MARINE VESSELS

While most evaluations of equipment are termed appraisals, Marine Vessel evaluations are called Surveys. The term Marine Vessels covers a very broad range of Equipment, ranging from the smallest boat to the largest of ships. The age and condition of Marine Vessels is a major consideration in their evaluation due to the harsh environment most boats and ships are subjected to. Typically Marine Vessels are surveyed as personal property at Market Value. A critical issue in the evaluation of a vessel is that of the condition of its engine or engines. The cost of repowering a vessel can be significant to its overall value.

The firm of ELLIOTT® & Company Appraisers is able to provide evaluation services on Marine Vessels whether the project is large or small. Our Survey service is available anywhere in the United States and in many international locations.

 

 

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