Virginia Equipment Appraisers

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Equipment appraisals in Virginia for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises manufacturing equipment, construction machinery, agricultural equipment, medical devices, and industrial tools across Virginia, including Richmond, Virginia Beach, and Norfolk.

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

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

Credentialed Appraisers Serving Virginia

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

AppraiseItNow provides professional equipment and machinery appraisals throughout Virginia for a wide range of purposes, including charitable donations, lending and financing, mergers and acquisitions, and financial reporting. Whether you operate a manufacturing facility in Richmond, a data center in Northern Virginia, a maritime operation in Hampton Roads, or a mining or processing business in rural Virginia, our credentialed appraisers have the industry knowledge to deliver accurate, defensible valuations.

We offer both remote and onsite appraisal options to accommodate businesses and individuals across every region of the state, from urban industrial corridors to rural agricultural and processing operations. Our appraisers assess equipment and machinery using the methodology best suited to your specific purpose and situation. 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 Virginia?

Our appraisers cover a broad spectrum of equipment and machinery asset classes across Virginia's diverse industrial and commercial sectors, including:

  • Manufacturing and production machinery
  • Mining and mineral processing equipment
  • Medical and diagnostic equipment
  • Restaurant and commercial kitchen equipment
  • Construction and heavy equipment
  • Agricultural and dairy machinery
  • Broadcasting and telecommunications equipment
  • Dry cleaning and laundry equipment
  • IT infrastructure and data center hardware
  • Advanced recycling and waste processing equipment

Virginia's unique regulatory environment, which segregates machinery and tools used in manufacturing, mining, processing, and other qualifying industries as a separate class of tangible personal property for local taxation, makes accurate appraisals especially important for businesses operating in these sectors. Our appraisers are familiar with Virginia's machinery and tools tax classifications, including special categories for precision investment castings, national defense manufacturing, and renewable energy production equipment, ensuring valuations are thorough and appropriate for their intended purpose.

Who Does AppraiseItNow Serve in Virginia?

AppraiseItNow serves a wide range of clients across Virginia, including business owners, lenders, accountants, attorneys, nonprofit organizations, and corporate finance teams who need credentialed, USPAP-compliant equipment and machinery appraisals for tax compliance, financing, transactions, or reporting purposes.

What Virginia clients say we are known for

Virginia 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 Virginia 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 Virginia Equipment Appraisers

What documentation makes an equipment appraisal stronger?

Asset-level detail: make and model, serial numbers, year, capacity, configuration, purchase date and cost, condition, maintenance history, and remaining economic life. The more of that record a Virginia owner can produce, the tighter the comparable matching and the more defensible the conclusion, particularly for lenders and courts.

When do we use the cost approach for machinery?

When market data is thin or the assets are specialized, we develop current replacement cost from manufacturer quotes, vendor pricing, and cost guides such as Marshall Valuation Service, then deduct physical, functional, and economic depreciation. For common equipment with active resale markets, sales comparison evidence usually leads instead.

Does Virginia require a state license to appraise machinery and equipment?

No, Virginia's appraiser licensing scheme in Title 54.1, Chapter 20.1 covers real estate appraisals only and does not regulate personal property appraisers. What courts, lenders, and the IRS look for instead is a USPAP-compliant report from a qualified machinery and equipment appraiser with documented market support.

How does Virginia value machinery and tools for local tax?

By statute, through depreciated cost or a percentage of original capitalized cost, not a current market appraisal. Virginia Code § 58.1-3507 segregates machinery and tools used in manufacturing, mining, processing, and similar industries as their own class, taxed at locally set rates, and qualifying equipment cannot be assessed as real estate even when it is bolted to the building.

Can an independent appraisal change a Virginia machinery and tools assessment?

Yes. On a taxpayer's written request, § 58.1-3507(B) requires the commissioner of the revenue to consider any bona fide, independent appraisal presented. When a percentage-of-cost schedule overstates what aging or specialized equipment would actually bring, a documented appraisal is the statutory lever for getting the assessment revisited.