What is inside an Equipment Appraisal Report

What should be inside the Report

The Report – Our report is USPAP compliant and an average appraisal will have the following included sections:

  • Summary Of Facts
  • Scope of Work
  • Degree To Which The Property Is Inspected Or Identified
  • Extent Of Research Into The Physical Or Economic Factors That Could Affect The Property
  • Extent Of Data Research
  • Type And Extent Of Analysis Applied In Arriving At Opinions Or Conclusions
  • Depth Of On-site Inspection
  • Overall Condition Of Equipment
  • Intended Use
  • Economic Conditions
  • Definitions Of Conditions
  • Methods Of Evaluations
  • Sources Contacted
  • Market Conditions
  • Final Value Summary And Reconciliation
  • Appraiser’s Certifications And Qualifications
  • Photographs

Note: Our report is formatted in a bound presentation binder, with a digital PDF of the entire appraisal inside – We supply 2 copies.

Tip: Keep the appraisals digital copy off site in a fire safe for validation later in case of an emergency, insurance claim, or another appraisal.