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.