Farm Equipment Appraisal

Sencer Appraisal Associates provides agriculture and farm equipment appraisals that are unbiased, accurate, and defensible for all areas of the farming industry. Whether you need farm equipment valuation services for a farm, ranch, harvesting provider, a marijuana grow operation, or a vineyard or winery, we can help. Contact us today at 888-473-6237.

What is a Farm Equipment Appraisal?

An agricultural and farm equipment appraisal is an unbiased opinion of value that is accurate, defensible, and managed by an accredited, qualified professional. Sencer Appraisal’s equipment valuations are managed by Accredited Senior Appraiser of the American Society of Appraisers and are certified as compliant with the Uniform Standards of Professional Appraisal Practice (USPAP). With 2 million farms located in the U.S. and the farming equipment industry valued at $37 billion, agriculture and farm equipment appraisals are frequently requested for asset-based lending, litigation, tax assessments, and other financial and management matters.

We know each farming sector has specialized equipment that cannot be confused with other industries – for example, tractors and harvesters used on vineyards are notably different from those used on other farming operations. We’re also aware that most specialized farming equipment is sold in private party transactions, which limits public sales information. Because of that, our farm equipment appraisers ensure every valuation is well-researched and reflects the true value. Whether we’re appraising a large lettuce operation or an orchard harvesting operation, we always provide appraisals informed by comprehensive research – ensuring your equipment appraisal is suitable for any scenario.

USPAP-Compliant Farm Equipment Appraisals

All of Sencer Appraisal’s equipment valuations are managed by an Accredited Senior Appraiser of the American Society of Appraisers and certified compliant with the Uniform Standards of Professional Appraisal Practice (USPAP). They meet any necessary IRS, Financial Accounting Standards Board (FASB) GAAP regulations, International Valuation Standards, and U.S. Small Business Administration (SBA) requirements. They will withstand any scrutiny that comes your way.

Providing Equipment Appraisals Since 1955

Sencer Appraisal Associates has been providing independent, USPAP-compliant machinery valuation services for agriculture, vineyard, and farm equipment across the United States for decades.

Since our firm was founded in 1955, our accredited equipment appraisers have completed thousands of valuations. We’ve earned the trust of a broad range of clients, including multinational manufacturers, banks, government agencies, charitable organizations, business brokers, trustees, legal and accounting firms, private individuals, business clients, sole-proprietorships, and Fortune 5 corporations.

Common Uses of Agriculture and Farm Equipment Appraisals

Our agriculture and farm equipment appraiser services serve businesses across the U.S. for various reasons, including:

• Corporate planning & due diligence
• Donations & charitable contributions
• Eminent domain
• Estate planning
• Expert witness needs and dispute resolution
• Family law matters
• Financing and asset-based lending
• Insurance and damage loss
• Litigation, arbitration, bankruptcy, and divorce
• Mergers, acquisitions, and divestitures
• Property tax assessment
• Purchase price allocations and financial reporting
• Risk management

Common Farm and Agriculture Equipment Appraised

Here are just a few types of farm and agricultural equipment and machinery that we regularly appraise:

• Air compressors and dryers
• Backhoes
• Balers
• Bottling and packaging equipment
• Cannabis industry equipment
• Combines
• Conveyors
• Destemmers
• Drills and seeders
• Fermenters
• Forklifts, telehandlers, and other material handling equipment
• Harvesters
• Loaders
• Mowers
• Pickers, separators, strippers and washers
• Presses
• Planters
• Rippers and tillers
• Sprayers and spreaders
• Stainless steel tanks
• Tractors
• Trailers
• Trucks
• Utility vehicles and ATVs
• Winery cooperage
• Office and shop equipment
• Quality control & testing equipment

Agricultural Sectors Using Farm Equipment Appraisals

• Cannabis industry
• Cotton industry
• Dairies
• Field & seed crops
• Fruit farming
• Livestock
• Nuts
• Orchards
• Rice ranching
• Row crops
• Tobacco
• Timber
• Vegetable crops
• Vineyards & wineries

Farm Equipment Appraisal Process

Getting Started

For any agricultural and farm equipment appraisal process, our first task is to identify the purpose of the appraisal. Then we collect all the key facts and information about your equipment, including manufacturer, model number, serial number, hours, specifications, and condition.

Appraisal Type

Identifying the type of valuation definition is a critical step in the equipment appraisal process. Your appraisal may need fair market value, orderly liquidation value, forced liquidation value, fair value, or another definition of value. We’ll help you make the right selection.

Valuation

Our farm equipment appraisers carry out a complete on-site inspection of your farm or facility, or perform an uninspected desktop analysis, before producing an accurate and unbiased opinion of your farm equipment’s value.

Delivery

Finally, we deliver you an accurate and independent appraisal document that meets an applicable IRS, Financial Accounting Standards Board (FASB), GAAP, International Valuation, or U.S. Small Business Administration (SBA) requirements, and is certified as compliant with USPAP.