Boat & Marine Asset Appraisal

5.0from 80+ client reviews

Boat appraisal and marine survey services for charitable donations, estate settlement, probate, vessel titling, and litigation, prepared in accordance with USPAP. AppraiseItNow appraises and surveys sailboats, yachts, pontoons, speed boats, and personal watercraft.

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DEFENSIBLE, USPAP-COMPLIANT BOAT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.

  • Progressive Insurance
  • GEICO
  • Chase
  • State Farm
  • Bank of America
  • United States Courts
  • Allstate
  • IRS

AppraiseItNow Appraises Yachts, Powerboats, Sailboats, and Personal Watercraft

USPAP-compliant appraisals and marine surveys for donations, estate settlement, titling, and litigation.

Yachts & Powerboats appraisal

01

Yachts & Powerboats

  • Yachts
  • Motor Yachts & Cruisers
  • Speedboats & Runabouts
  • Pontoon Boats
Sailboats & Personal Watercraft appraisal

02

Sailboats & Personal Watercraft

Standard
USPAPAll reports follow the Uniform Standards of Professional Appraisal Practice (USPAP) and are tailored to the purpose of the assignment.
Value definitions
FMV, Replacement, ACVFair Market Value is the most popular for tax purposes, divorce, and purchase and sale; Replacement Value and Actual Cash Value are also offered.
Delivery
Online-first, electronic reportIntake, research, and valuation run online, and the completed report is delivered electronically with any required supporting documentation.
Purposes
Estate, donation, divorce, insuranceEstate and trust matters, charitable donations, divorce and family law, insurance claims including total loss and diminished value, and resale planning.

AppraiseItNow prepares independent boat and watercraft appraisals through an online-first process

AppraiseItNow provides independent boat and watercraft appraisals for personal, legal, and compliance-driven purposes, prepared by credentialed appraisers with extensive experience valuing boats and personal watercraft.

Purposes we serve

Boat appraisals for estates, donations, divorce, insurance, and resale

Our boat and watercraft appraisals are commonly used for:

  • Estate and trust matters
  • Charitable donations (IRS Form 8283)
  • Divorce and family law matters
  • Insurance claims, total loss, diminished value
  • Resale planning and ownership transitions

Value definitions

Fair Market Value, Replacement Value, and Actual Cash Value

We provide the following types of boat valuation, of which Fair Market Value is the most popular for tax purposes, divorce, and purchase and sale:

  • Fair Market Value
  • Replacement Value
  • Actual Cash Value (ACV)

How the process works

Intake, research and valuation, and electronic delivery

Our process is designed to minimize friction while maintaining professional rigor. You submit basic information about the vessel, a credentialed appraiser researches the market and values it, and the finished report arrives electronically:

  • Initial intake: location, type, year, intended use
  • Research and valuation: comparable sales, condition adjustments
  • Report delivery: electronic, with supporting documentation

Marine surveys

Condition and valuation surveys when the assignment requires one

For applicable assignments we also offer marine survey services, including the condition and valuation surveys commonly required for insurance underwriting, financing, ownership transfers, and risk assessment. When a marine survey is required, our team advises on the appropriate scope and coordinates it.

We appraise every type of boat and watercraft, from bowriders to motor yachts and rental fleets

We appraise boats and personal watercraft of every class for estates, donations, divorce, insurance, and resale, from a single runabout to a dealer's entire inventory.

Power and sail

Powerboats, motor yachts, and sailboats of every class

From bowriders, center consoles, cuddy cabins, deck boats, and runabouts to motor, sport, and cruising yachts and cruising, racing, and performance sailcraft:

PWC and working boats

Jet skis, sportfishing boats, and commercial vessels

We appraise personal watercraft alongside the sportfishing boats, commercial fishing vessels, and utility boats that work for a living:

  • Jet skis
  • Wave runners and other personal watercraft
  • Fishing and work boats

Specialty, classic, and fleets

Custom builds, collector-grade classics, and multi-unit inventories

Custom-built, heavily modified, or specialty vessels, antique and restored collector watercraft, and the rental fleets, dealer inventory, estates, and private collections that hold several at once are all within scope:

  • Specialty and custom watercraft
  • Vintage and classic boats
  • Fleet and multi-unit watercraft

Our boat appraisers work mostly for individual owners, and also for marine lenders, dealers, and fiduciaries

We prepare boat appraisals for the individual who owns the vessel and for the marine lenders, dealers, rental operators, attorneys, CPAs, and fiduciaries handling the financing, sale, or estate around it.

Individual owners

Donations, divorce, estates, and insurance disputes

Much of our work is for individual owners: someone documenting a boat donation on IRS Form 8283, a couple dividing a boat in a divorce, a family settling an estate that includes a vessel, or an owner disputing a total loss or diminished value settlement with an insurer.

Lenders, dealers, and advisors

Collateral values, fleet inventory, and the professionals behind them

We also work with marine lenders that need a collateral value before financing, dealers and rental operators valuing fleet or trade-in inventory, and the attorneys, CPAs, and fiduciaries handling those matters.

The marine team behind every report we write

Between them, our marine appraisers hold CAGA designations, and every report is written to USPAP for the IRS, insurance agencies, lenders, 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.

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

What clients say we are known for

AppraiseItNow Reviews: “AppraiseItNow was excellent to work with” and “I love your professional service”

  1. Being the appraiser they come back to“I would gladly use them again” Scott H.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Taking on items other appraisers had already turned downMentioned in 14 reviews
  4. Showing the research and the comparables behind the numberMentioned in 29 reviews
  5. Delivering the finished report ahead of the deadlineMentioned in 21 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and 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 love the online appraisal format to give me a good idea of what my boat is worth without showing the boat. The appraisal fee is more than reasonable, and I love your professional service!
    Tak-ming K. , Wasilla, AK ·

    Boat Appraisal for Charitable Donation

  • We recently used AppraiseItNow for one of our clients and couldn’t be happier with the experience. The customer service was excellent, and Joe was quick to respond to all of our questions. He provided everything we needed promptly and made the process smooth from start to finish. Thank you!
    Alice T. , Bayville, NJ ·

    Boat Appraisal for Insurance Coverage

  • AppraiseItNow delivered a fair, well-supported appraisal that met all required standards. Their team was professional, responsive, and fast throughout the process. I would gladly use them again.
    Scott H., Rangeley,ME ·

    Boat Appraisal for Charitable Donation

  • AppraiseItNow helped us appraise a very unique set of propulsion boats. Service was top notch and provided incredible value for the cost!
    Austin S., San Francisco, CA ·

    Boat Appraisal for Loan Collateral

  • AppraiseItNow was excellent to work with. They delivered exactly what I needed and were incredibly responsive throughout the process. I’d definitely recommend them!
    Jorge M. , Beaumont, TX ·

    Boat Appraisal for Insurance Claim

  • Very straightforward and efficient way to gain a quality certified boat appraisal. I will suggest AppraiseItNow to all my boating friends!
    Michael L., Wake Forest, NC ·

    Boat Appraisal for Loan Collateral

How much does a boat appraisal cost?

Standard Fee Range

$195 – $495

Standard range for our Boat appraisals based on past projects

  • Fixed fee quoted before any work starts
  • No hourly billing
  • USPAP-compliant report, accepted by insurers, courts and the IRS

Two report tiers. Your intended use sets which one you need.

Standard Boat Appraisals

from $195

USPAP-compliant report for standard purposes

  • Personal Use
  • Bonded Title

Advanced Boat Appraisals

IRS-qualified

from $295

USPAP-compliant and IRS-qualified report for advanced purposes

  • Charitable Donations
  • Estate Tax & Distributions
  • Insurance Claims
  • Divorce
  • Legal Purposes

Pricing By Volume

Please note that the fees listed below are for informational purposes and are subject to change. Our team will review your materials and issue your quote before we get started.

  1. 1 vehicle

    $195 – $495

    Single-vehicle appraisal

  2. 5 vehicles

    $795 – $1500

    Small fleet or collection pricing

  3. 10+ items

    $1800 – $4500+

    Large fleet—discounted aggregate pricing

What Drives Cost?

  • Intended use of the appraisal (insurance coverage, personal use, probate, estate tax, charitable donation, or other legal purposes)
  • Scope and complexity of vehicles (specialty, modified, vintage, or limited-production models)
  • Damage or condition analysis requested
  • Documentation quality – clear photos, VINs, service history, and provenance streamline the analysis
  • Volume and item mix – number of vehicles and any related assets (e.g., trailers) included
  • Timeline requirements and coordination needs

Our Boat appraisal fees are transparent, scope-based, and designed to be fully USPAP-compliant for your intended use. We don't bill by the hour and will propose a fixed fee before we start our work, so you'll know exactly what you are paying before engaging our team. Please note that the pricing outlined here is strictly for informational purposes; before issuing your quote, we will need to get a better understanding of your assets so we can properly scope the assignment.

Boat Appraisals Available Anywhere in the US

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Frequently Asked Questions: Boat & Watercraft Appraisals

What types of boats and watercraft does AppraiseItNow appraise?

We appraise a wide range of boats and watercraft classified as personal property, including powerboats, sailboats, yachts, personal watercraft (PWCs), fishing boats, work boats, specialty and custom vessels, vintage and classic boats, and multi-unit fleets or collections.

What is the difference between a boat appraisal and a marine survey?

A boat appraisal focuses on value, while a marine survey focuses on condition and seaworthiness. An appraisal may reference observable condition as it relates to value, but it does not replace a marine survey. Some assignments require both services, depending on the intended use. AppraiseItNow offers marine survey services for applicable assignments and will advise on the appropriate scope and coordinate when a survey is needed.

Can you handle insurance claims or total loss valuations?

Yes. We regularly prepare appraisals for insurance coverage, total loss determinations, and value disputes. These reports are structured to support insurer review and may involve additional scope when negotiation or clarification is required.

How much does a boat or watercraft appraisal cost?

Fees are scope-based and quoted as a fixed price before work begins. Pricing depends on vessel type, size, complexity, intended use, and whether an onsite inspection or marine survey is required. Final fees are confirmed after reviewing asset details and scope.

How long does a boat appraisal take?

Most boat and watercraft appraisals are completed within 5–10 business days once all required information is received. Timelines may vary for complex vessels, fleets, or survey-based assignments.

What are the IRS's requirements for boat donation appraisals?

The IRS specifies in Publication 561 that: "Except for inexpensive small boats, the valuation of boats should be based on an appraisal by a marine surveyor because the physical condition is so critical to the value."

While unclear what defines "small" or "inexpensive," AppraiseItNow understands that boats exceeding 40' in length will require a marine survey. This is something we can guide you through once we get in touch! AppraiseItNow prepares hundreds of Form 8283-compliant donation appraisals each year, including for boat donations.