Valdosta is sometimes referred to as Azalea City due to the azalea plants that abundantly grow throughout the city. Valdosta is the County seat of Lowndes County, Georgia and was established in 1860 after efforts to bring a railroad to nearby Troupville, Georgia were unsuccessful. As of 1899, Valdosta was the smallest city in America to install a public transit system. Valdosta has been credited for many wonderful things, including being a City of Excellence, a City of Ethics, and Georgia’s Best Adventure Town to name a few!
Valdosta is easy to get to from our headquarters in Charlotte, making Turner Business Appraisers a great choice to appraise machinery and equipment for Valdosta businesses. Our certified appraisers have appraised machinery and equipment of all types and in nearly every industry including but not limited to hotels, retail stores, restaurants, medical and dental equipment, textile manufacturing, machine shops and more! Our aptitude for accurate appraisal work joined with our appraisal experience makes us your number one source for machinery and equipment appraisals in Valdosta.
When examining equipment to determine its value, we reflect on three different approaches to value. These include the Market Data Approach, the Cost Less Depreciation Approach and the Income Approach. Our certified appraisers have the knowledge to accurately establish which approach to value should be applied to your equipment appraisal.
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 examined to determine a probable value.
The cost less depreciation approach 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 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 cataloged easily. However, there are circumstances on occasion where it makes sense to apply the income approach to an equipment appraisal.
Valdosta, GA Machinery & Equipment Appraisals – Certified, Reliable Results
Our appraisers have obtained their qualifications from the NEBB Institute. The NEBB Institute is an institution that is credited nationally and globally for their high standards and detailed training in the equipment appraisal industry. All students must pass a challenging training course and a written exam, and prepare a sample appraisal report that is graded by 2 certified appraisers and a peer review committee before earning the CMEA certification. This ensures that appraisers trained by the NEBB Institute are prepared for any appraisal circumstance. Because our appraisers have received their training through this prestigious program, they are equipped to perform expert appraisals that are defensible in any situation.
Our appraisals are certified, meet the SBA’s SOP Requirements and are USPAP compliant and can withstand scrutiny from the IRS, Litigation, Banks and more. Whether you need an appraisal in Valdosta, Dasher, Hahira, Lake Park, Moody AFB, Remerton or any other cities nearby, the team at Turner Business Appraisers will 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!
