Kendale Lakes-Lindgren Acres Machinery & Equipment Appraisals

Machinery & Equipment Appraisals, Kendale Lakes-Lindgren AcresKendale Lakes and Lindgren Acres, suburbs of Miami in Miami-Dade County Florida, were  primarily identified as commuter towns or bedroom communities up until the mid 1980s.  The community was largely centered around the Kendale Lakes Mall throughout the 1970s and 80s.

Our certified appraisers have substantial experience appraising machinery and equipment of all types and throughout various industries.  These include but are not limited to restaurants, medical and dental equipment, hotels, retail stores, textile manufacturing, and machine shops.  Our knowledge and proclivity for accurate appraisal work makes us an excellent choice for preparing machinery and equipment appraisals in Kendale Lakes-Lindgren Acres.  

Expert Machinery & Equipment Appraisals – The Optimal Approach for Your Needs

We consider three different approaches to value when reviewing equipment to determine its worth.  These include the Cost Less Depreciation Approach, the Market Data Approach and the Income Approach.  Our certified appraisers have the talent to rightfully determine which approach to value is the most appropriate for your equipment appraisal.

The cost less depreciation approach is when the current cost of an asset is established 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 market data approach is when the market value estimate is based upon prices being paid in actual and current market listings.  The latest transactions are reviewed to establish a probable value.

The income approach considers revenue streams in order to determine a present value.  This approach is often difficult to execute since revenue streams for single assets cannot be itemized easily.  However, there are equipment appraisal conditions that seem sensible in which to apply the income approach.

Our appraisers earned their qualifications through a challenging program offered by the NEBB Institute.  The NEBB Institute primes CMEA candidates for real life challenges and circumstances that may arise in the appraisal industry from simple to complex.  The following requirements must be met to obtain the certification: completion of a comprehensive training course, passing of a written exam and preparation a sample appraisal report that is then graded by two certified machinery and equipment appraisers and a peer review committee.

Our appraisals will withstand scrutiny from the IRS, litigation, banks and more. All of our appraisals are certified, meet the SBA’s SOP Requirements and are USPAP compliant.  Our appraisers are prepared to perform qualified appraisals that are defensible under any circumstance.  Whether you need an appraisal in Kendale Lakes, Lindgren Acres, Miami or any other cities nearby, the team at Turner Business Appraisers is equipped to provide accurate, defensible and timely appraisals for your business. So call us today at 1-800-873-3040 and find out how much We Value Your Business!