Agricultural Equipment Appraisal

5.0from 80+ client reviews
Agricultural equipment appraisal services for asset-backed lending, insurance coverage, and estate tax (Form 706), prepared in accordance with USPAP. AppraiseItNow appraises tractors, combines, planters, irrigation systems, and tillage equipment.

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

  • U.S. Small Business Administration
  • Chase
  • Wells Fargo
  • Bank of America
  • Nationwide Insurance
  • U.S. Bancorp
  • IRS

The machinery and equipment team behind every report we write

Between them, our machinery and equipment 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.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

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
USPAPAgricultural equipment appraisals are prepared to USPAP by independent, credentialed appraisers.
Value definitions
FMV, OLV, FLV, ReplacementFair Market Value, Orderly Liquidation Value, Forced Liquidation Value, and Replacement Value, matched to the intended use.
Delivery
Online or onsitePhotographs, serial numbers, and operational records for most appraisals; onsite inspection when complexity, lender requirements, or condition disputes call for it.
Coverage
All 50 statesFarm owners, agribusinesses, lenders, estate attorneys, CPAs, and insurance professionals across all 50 states.

AppraiseItNow values tractors, combines, irrigation systems, and the full range of farm machinery

AppraiseItNow provides fast, fully online or onsite agricultural equipment appraisals for tax filings, estate planning, insurance coverage and claims, asset-based lending, charitable donations, and financial reporting, covering the machinery used in crop production, livestock operations, and specialty agriculture.

Why farm assets differ

Seasonal use, regional markets, and a wide range of condition

Agricultural equipment presents its own valuation challenges: seasonal use patterns, regional market variation, and the wide range of condition states found across working farm assets. Our appraisers account for each in the report, as a specialized subset of our equipment and machinery appraisals.

How we work

Remote from photographs and records, onsite when verification is required

Many agricultural equipment appraisals are completed remotely using photographs, serial numbers, and operational records. We coordinate an onsite inspection when asset complexity, lender requirements, or a condition dispute requires physical verification.

Value definitions

Fair Market, Orderly Liquidation, Forced Liquidation, or Replacement Value

We offer four definitions of value for agricultural equipment, and the intended use of the report decides which one applies:

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

Crop, livestock, and specialty farming operations each run on agricultural equipment we know how to value

We appraise agricultural equipment across crop, livestock, and specialty farming operations, from row-crop tractors and combines to center pivots, squeeze chutes, and orchard harvesters.

Power and planting

Tractors, planters, tillage, and sprayers

The machinery that prepares, plants, and treats a field:

  • Row-crop, utility, and articulated 4WD tractors
  • Planters, seeders, and precision planting systems
  • Plows, discs, cultivators, and field conditioners
  • Sprayers, self-propelled and pull-type, GPS-guided

Harvest

Combines, forage equipment, and specialty harvesters

Harvest equipment for grain, hay, and specialty crops:

  • Combines, headers, and grain harvesting equipment
  • Balers, mowers, rakes, and forage harvesters
  • Specialty harvesters for orchards, vineyards, vegetables

Infrastructure

Irrigation, livestock handling, and grain storage

The systems that water the crop, handle the herd, and store the grain:

  • Center pivots, lateral moves, drip irrigation
  • Feeders, squeeze chutes, and confinement systems
  • Augers, conveyors, and grain bins

We prepare agricultural equipment valuations for farm owners, agricultural lenders, and estate advisors

We serve farm owners, agricultural lenders, estate attorneys, CPAs, and agribusiness operators who need a credible, independent valuation for tax, legal, financing, or insurance purposes, and the individual farmers, family estates, and charitable donors working through an equipment transfer or IRS filing.

Operators and lenders

Farm owners, agribusinesses, and the lenders who finance them

Farm owners, agribusiness operators, and agricultural lenders engage us when financing, insurance, or a tax position depends on an independent value for the equipment.

Families and donors

Family estates, individual farmers, and charitable donors

Individual farmers, family estates, and charitable donors work with us through equipment transfers and IRS filings, alongside the estate attorneys and CPAs who prepare them.

What agricultural equipment appraisal clients say we are known for

Agricultural Equipment Appraisal Reviews: “I would definitely use them again” and “I highly recommend the AppraiseItNow team”

  1. Being the appraiser they come back to“I would definitely use them again” Richard A.Mentioned in 11 reviews
  2. Answering fast, and staying reachable while the work runs“They were responsive and timely from start to finish” Julia P.Mentioned in 6 reviews
  3. Showing the research and the comparables behind the number“They diligently researched both equipment items and provided well-documented reports” Bob H.Mentioned in 5 reviews
  4. Taking on items other appraisers had already turned downMentioned in 4 reviews
  5. Delivering the finished report ahead of the deadline“They did it quickly” Phil L.Mentioned in 3 reviews

Across 16 published agricultural equipment appraisal reviews, every one from a client who paid AppraiseItNow for an appraisal, 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 recommend AppraiseItNow Inc. highly. I needed an appraisal of fair market value for geologic laboratory equipment for charitable donations to three universities. The unique items and limited secondary market complicated the valuation. They provided a sound, verifiable estimate and the 8283 forms that I was able to use in my tax filings. I would use them again.
    Alan B. , Denver, CO ·

    Lab Equipment Appraisal for Charitable Donation

  • AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
    Bob H. , Dallas, TX ·

    Machinery & Equipment Appraisal

  • I needed an IRS-qualified appraisal for an unusual and costly piece of medical equipment. AppraiseItNow was able to provide me exactly what I needed on a timely basis. The personnel at the company are very friendly and helpful. I would definitely use them again.
    Richard A., Oakland County, MI ·

    Medical Equipment Appraisal for Charitable Donation

  • Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
    Ana R. , Lawrence, MA ·

    Machinery & Equipment Appraisal for Bankruptcy Filing

  • I highly recommend the AppraiseItNow team. They were responsive and timely from start to finish, and the whole process was seamless. The final report was super detailed and gave me all the information I needed. I am so glad I hired them and would recommend them to anyone needing an appraisal!
    Julia P., Philadelphia, PA ·

    Technology Equipment Appraisal for Divorce

  • They did an appraisal of medical equipment for donation. They did it quickly, and I received a blank form 8283 signed by the appraiser. It was what I needed. The price was higher than I wanted to spend on an appraisal, but a lot lower than other appraisers. AppraiseItNow was very responsive and communicative, and the other appraisers were not. I would use them again.
    Phil L., West Linn, OR ·

    Medical Equipment Appraisal for Charitable Donation

Agricultural Equipment Appraisals Anywhere in the US

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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 an Agricultural Equipment appraisal cost?

Standard Fee Range

$695 – $2200

Standard range for our Agricultural Equipment 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 Agricultural Equipment Appraisals

from $295

USPAP-compliant report for standard purposes

  • Insurance Coverage
  • Personal Use
  • Probate Court
  • Estate Distribution

Advanced Agricultural Equipment Appraisals

IRS-qualified

from $395

USPAP-compliant and IRS-qualified report for advanced purposes

  • M&A Due Diligence
  • Asset-Backed Loans
  • IRS Purposes
  • Insurance Claims
  • 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 item

    $295 – $595

    Single machine appraisal

  2. 10 items

    $995 – $2200

    Small fleet or mixed equipment set; varies if conducted onsite

  3. 50+ items

    $5K – $10K+

    Larger inventory; frequently done in-person

What Drives Cost?

  • Variety of equipment categories, models, and technical complexity
  • Quantity of line items and duplicate SKUs to analyze
  • Condition differences and any need for onsite verification or additional research
  • Documentation quality – clear photos, serial numbers, specifications, and maintenance logs streamline analysis
  • Intended use of the appraisal (insurance, tax, financial reporting) and compliance requirements

Our Agricultural Equipment 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 produce written equipment appraisal reports for lending, insurance, charitable donations, and litigation

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

Transactions, Lending & Investment

Life Events & Special Circumstances

  • Divorce
  • Social Security reporting or Medicaid Application Filings
  • E-2 visa applications

Frequently Asked Questions on Agricultural Equipment Appraisals

How do appraisers determine the value of agricultural equipment?

Primarily through the sales comparison approach: recent sales of similar machinery adjusted for age, condition, features, and location. Our appraisers triangulate several sources, including IronGuides (the farm equipment industry’s transaction-based guide), auction sale records, and closed private sales, rather than relying on a single asking-price website. When market data is thin, the cost approach (replacement cost new less depreciation) or income approach supplements the analysis.

What information should I gather before a farm equipment appraisal?

Make, model, serial number, engine hours, attachments and configuration, maintenance history, and purchase date and price where available. Missing serial numbers, unknown hours, or undocumented rebuilds force broader assumptions and weaken the conclusion, because the appraiser cannot support adjustments to comparable sales with confidence.

Is an appraisal required to donate farm machinery?

Generally yes when the claimed deduction exceeds $5,000: the IRS requires a qualified appraisal and Form 8283, and contributions over $500,000 generally require attaching the appraisal itself to the return. The appraisal must identify the property and state its value as of the donation date; a vague fair value memo is not sufficient. See the IRS substantiation requirements for charitable contributions.

How is farm equipment valued for an estate?

At fair market value as of the decedent’s date of death for Form 706, not at book value or insurance value. This matters for machinery held in an operating farm business or family trust, because the defensible tax value can diverge sharply from accounting depreciation schedules.

Why is replacement cost not the same as market value for farm machinery?

Because replacement cost reflects what a new substitute would cost, while market value reflects what buyers actually pay for the machine in its current age and condition. Presenting replacement cost, an asking price, or an insurance figure as market value is the most common and costly owner mistake, and it can materially overstate the value of older or specialized machinery.