top of page
Machinery & Equipment Appraisal

The appraisal of Machinery & Equipment is an important component of the valuation services offered by Thorvaldson Appraisal Ltd. and Verra Group Valuation Inc.  We provide a broad range of machinery and equipment valuation services across Canada, including individual assets, heavy equipment, rolling equipment, laboratory assets, agricultural and agri-business equipment, production lines and entire facilities.  It is quite common that our clients require a machinery and equipment appraisal as part of a larger real estate transaction or business transfer, and quite often we are called upon to appraise both the real estate and the machinery and equipment assets.  Our diversity is key to our value proposition.

Our machinery and equipment appraisals are used to assist with lender financing, determination of purchase price, allocation of purchase price, a number of different insurance purposes including loss settlement, leasing, corporate decision making and internal management considerations, and taxation.  We also offer inventory valuation, a specialized appraisal area.

We discuss the range of values offered in machinery and equipment valuation with our clients to ensure the type value used in our reports is both suitable and appropriate for the situation.  Value types include Fair Market Value – In Continued Use, Fair Market Value – Installed, Fair Market Value (FMV), Orderly Liquidation Value (OLV), Forced Liquidation Value (FLV), Insurance values including Insurance Value Depreciated, Actual Cash Value (ACV) and Replacement Cost New (RCN)

Our accredited machinery and equipment appraisers complete appraisal reports in accordance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the Uniform Standards of Professional Appraisal Practice (USPAP).  Our reports are accepted world-wide and meet international valuation standards established by the International Valuation Standards Council (IVSC) and the European Valuation Standards (EVS). 


We are experienced in providing professional machinery & equipment valuations.

  • Agricultural Equipment

  • Automotive Equipment

  • Construction Equipment

  • Forestry Equipment

  • Transportation Equipment

  • Material Handling And Lift Equipment

  • Medical Equipment

  • Metal Fabrication

  • Industrial Equipment

  • Production And Manufacturing Equipment

  • Food Processing Equipment

  • Restaurant Equipment

  • Process Piping

  • Laboratory Equipment And Testing Equipment

  • Specialty Plant Equipment

  • Inventory Valuation

Contact - Darrell Thorvaldson AACI, P. App, ASA

View CV

Phone Number: 204 338 1454      


bottom of page