which is when the market value estimate is based upon prices being paid in actual and current market listings.  The latest transactions are examined to determine a probable value.  The second approach considered it the cost less depreciation approach.  This is when the current cost of an asset is determined after deducting for functional and economic obsolescence, physical deterioration and depreciation.  It is based on the principle of substitution which asserts that an informed buyer will not pay more for an asset than the cost of an asset that can be replaced with the same function.   The last approach to value considered is the Income approach, which considers the revenue streams in order to determine a present value.  This approach is often difficult to execute since revenue streams for single components cannot be cataloged easily.  However, there are circumstances on occasion where it makes sense to apply the income approach to an equipment appraisal.  You can rely on our certified appraisers to apply the best approach to value to generate the most accurate results for your machinery and equipment appraisal.

Our certified appraisers have received their training from the NEBB Institute, which has the highest standards.  Those pursuing the CMEA designation with the NEBB Institute must complete a training course, pass a written exam, and prepare of a sample appraisal that will be graded by 2 certified appraisers and a peer review committee.  All of our machinery and equipment appraisers are certified and provide professional appraisal services with efficiency and accuracy.  All of our certified appraisals are USPAP compliant and meet the SBA’s SOP Requirements.

Whether your machinery and equipment appraisal needs are in Augusta, Blythe, Hephzibah, Fort Gordon or other communities in close proximity, Turner Business Appraisers is prepared to provide you with excellent customer service, a high quality work product and an accurate, defensible and timely machinery and equipment appraisal.  So call us today at 1-800-873-3040 and find out how much We Value Your Business!