The Appraisal Process
Daventry Appraisal Services abides by a strict code of ethics as established by the Appraisal Standards Board and the Uniform Standards of Professional Appraisal Practice (USPAP) to provide a fair and unbiased opinion. Daventry appraisals are considered qualified for legal purposes internationally and we are also considered a qualified appraiser by the Internal Revenue Service (IRS).
When completing an agricultural appraisal, most often a sales comparison approach is used. Comparison of the subject item or animal is done with other similar items or animals that have sold in the recent past. From these values of similar sales, a composite figure is calculated representing the fair market value of the subject item or animal. This value is time sensitive due to economics and trends in the agricultural industry.
The End Result
The client is provided with a thorough, professional report which normally contains a full written description of the item and/or animal, photographs, analysis of the item or animal and other supporting market data to back up the conclusions and valuation.
If you are interested in having an appraisal done, please contact us directly.
Donation Appraisals $500
Used for tax donations to accurately estimate the value of an item or animal. Discount for multiple items or animals.
Insurance Appraisals $600
Completed for insurance coverage or death-claim reimbursement. In the case of a deceased animal or destroyed item, this appraisal assumes facts that would ordinarily be obtained through the physical inspection of the animal or item. Also used for determining value of frozen semen, frozen embryos, Intracytoplasmic Sperm Injection (ICSI) breeding doses, horse tack, farm equipment, veterinary medical equipment, and trailers. Discount for multiple items or animals.
Litigation Appraisals $700 & up
Frequently used for litigation, loans, bankruptcy, disputes, divorce, and estate settlements. Includes extensive research on the item or animal's background, i.e. pedigree, production history. These reports are admissible in a court of law. Discount for multiple items or animals. Contact us directly for a custom quote.
* Appraisals requiring a rush job (less than 10 days) may be subject to additional fees.
Expert witness court testimony or deposition $600/day
Travel, hotel expenses, etc. must also be covered and are in addition to our expert witness fee.
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Trial, hearing or deposition preparation $800 & up
A few of the other services we offer: $350 & up
Payment in full is required to begin an appraisal. Appraisals requiring a rush job (less than 10 days) or appraisals involving litigation, divorce or bankruptcy must be paid via cash, eTransfer, money wire transfers or retainer through an attorney or insurance company. The appraisal fee may be subject to additional mileage fees, if applicable. Normal time required for a single animal appraisal is 10 to 14 days from receipt of pertinent information and payment. We do offer rush service for an additional fee for clients who require a report in 9 days or less.
GST to be added on top of all listed prices for Canadian residents.
Discounts available for multiple animals or items.
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