Before you decide to liquidate your business or send property to auction, it’s important to know its value so you not only have the knowledge about what your property is worth but can recognize when a bid following an auction or sale is reasonable. Working with an appraiser who understands your goals and knows the various approaches to appraisal analysis can give you an upper hand.
Schneider Industries utilizes current sale comparisons of similar equipment as well as replacement costs when necessary in order to provide you with current market valuation conditions. This translates into the most current and updated equipment valuations reports possible for our clients.
We understand the supply and demand chain of used machinery and its functionality in current market trends. Schneider Industries assists banks, lending institutions, leading corporations, attorneys, accountants, venture capital groups, executives and government agencies. For 20 years, we have worked in the market and evaluated its fluctuations. Today, we combine this cumulative knowledge to provide our clients with the latest technology in our reports. From there, clients can decide whether an auction, a sale, or another approach to asset liquidation is right for them.
Appraisals For Commercial & Industrial Property
No matter what kind of equipment or property you possess, it is important to understand the value it has in the market. No two properties are identical, and the value of equipment and machinery may vary as well.
Our staff includes a member of The Association of Machinery and Equipment Appraisers, a nonprofit professional association that accredits and certifies appraisers of machinery and equipment. You can be confident that our industrial liquidators will appraise your assets fairly and accurately.
Approaches to Appraisal Analysis
- Market Approach – This approach involves the collection of market data pertaining to the subject assets being appraised. Also called the “Comparison Sales Approach,” the Market Approach determines how desirable the assets are in the market and how similar recent sales or offerings have fared in order to indicate a profitable selling price of the assets being appraised. If the appraiser cannot find comparable assets or the sales are not exactly similar, adjustments must be made in order to bring them as closely in line as possible with the subject property.
- Cost Approach – This approach is based on the proposition that the informed purchaser would pay no more for a property than the cost of producing a substitute property with the same utility as the subject property. The appraisal considers the property’s maximum value and the cost the buyer would have incurred if he or she constructed or purchased an asset of equal utility to the subject asset up for appraisal. However, when the subject asset is not new, depreciation of the value means the current cost must be adjusted as of the effective date of the appraisal.
- Income Approach – This approach considers value in relation to the present worth of future benefits derived from ownership and is usually measured through the capitalization of a specific level of income. This approach is the least common approach used in the valuation of machinery and equipment since it is difficult to isolate income attributable to such assets.
Other factors that affect appraisals include depreciation, physical deterioration, and functional obsolescence. Each of these may reduce or alter the asset value, which is why it is important to work with an appraiser who is experienced and knowledgeable about a wide variety of properties. Contact Schneider Industries today to learn more about valuing your commercial real estate and assets.
Contact Schneider Industries
To get started in the auction process or be considered for ONS, contact Schneider Industries today!
Upcoming Events
Surplus equipment to the ongoing operations at a Major Food Producer (Lots located in multiple locations)
ALL LOTS SUBJECT TO RIGGING/ REMOVAL FEES. PLEASE READ FULL DESCRIPTION. Bid Now Information...
December 19, 2024
End:February 18, 2025
Address:Dinuba California
Category: Food grade processing equipment
Online Only Auction – Complete Distillery w/ (600+) bbls Whiskey finished goods — located BC Canada — Auction Ends Jan. 29th at 10am CST
Distillery w/ (600+ bbls) Whiskey product! The auction closes January 29th, 2025 All Equipment...
British Columbia, Canada
Category: Beverage Processing Equipment, Industrial Machinery & Equipment
Complete 30 BBL Microbrewery Equipment Auction — Located in Colorado
Rigging and Pickup information coming...
December 9, 2024
End:February 6, 2025
Address:Colorado
Category: Beverage Processing Equipment
Testimonials
“Great company to work with and helped us tremendously, with better than expected results.”
- Emerson Electric
“We originally contracted SI’s services to sell our equipment. They ended up selling the complete 250,000 sq. ft. operation including the building, equipment, IP, customer list, and R&D lab equipment for twice as much as we anticipated.”
- Scott Phillips, SRVPMGP Ingredients
“Has completed many projects successfully and continues to fulfill the expectations of our company, providing good, reliable, and qualified services.”
- Grupo Herdez
“Did an excellent job organizing the sale and produced great results.”
- Campbells Soup