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Equipment appraisals in Ohio for donations, lending, M&A, and financial reporting, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises manufacturing equipment, construction machinery, agricultural equipment, industrial tools, and fleet vehicles across Ohio, including Columbus, Cleveland, and Cincinnati.
DEFENSIBLE, USPAP-COMPLIANT TOOL APPRAISAL REPORTS — QUALIFIED FOR THE IRS, OHIO COURTS, LENDERS, INSURERS, 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 appraises machine tools, tooling, fixtures and production equipment in Ohio for lending and refinancing, buy and sell agreements, charitable gifts, financial reporting, estates, and insurance. Owners in Canton and Lima ask us the same opening question: what would somebody actually pay for this floor.
Tooling and small tools
Bench tools, measuring equipment, jigs and dedicated fixtures rarely move one at a time. We value them by category against completed industrial auction results and dealer asking prices, and carry shop built tooling at what rebuilding it would cost less the wear it has taken.
Production machinery
On a machining center with live tooling or a cell that was integrated once and never moved, configuration drives the figure, and so does what rigging, freight and reinstallation would cost a buyer. Earthmoving and lifting machines sit on our Ohio heavy equipment page.
Whole shops
When a shop closes or changes hands the question is what the floor brings together rather than piece by piece. Assets are grouped by category, slow sellers are named as such, and the premise of value is stated on the first page.
A bank writing against equipment wants to know what the collateral brings if it has to be sold quickly. A buyer wants what the floor is worth running. An executor wants one fixed date defended in writing. The reason for the appraisal decides far more than its format.
Lending and refinancing
Orderly and forced liquidation figures sit beside fair market value, with the comparable sales and the depreciation reasoning laid out. The report is written so underwriting can check the work without calling us. Where a lender needs an inspection, the condition notes travel with the numbers.
Gifts, estates, and claims
A donated machine needs a Form 8283 figure with its support. An estate needs value as of the date of death. A damaged machine needs what it was worth the moment before. We fix the date first and everything else follows from it.
Neither rule sets a value. Both decide what happens around one: how a lender may sell equipment it has taken, and how little of a trade's own tools a judgment has to leave alone.
Secured sales
Commercially reasonable
every aspect of a disposition, including its method, manner, time and place
After a default a secured party may sell, lease, license or otherwise dispose of collateral, but every aspect of that disposition, including the method, manner, time, place and other terms, has to be commercially reasonable. A sale qualifies where it is made in the usual manner on a recognized market, at the price current in that market, or otherwise in conformity with reasonable commercial practices among dealers in that type of property. Ohio adds that the fact a greater amount could have been obtained at a different time or by a different method is not of itself enough to defeat commercial reasonableness. Evidence of what the equipment was worth, and of where that kind of equipment trades, is what both sides argue from.
Tools of trade
$2,025
the aggregate interest in implements, books and tools a judgment cannot reach
Ohio holds exempt from execution, garnishment, attachment or sale a person's interest, to an aggregate the section now states as $2,025, in all implements, professional books or tools of that person's profession, trade or business, including agriculture. Each dollar amount in the section is readjusted every third April against the consumer price index for all urban consumers and rounded to the nearest twenty five dollars, so the operative figure moves over time. On a working shop floor the exemption covers a thin slice of what is there, which is why a judgment or a filing turns into a valuation exercise over everything above it.
What Ohio clients say we are known for
Across 16 published Ohio 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.
Great experience. Joe was super helpful. Got my appraisal in just a couple days and it was very detailed. Will definitely be using this company again!
Medical 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 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
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
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
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:
Primarily through the market approach, using sales data from industrial auction platforms such as BidSpotter, Ritchie Bros., and Proxibid plus used equipment dealer listings. For shop-built jigs, fixtures, and specialized tooling with no active resale market, we shift to the cost approach: replacement cost new less physical, functional, and economic depreciation.
No. Accounting book value and tax basis are conventions, not market evidence, and older tools frequently retain substantial resale value after full depreciation. The reverse also happens: relatively new equipment can be impaired by technological obsolescence. An appraisal starts from market comparables or replacement cost, never the depreciation schedule.
Ohio Admin. Code 5703-3-10 requires tangible personal property to be appraised as part of an ongoing business unless the taxpayer shows a piecemeal disposal basis is more accurate, with true value defined by an arm's-length sale. We state the premise of value explicitly in every Ohio tool and equipment report so the conclusion matches its intended use.
A disinterested person the fiduciary appoints and the court approves, whenever values are not readily ascertainable under R.C. 2115.06. The appointment is made on Form 3.0, filed before or with the Inventory and Appraisal (Form 6.0), and the appraiser signs the inventory under oath to value the property honestly and impartially.
Not when a pre-sale appraisement is required. Some local rules let gross auction proceeds stand in for a formal appraisal on smaller tangible property, but where the statute or court mandates an appraisal, the valuation must precede the sale; auction proceeds may inform later accountings without substituting for it.
