South Dakota Equipment Appraisers

5.0from 80+ client reviews

Equipment appraisals in South Dakota for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises industrial equipment, construction machinery, agricultural equipment, manufacturing assets, and fleet vehicles across South Dakota, including Sioux Falls, Rapid City, and Aberdeen.

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DEFENSIBLE, USPAP-COMPLIANT MACHINERY & EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, SOUTH DAKOTA COURTS, LENDERS, INSURERS, AND MORE.

  • U.S. Small Business Administration
  • Chase
  • Wells Fargo
  • First National Bank of Omaha
  • Nationwide Insurance
  • Bank of America
  • IRS
  • South Dakota Courts

Credentialed Appraisers Serving South Dakota

Between them, our machinery and equipment appraisers hold CAGA designations, and every report is written to USPAP for the IRS, South Dakota 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 South Dakota

AppraiseItNow provides professional equipment and machinery appraisals across South Dakota for a wide range of purposes, including charitable donations, asset-based lending, mergers and acquisitions, and financial reporting. Whether you are securing an SBA loan, preparing for a business sale, satisfying IRS requirements for Form 8283, or supporting a property tax appeal, our credentialed appraisers deliver accurate, defensible valuations tailored to your specific situation. Our appraisers serving South Dakota understand the state's key industries, from construction and food processing to manufacturing and agriculture, ensuring that every valuation reflects real local market conditions.

Our appraisers work both remotely and onsite throughout South Dakota, covering every county from Sioux Falls and Rapid City to Aberdeen, Watertown, Brookings, and rural communities statewide. Using nationally recognized credentials such as ASA, CMEA, and EECA designations, our team meets IRS, lender, and court standards without requiring state-specific licensing, allowing seamless service across the entire state. Learn more about our equipment and machinery appraisal services and how we approach each engagement. 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 South Dakota?

AppraiseItNow appraises a broad range of equipment and machinery assets found across South Dakota's diverse industrial and commercial sectors, including:

  • Construction and heavy equipment, including excavators, loaders, and graders
  • Agricultural machinery, including tractors, combines, and irrigation systems
  • Food processing and packaging equipment used in South Dakota's growing processing industry
  • CNC machinery, lathes, and precision manufacturing equipment
  • Medical and dental equipment, including imaging systems and surgical tools
  • Restaurant and commercial kitchen equipment
  • Transportation and fleet vehicles, including semi-trucks and trailers
  • Retail and point-of-sale technology assets
  • Woodworking, metalworking, and fabrication machinery
  • IT infrastructure, servers, and technology assets

South Dakota's economy supports a particularly strong demand for agricultural equipment appraisals across its rural counties, as well as construction and food processing machinery valuations tied to development activity in cities like Sioux Falls and Rapid City. Our appraisers are also experienced in niche valuations such as floor plan audits, inventory appraisals, and court-ready expert witness reports for partnership dissolutions and litigation support.

Who Does AppraiseItNow Serve in South Dakota?

AppraiseItNow serves a wide range of clients across South Dakota, including business owners, lenders, attorneys, accountants, nonprofit organizations, estate administrators, and individuals who need credentialed, USPAP-compliant equipment and machinery appraisals for financial, legal, or tax-related purposes. Whether you are a bank requiring a collateral valuation, a company navigating a merger, or an individual donating equipment to a qualifying charity, our appraisers are ready to support your needs throughout the state.

What South Dakota clients say we are known for

South Dakota 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 South Dakota 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 South Dakota Equipment Appraisers

What happens when a South Dakota court orders an appraisement of equipment?

Under SDCL Chapter 21-19, the court appoints three appraisers who must value each item at its actual fair market value where it sits, then file a sworn appraisement signed by at least two of them. That filed document becomes a formal, court-recognized valuation, which is why disputed machinery in South Dakota litigation often runs through a court-structured appraisal.

Can a personal representative hire an appraiser for estate machinery in South Dakota?

Yes. SDCL Section 29A-3-707 lets the personal representative employ a qualified, disinterested appraiser for assets whose value is not readily ascertainable, and different appraisers may be used for different kinds of property. The appraiser's name and address must appear on the inventory next to the items valued, creating a court-facing record of who stood behind each figure.

How are machinery values supported when comparable sales are scarce?

Through the cost approach: current replacement cost from manufacturer quotes and cost guides such as Marshall Valuation Service, less physical, functional, and economic depreciation. When comparables do exist, we pull them from auction platforms such as MachineryTrader, IronPlanet, and BidSpotter and from dealer listings, and the report states which approach carried the conclusion and why.

When does installed machinery stop being personal property in South Dakota?

Only when it effectively merges with the building. In National Food Corp. v. Aurora County, the South Dakota Supreme Court held machinery is normally personal property and becomes a fixture only if removal would materially injure the realty or the machine, or the structure was specially designed to house it. That line decides which tax and appraisal rules apply to a plant’s equipment.

Do liens follow South Dakota equipment after the owner hands it over?

They can. Under SDCL ch. 44-11, a possessory lienholder who surrenders equipment can preserve the lien by filing notice with the register of deeds within 120 days, keeping it valid against most later parties. Recently surrendered machinery can therefore carry encumbrances a buyer cannot see, and our reports note known liens because they directly reduce realizable value.