{"id":12418,"date":"2010-09-15T20:23:26","date_gmt":"2010-09-16T00:23:26","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/appraising-custom-machinery-and-equipment\/"},"modified":"2022-12-29T06:43:14","modified_gmt":"2022-12-29T11:43:14","slug":"appraising-custom-machinery-and-equipment","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/","title":{"rendered":"Appraising Custom Machinery and Equipment"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>For an experienced <a href=\"http:\/\/www.nebbinstitute.org\/maps\/index.php\">certified machinery and equipment appraiser<\/a> (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process. A CMEA will take into consideration various factors to <a href=\"..\/2010\/08\/11\/machinery-and-equipment-assets-common-definitions-of-value\/\">determine value<\/a> of a piece of equipment, such as its original price, its age, depreciation ranges, and its current market value. While it takes a certain level of expertise, clear-cut fair market value can be determined because of the data that exists regarding numerous comparable pieces that are in the marketplace.<\/p>\n<p>It is much more difficult to establish values, however, for custom machinery and equipment, including dies and molds for very specific industries. This type of equipment may be one of a kind, meaning there is no comparable data, and value is much more difficult to determine. This is when experience and training really matter. A <a href=\"..\/2010\/04\/28\/the-difference-between-certified-and-non-certified-appraisals\/\">non-certified appraisal<\/a> can be anything, including just a piece of paper with a company letterhead, and a list of items and prices.<\/p>\n<p>When valuing custom machinery and equipment, there are many factors to consider, such as its production cost, the value of its usage, the cost of its replacement, depreciation, salvage value, and scrap value. When you need to know what it\u2019s worth, you should always rely on the skills and expertise of a CMEA to make the right calls in order to determine the true fair market value of your custom equipment.<\/p>\n<p>By: <a href=\"https:\/\/www.certitrek.com\/nebb\/\">NEBB Institute<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>For an experienced certified machinery and equipment appraiser (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process. A CMEA will take into consideration various factors to determine value of a piece of equipment, such as its original price, its age, depreciation ranges, and its current [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[31,125,126,51,78,35,43,127,128],"class_list":["post-12418","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-certified-machinery-and-equipment-appraiser","tag-custom-equipment","tag-custom-machinery","tag-depreciation","tag-machinery-equipment-appraisal","tag-nebb-institute","tag-non-certified-appraisal","tag-production-cost","tag-replacement-cost"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Appraising Custom Machinery and Equipment - NEBB Institute<\/title>\n<meta name=\"description\" content=\"For an experienced certified machinery and equipment appraiser (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Appraising Custom Machinery and Equipment\" \/>\n<meta property=\"og:description\" content=\"For an experienced certified machinery and equipment appraiser (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2010-09-16T00:23:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-29T11:43:14+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Appraising Custom Machinery and Equipment\",\"datePublished\":\"2010-09-16T00:23:26+00:00\",\"dateModified\":\"2022-12-29T11:43:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/appraising-custom-machinery-and-equipment\/\"},\"wordCount\":415,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"keywords\":[\"certified machinery and equipment appraiser\",\"custom equipment\",\"custom machinery\",\"depreciation\",\"Machinery &amp; 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