Yacht Appraisal

5.0from 80+ client reviews
Yacht appraisal services covering insurance coverage, loan financing, and divorce, prepared in accordance with USPAP. AppraiseItNow appraises sailing yachts, motor yachts, superyachts, sport cruisers, and trawlers.

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DEFENSIBLE, USPAP-COMPLIANT YACHT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.

  • Progressive Insurance
  • GEICO
  • Chase
  • State Farm
  • Bank of America
  • United States Courts
  • Allstate
  • IRS

The marine team behind every report we write

Between them, our marine appraisers hold CAGA designations, and every report is written to USPAP for the IRS, insurance agencies, lenders, 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.

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
Standard
USPAPCredentialed appraisers prepare every yacht report in accordance with USPAP.
Delivery
Remote or onsiteSet by vessel size, location, and intended use; larger or more complex vessels may need an onsite inspection.
Purposes
Insurance to bankruptcyInsurance coverage and claims, estate tax, divorce, charitable donations, loan collateral, and bankruptcy filings.
Size range
30 feet and upSailing yachts and sloops over 30 feet through superyachts and megayachts of 80 feet and above.

Our appraisers value yachts for insurance, estate tax, divorce, donation, lending, and bankruptcy filings

AppraiseItNow provides certified yacht appraisals for legal, financial, and compliance purposes, as a specialized subset of our boat and watercraft appraisal services. Yachts sit among the highest-value watercraft on the market, so the valuation has to hold when significant financial or legal decisions depend on it.

Purposes we serve

Six matters where a large number will be examined

We appraise yachts for the legal and financial matters where the conclusion will be read closely:

  • Insurance coverage and claims
  • Estate tax filings
  • Divorce and equitable distribution
  • Charitable donations
  • Loan collateral
  • Bankruptcy filings

How it is done

Remote from documentation, or aboard for larger vessels

Depending on the vessel's size, location, and the intended use of the appraisal, we complete the engagement remotely from documentation, photographs, and market data, or send an appraiser aboard for larger or more complex vessels.

Value definitions

Five definitions of value, matched to the intended use

We prepare yacht appraisals under the definition of value the assignment calls for:

  • Fair Market Value (FMV)
  • Replacement Value
  • Orderly Liquidation Value (OLV)
  • Forced Liquidation Value (FLV)
  • Actual Cash Value (ACV)

We appraise motor yachts, sailing yachts, superyachts, and classic vessels of every propulsion type

AppraiseItNow appraises yachts across size categories, hull types, and propulsion systems, production and custom-built alike, including vessels whose onboard systems and equipment materially affect value.

Production and cruising

Motor, sail, sport fishing, trawler, and catamaran yachts

The core range of production and semi-custom yachts our appraisers value:

  • Motor yachts: express cruiser, flybridge, pilothouse
  • Sailing yachts and sloops over 30 feet
  • Sport fishing yachts and convertibles
  • Trawler yachts and long-range cruisers
  • Catamaran yachts, power and sail

Large and specialized

Superyachts, expedition boats, liveaboards, and classics

Vessels whose size, history, or configuration puts them outside the usual comparables:

  • Superyachts and megayachts, 80 feet and above
  • Expedition yachts
  • Classic and vintage yachts with historical significance
  • Liveaboard yachts configured for full-time habitation

Yacht owners and their advisors rely on AppraiseItNow for independent valuations

We serve individual yacht owners alongside the estate attorneys, divorce attorneys, CPAs, lenders, and insurance professionals who need a credentialed, independent valuation for a legal, tax, or financial purpose.

Owners

A private owner working through a sale or a claim

Owners engage us when a sale, an insurance claim, an estate, or a divorce requires a documented value for the yacht and the paperwork behind it.

Professionals

Advisors managing a high-value estate or case

Estate executors, attorneys, CPAs, lenders, and insurance underwriters engage our appraisers when a client's filing, financing, or proceeding depends on an independent number.

What clients say we are known for

AppraiseItNow Reviews: “AppraiseItNow was excellent to work with” and “I love your professional service”

  1. Being the appraiser they come back to“I would gladly use them again” Scott H.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Taking on items other appraisers had already turned downMentioned in 14 reviews
  4. Showing the research and the comparables behind the numberMentioned in 29 reviews
  5. Delivering the finished report ahead of the deadlineMentioned in 21 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and 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 love the online appraisal format to give me a good idea of what my boat is worth without showing the boat. The appraisal fee is more than reasonable, and I love your professional service!
    Tak-ming K. , Wasilla, AK ·

    Boat Appraisal for Charitable Donation

  • We recently used AppraiseItNow for one of our clients and couldn’t be happier with the experience. The customer service was excellent, and Joe was quick to respond to all of our questions. He provided everything we needed promptly and made the process smooth from start to finish. Thank you!
    Alice T. , Bayville, NJ ·

    Boat Appraisal for Insurance Coverage

  • AppraiseItNow delivered a fair, well-supported appraisal that met all required standards. Their team was professional, responsive, and fast throughout the process. I would gladly use them again.
    Scott H., Rangeley,ME ·

    Boat Appraisal for Charitable Donation

  • AppraiseItNow helped us appraise a very unique set of propulsion boats. Service was top notch and provided incredible value for the cost!
    Austin S., San Francisco, CA ·

    Boat Appraisal for Loan Collateral

  • AppraiseItNow was excellent to work with. They delivered exactly what I needed and were incredibly responsive throughout the process. I’d definitely recommend them!
    Jorge M. , Beaumont, TX ·

    Boat Appraisal for Insurance Claim

  • Very straightforward and efficient way to gain a quality certified boat appraisal. I will suggest AppraiseItNow to all my boating friends!
    Michael L., Wake Forest, NC ·

    Boat Appraisal for Loan Collateral

Yacht Appraisals Anywhere in the US

Browse all states by region

How our Valuation Process Works

1

Appraisal Request

Submit estimate or list of items for our review.

2

Quote Issued

We'll share a flat fee quote for your approval.

3

Kickoff & Intake

Submit details on all of your items for our review.

4

Research & Analysis

We'll conduct detailed research and prepare a written USPAP-compliant report.

5

Report Delivery

Delivery of your report and supporting documents (e.g., signed IRS Form 8283) by email.

How much does a Yacht appraisal cost?

Standard Fee Range

$195 – $495

Standard range for our Yacht appraisals based on past projects

  • Fixed fee quoted before any work starts
  • No hourly billing
  • USPAP-compliant report, accepted by insurers, courts and the IRS

Two report tiers. Your intended use sets which one you need.

Standard Yacht Appraisals

from $195

USPAP-compliant report for standard purposes

  • Personal Use
  • Bonded Title

Advanced Yacht Appraisals

IRS-qualified

from $295

USPAP-compliant and IRS-qualified report for advanced purposes

  • Charitable Donations
  • Estate Tax & Distributions
  • Insurance Claims
  • Divorce
  • Legal Purposes

Pricing By Volume

Please note that the fees listed below are for informational purposes and are subject to change. Our team will review your materials and issue your quote before we get started.

  1. 1 yacht

    $195 – $495

    Single-yacht appraisal

  2. 5 yachts

    $795 – $1500

    Small fleet or collection pricing

  3. 10+ yachts

    $1800 – $4500+

    Large fleet—discounted aggregate pricing

What Drives Cost?

  • Intended use of the appraisal (insurance coverage, personal use, probate, estate tax, charitable donation, or other legal purposes)
  • Scope and complexity of yachts (specialty, modified, vintage, or limited-production models)
  • Damage or condition analysis requested
  • Documentation quality – clear photos, HINs, service history, and provenance streamline the analysis
  • Volume and item mix – number of yachts and any related assets (e.g., tenders) included
  • Timeline requirements and coordination needs

Our Yacht appraisal fees are transparent, scope-based, and designed to be fully USPAP-compliant for your intended use. We don't bill by the hour and will propose a fixed fee before we start our work, so you'll know exactly what you are paying before engaging our team. Please note that the pricing outlined here is strictly for informational purposes; before issuing your quote, we will need to get a better understanding of your assets so we can properly scope the assignment.

We deliver written boat and yacht appraisals for estate tax, charitable donations, divorce, and insurance claims

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

Life Events & Special Circumstances

Frequently Asked Questions on Yacht Appraisals

How is a yacht's market value determined?

Primarily through sales comparison: recent sold prices for comparable vessels of the same builder, model, year, engine package, region, and condition, drawn from broker databases, auction results, NADA/J.D. Power marine guides, and industry sales records. Sold prices matter far more than asking prices, and the analysis accounts for typical discounts from list and days on market in the segment.

When does charter income factor into a yacht appraisal?

When the vessel operates in charter or commercial service. Appraisers project charter revenue, deduct operating costs such as crew, maintenance, and marketing, and either discount the cash flows or capitalize net operating income. For a purely private recreational yacht, the income approach is rarely appropriate, and the market approach governs.

How are custom or one-off yachts valued without comparables?

Through the cost approach: estimating current replacement or new-build cost, including materials and labor, then deducting depreciation for age, wear, and functional or technological obsolescence. USPAP-based marine practice still requires the report to explain why sales comparison could not carry the assignment and how the cost inputs were developed.

What does open market value mean in a yacht appraisal?

The price a reasonably informed willing buyer would pay a reasonably informed willing seller, neither under compulsion. Insurers, mortgage lenders, and courts typically request this standard, and it must be supported by recent comparable sales rather than owner expectations or replacement cost alone. Our reports identify the value definition, data sources, and adjustments so the conclusion withstands lender and insurer scrutiny.

How is a yacht valued when it is no longer seaworthy?

On a salvage or residual basis: the appraiser values recoverable components, such as engines, electronics, and scrap hull material, and deducts disposal or breaking costs. That figure can be dramatically lower than a functioning-vessel market value, which is why restore-versus-sell decisions should start with this analysis rather than assumptions from guide values.