Machinery and Equipment Appraisal

The valuation of machinery and equipment is a specialized field in the appraisal profession. At Property DNA, our experienced and well-trained professionals have been appraising all classes of machinery and equipment since 1997 to provide accurate, irrefutable, and defensible values that’s available to all Western Canada clients.

In our approach to valuation, we consider recent transactions of machinery and equipment that are similar to your assets and make the appropriate adjustments to these comparables to determine a fair market value for our customers.

When You Need a Machinery and Equipment Appraisal

Machinery and equipment appraisals are generally required for the following purposes:

• Buying or selling
• Continual use
• Sale or disposal
• Taxation
• Insurance claims
• Business values and credit applications

Factors That Affect the Value of Equipment

The condition of your machinery will be the main factor in its valuation. Vehicles that are well-maintained and in good shape will usually be worth more than those that are more worn or damaged in any way.

How a piece of equipment looks can also factor into its value. External depreciation of a farming, industrial, or commercial vehicle’s bodywork also has some of the most notable decreases to its value so it’s important to replace parts as needed.

Our Standards for Reports and Appraisals for Machinery and Equipment

All reports prepared by Property DNA are delivered in a timely and professional manner regardless of where your assets are located. As certified professionals, we travel across Western Canada to perform machinery and equipment appraisal services.

In addition, all reports prepared by Property DNA & Consulting Inc. and other affiliated companies conform to the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the ethical standards of the Appraisal Institute of Canada.