Expert Appraisals for Your Property
APPRAISALS SERVICES
All appraisal reports strictly adhere to the Uniform Standards of Professional
Appraisal Practice (USPAP).
All appraisal services are billed at $175/hour. Unfortunately, we do not offer complimentary valuations. The minimum charge for any appraisal is $250.
We ask that you send an email through our contact page with pictures of the item(s) you’d like us to appraise and a little background information. From there, we can determine if we can complete the appraisal. This will save you time and money!
It is also extremely important to clearly identify the intended use of the appraisal. For example, an Insurance appraisal cannot be used for a Charitable Donation or Valuation as the approach to value and value conclusions are not the same.
TYPES OF APPRAISALS/INTENDED USE
Insurance Coverage/Claims
Current Replacement value is established to ensure your are made whole in the event of damage or loss. Â Our appraisals are globally accepted by brokers and underwriters.
Valuations
Thinking of selling? We will help you establish the optimal asking price for your item/items.
Charitable Donations
Charitable donation appraisals in support of a tax deduction are required for donations over $5,000 for one or more items or a group of items. We offer Fair Market Value appraisals for non-cash charitable donations and provide forms required by the IRS for filing.
Estate Planning
To assist in prospectively dividing property between two or more parties upon death of a client.
Equitable Distribution
To support fair distribution of property between two or more parties when property is to be divided for estate planning, estate distribution, or divorce.
SCOPE OF WORK - what to expect
After the intended use is established, an inspection of property is necessary - schedule an appointment for us to come to you or you are welcome to bring the items to our Alexandria, VA location for photographing and recording technical details. It is our practice to personally inspect the items being appraised, but in some cases, we can work from a good collection of photographs along with being provided technical information (title, date, dimensions etc...) and any other supporting documentation.
The scope of work depends on the intended use of the appraisal report. Here are some of the things the appraisal report may provide.
- Name and Address of Client
- Intended Use Insurance, Charitable Donation, etc.
- Intended Users Client, Insurance Company, IRS, etc.
- Name, Contact Information and Qualifications of the Appraiser
- Signed Certification Guaranteeing quality product
- Scope of Work Narrative -Â laying out the essential tasks to achieve goals of intended use
- Purpose of the Appraisal
- Type and definition of Value being sought Fair Market Value, Replacement Value, etc.
- Which approach to Value being sought with rationale Sales Comparison, Income Approach
- Type of Report and Rational Appraisal or Restricted Appraisal
- Market Analysis and rationale Which markets were researched to form value conclusions
- Defined Value Conclusions Why the value conclusion was reached
- Property Descriptions To include photographs and all identifying attributes
- Extraordinary Assumptions
- Limiting Conditions
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Contact Us
Email us with your request and as many details you'd like to provide and we will get right back to you!