Minnesota Equipment Appraisers

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Equipment appraisals in Minnesota for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises manufacturing equipment, construction machinery, agricultural equipment, industrial tools, and fleet vehicles across Minnesota, including Minneapolis, Saint Paul, and Rochester.

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DEFENSIBLE, USPAP-COMPLIANT FARM EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, MINNESOTA COURTS, LENDERS, INSURERS, AND MORE.

  • U.S. Small Business Administration
  • Chase
  • Wells Fargo
  • U.S. Bancorp
  • Nationwide Insurance
  • Bank of America
  • IRS
  • Minnesota Courts

Credentialed Appraisers Serving Minnesota

Between them, our machinery and equipment appraisers hold CAGA designations, and every report is written to USPAP for the IRS, Minnesota courts, lenders, insurers, and more.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Marnie Erkelens

Marnie Erkelens

Vehicle Appraiser

CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Equipment & Machinery Appraisals in Minnesota

AppraiseItNow provides professional equipment and machinery appraisal services throughout Minnesota, serving clients across industries including manufacturing, agriculture, healthcare, construction, and food service. Our equipment and machinery appraisals support a wide range of purposes, including charitable donations, lending and financing, mergers and acquisitions, and financial reporting, delivering credentialed valuations that meet IRS, SBA, and GAAP requirements.

Our appraisers serve clients across the Twin Cities metro, Rochester, Duluth, St. Cloud, Mankato, and throughout greater Minnesota, offering both remote desktop appraisals and onsite inspections depending on asset type and intended use. Desktop appraisals using equipment lists, photographs, and serial numbers are a fast, cost-effective option popular with SBA lenders and CPAs handling time-sensitive transactions, while onsite inspections are available for condition-sensitive assets such as construction machinery, trucking fleets, and medical devices. We offer Fair Market Value (FMV), Orderly Liquidation Value (OLV), Forced Liquidation Value (FLV), and Replacement Value appraisals for various intended uses.

What Types of Equipment & Machinery Do We Appraise in Minnesota?

Minnesota's economy spans a broad range of capital-intensive industries, and our appraisers have experience valuing the equipment that powers them. We appraise assets across the following categories:

  • Manufacturing machinery and production equipment
  • Agricultural equipment including tractors, combines, and irrigation systems
  • Construction and heavy equipment such as excavators, loaders, and cranes
  • Medical and healthcare equipment including imaging systems and surgical devices
  • Restaurant and food service equipment
  • Trucking and transportation fleets
  • Lumber, sawmill, and wood processing equipment
  • Metal fabricating and machine shop equipment
  • Technology and IT assets
  • Printing, packaging, and material handling equipment

Minnesota's strong concentration of agricultural operations in rural regions and advanced manufacturing and medical device industries in the Twin Cities and Rochester corridors means appraisers must understand both specialized industrial assets and high-value healthcare technology. Our team brings the local market knowledge and credentialed expertise needed to produce accurate, defensible valuations across all of these asset classes.

Who Does AppraiseItNow Serve in Minnesota?

We serve a wide range of clients throughout Minnesota, including business owners, lenders, CPAs, attorneys, estate administrators, nonprofit organizations, and corporate finance teams who need reliable equipment valuations for lending, transactions, tax reporting, litigation, or compliance purposes.

What Minnesota clients say we are known for

Minnesota Appraisal Reviews: “I highly recommend the AppraiseItNow team” and “I would definitely use them again”

  1. Being the appraiser they come back to“I would definitely use them again” Richard A.Mentioned in 11 reviews
  2. Answering fast, and staying reachable while the work runs“They were responsive and timely from start to finish” Julia P.Mentioned in 6 reviews
  3. Showing the research and the comparables behind the number“They diligently researched both equipment items and provided well-documented reports” Bob H.Mentioned in 5 reviews
  4. Taking on items other appraisers had already turned downMentioned in 4 reviews
  5. Delivering the finished report ahead of the deadline“They did it quickly” Phil L.Mentioned in 3 reviews

Across 16 published Minnesota appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • I recommend AppraiseItNow Inc. highly. I needed an appraisal of fair market value for geologic laboratory equipment for charitable donations to three universities. The unique items and limited secondary market complicated the valuation. They provided a sound, verifiable estimate and the 8283 forms that I was able to use in my tax filings. I would use them again.
    Alan B. ·

    Lab Equipment Appraisal for Charitable Donation

  • AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
    Bob H. ·

    Machinery & Equipment Appraisal

  • I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
    Julia P. ·

    Technology Equipment Appraisal for Divorce

  • I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
    Richard A. ·

    Medical Equipment Appraisal for Charitable Donation

  • Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
    Ana R. ·

    Machinery & Equipment Appraisal for Bankruptcy Filing

  • They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
    Phil L. ·

    Medical Equipment Appraisal for Charitable Donation

We produce written equipment appraisal reports for lending, insurance, charitable donations, and litigation

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Tax, Estate & Financial Planning

Transactions, Lending & Investment

Life Events & Special Circumstances

  • Divorce
  • Social Security reporting or Medicaid Application Filings
  • E-2 visa applications

Frequently Asked Questions on Minnesota Equipment Appraisers

How is farm equipment valued in Minnesota?

Primarily through the market and cost approaches, anchored by IronGuides from Iron Solutions, widely described as the blue book for farm equipment because its values come from actual retail transactions, supplemented by auction records, dealer data, and trade publications for tractors, combines, and implements.

What documentation moves a tractor's appraised value?

Make, model, and serial number, engine hours, condition, attachments, upgrades, and maintenance records. Hours and well-documented service history change how a unit compares to guide values and recent sales, so incomplete records usually cost the owner value rather than the appraiser guessing generously.

How are storm-damaged machinery losses documented for taxes?

Casualty losses and involuntary conversions are reported on IRS Form 4684, which requires defensible before-and-after values for the damaged equipment. An independent appraisal substantiates the fair market value figures that form uses, which matters if the return is examined.

Do farm estates in Minnesota need equipment values?

Yes. The personal representative must file an inventory within six months of appointment stating fair market values as of the date of death, and machinery lines are often the largest personal property entries on a farm estate. Appraised values keep that filing defensible for the court and the heirs.