Verasset service teams perform fixed asset appraisal / equipment valuation services along side our certified valuation partners.

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 3 basic valuations methodologies used to establish the estimate of an asset’s 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.

Contact Us

We are available via telephone 8:30am-5:00pm (EST) Monday-Friday 

100 Webster Street, Manchester NH 03104

+1 (877) 219 5532

Contact us to learn more and get a free quote