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I recommend AppraiseItNow Inc. highly… I would use them again
They diligently researched both equipment items and provided well-documented reports
AppraiseItNow was able to provide me exactly what I needed on a timely basis
DEFENSIBLE, USPAP-COMPLIANT WOODWORKING EQUIPMENT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, INSURANCE AGENCIES, LENDERS, AND MORE.
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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.
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.
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.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow provides certified woodworking equipment appraisals for tax filings, insurance coverage and claims, estate and divorce proceedings, asset-based lending, and business transactions, as a specialized subset of our broader equipment and machinery appraisal services.
Scope of the engagement
The subject may be a single industrial table saw or an entire cabinet shop outfitted with CNC routers, wide-belt sanders, and dust collection systems. Our appraisers deliver accurate, well-documented valuations either way.
How we work
Many woodworking equipment appraisals are completed remotely using photographs, serial numbers, and equipment records. We coordinate an onsite inspection when asset condition, operational status, or scope complexity requires a physical review.
We appraise woodworking equipment across production, finishing, and material handling categories, covering both stationary shop machinery and portable professional-grade tools.
Cutting and machining
The machines that break down stock and cut joinery:
Surfacing and shaping
The machines that flatten, thickness, sand, and profile the work:
Finishing and assembly
The assembly, finishing, and air handling equipment that completes a shop:
AppraiseItNow serves woodworking business owners, shop operators, and individual craftspeople, alongside the attorneys, CPAs, estate planners, lenders, and insurance professionals who need an independent, credentialed valuation for a legal, financial, or tax matter.
Shops and craftspeople
Cabinet makers, millwork shops, furniture manufacturers, custom woodworking studios, and individual craftspeople engage us directly when their equipment needs an independent value.
Advisors and insurers
Attorneys, CPAs, lenders, estate planners, and insurance agents rely on our woodworking equipment appraisals to support a client's legal, financial, or tax-related matter.
What woodworking equipment appraisal clients say we are known for
Across 16 published woodworking 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.
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.
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.
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!
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!
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.
Medical Equipment Appraisal for Charitable Donation
Submit estimate or list of items for our review.
We'll share a flat fee quote for your approval.
Submit details on all of your items for our review.
We'll conduct detailed research and prepare a written USPAP-compliant report.
Delivery of your report and supporting documents (e.g., signed IRS Form 8283) by email.
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:
From named market sources: Surplus Record's machinery marketplace, auction platforms such as BidSpotter, dealer price lists, and industry auction houses. Table saws, planers, edge banders, and CNC routers trade actively enough that recent sales usually drive value, while specialized or custom tooling with sparse resale data shifts to replacement cost less depreciation.
Beyond physical wear, appraisers deduct functional and economic obsolescence: outdated controls, slower feed rates, missing current safety guards, or no dust-collection interface all reduce market desirability. A wide-belt sander or manual shaper that looks serviceable can still appraise well below expectations because buyers compare it against current-technology alternatives. Ignoring this routinely overstates value versus real auction results.
No, that is a common misunderstanding. Form 8283 applies only to noncash charitable contributions, where a qualified appraisal is required for donated property over $5,000. Appraisals for lending, divorce, insurance, or financial reporting rely on USPAP and professional valuation standards instead; there is no dedicated IRS form for equipment appraisals in general.
No. Income methods apply only where a machine has a separable income stream, such as a leased asset. Treating the whole shop's net income as if one router or edge bander generated it misallocates business value to a single machine and typically overstates its fair market value compared with what market comparables and the cost approach support.