Asset Appraisal and Evaluation


Verasset conducts fixed asset appraisal and valuation services in conjunction with strategic partners that are recognized industry leaders and subject matter experts.

Verasset’s asset appraisal services are based on a team of certified appraisers with over 40 years of experience in the field.

Verasset personnel inspect and evaluate property and assets with regard to clients’ specific requirements. During the inspection process, detailed descriptive information pertaining to the assets is identified and compiled. Whenever possible, this includes age, manufacturer, model, serial number and specifications along with digital images. At the same time, other information such as the condition of inspected assets may be discussed, requested and/or gathered.

Appraisals are developed and submitted in conformance with the Uniform Standards of Professional Appraisal Practice (USPAP), as established by the Appraisal Standards Board of the Appraisal Foundation.

There are three basic valuation methodologies used to establish an estimate of an asset’s value. These methodologies use cost, sales and income to establish a range of imputed asset value.


Cost Methodology

This method relies on a set of procedures in which an appraiser derives an imputed value by estimating the current cost to reproduce or replace an asset, adjusting for depreciation including physical deterioration, and functional and economic obsolescence.

Income Capitalization Methodology

This approach uses a set of procedures in which an appraiser derives a valuation for income-producing property by estimating an asset’s income generating potential. This is accomplished either by capitalizing a single year of projected income, or averaging several years of projected income at an imputed capitalization rate that reflects a specified income pattern, return on investment or change in value of the investment; or discounting the annual projected cash flows of holding the asset over a period of time at a generally recognized market discount rate.

Sales Comparison Methodology

This methodology uses a set of procedures in which an appraiser derives a valuation by comparing the property being appraised to similar property that has recently sold. The methodology relies on comparing appropriate data fields such as age, condition, location, price, etc. of sold assets to the items being appraised, and adjusting the estimated valuation of the assets accordingly.

Verasset’s partners hold the following certifications:

  • Uniform Standards of Professional Appraisal Practice (USPAP)
  • Board certification – Manufactured Housing Appraisers
  • Board certification – Personal Property Appraisers
  • Membership in the Certified Appraiser’s Guild of America
  • Membership in National Society of Appraisal Specialists
  • Membership in the South Carolina Auctioneers Association
  • Certification as a US Bankruptcy Court expert witness

We respect your privacy. We will never sell, rent, or share your information with any third party.


  • I am happy to recommend Verasset Corporation for your large inventory needs. The Verasset team performed our tri-annual fixed asset inventory in a professional and methodical manner. They inventoried over 65,000 assets onsite with meticulous attention to detail.  Each day, they reported on time, and were well prepared for the day’s activities.  The team lead worked closely with me to ensure every asset was captured, while the rest of the Verasset team worked closely with my team to resolve all discrepancies.  For weeks after the hands-on team had left our sites, they continued to meet with me regularly to ensure the inventory results were accurately documented, resulting in the most successful fixed asset inventory ever at our company.  I would not hesitate to engage the Verssset team in the future for my inventory needs.

    Burnie S.
  • We (NetApp Inc) have been utilizing Verasset’s services for over 5 years.  Due to their high quality of work at reasonable prices, we have continuously engaged with this organization for our physical inventory and reconciliation needs.  Adam Vinecombe, especially, has been providing excellent customer support and accommodating the many changes in direction we have proposed without hesitation.  With his long history of experience, he has provided helpful insight on issues we encountered during the larger engagements, to help NetApp make better informed decisions on how to resolve the situations.  He has made himself available for last minute ad-hoc meetings and requests in a professional manner.  It is a pleasure working with Adam and Verasset, and we look forward to the next engagement.

    Rick S.
    NetApp, Inc.
  • Verasset performed a physical inventory of our fixed assets in July of 2011. Their team completed an in-depth scoping exercise which was used to determine the scope of work and enabled them to provide the various RFID tags that they applied to our assets during the inventory. Upon completion of the inventory and tagging effort, Verasset appraised our assets and provided us with a formal report of their findings. The Verasset team, which I found to be professional and detail oriented, completed the physical inventory on time and within budget.

    Manhal Bou Karroum
    Finance Director Qatar University
  • Verasset performed a physical inventory of our fixed assets for the Town of Jay. We found the team to be courteous and professional while on site in our facility. They were always polite and respectful while performing their inventory, allowing my office staff to continue work without interruption. I highly recommend Verasset’s services when awarding a physical inventory bid.

    Randall T. Douglas
    Supervisor, Town of Jay
  • I’m glad we went with Verasset for the physical inventory of fixed assets at our Corporate headquarters. The Director of Service Delivery was an absolute professional to work with – he followed up on our request quickly and responded to questions promptly. Verasset was able to turnaround a proposal for services immediately so we could make our decision in a timely manner, and the cost was very reasonable for the work that had to be done. The inventory count was done in the time specified, and the inventory data was provided as expected – we were able to use it easily to reconcile against our fixed asset sub-ledger. We are using Verasset for our other facilities across the U.S., and I would highly recommend them to anyone in need of fixed asset inventory services.

    Steven Azevedo
    CRC Health Group
  • We are a small long term care nursing facility that contracted Verasset to conduct our periodic fixed asset physical inventory. They delivered what they promised which was a professional staff, cost effective approach, and a quick turnaround on the results. Verasset made it happen!!

    Jeffrey Dasilva
    Seton Manor


Learn more about our appraisal services!