Augusta Machinery & Equipment Appraisals

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 is 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 equivalent substitute asset 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.