Workshop 551 – Student Reference Manual

Valuation of Machinery & Equipment Advanced Concepts SRM. Exam not included.
This workshop is designed to provide a formal; systematic; comprehensive program of study for those who assess personal property; specifically machinery and equipment. The very nature of most personal property item provides a challenge in proper valuation – the diversity; mobility or adaptability; and the forces affecting value of personal property frequently make it far more difficult than real property to discover; list and value. The end goal in the appraisal of machinery and equipment is an estimation of market value that is both accurate and equitable. There are three accepted approaches to value. The content of this workshop includes specific application of the three approaches.