Services

There are three types of appraisals that we can perform. These are:

  1. Restricted Use Appraisal: This appraisal has a narrow scope of work and the only intended user is the client. This report can take into account that the client is knowledgeable about the property and does not require a detailed description. Market and value research and analysis will be limited. This format may be useful for a client interested in selling a work of art or receiving information on liquidation options.
  2. Summary Appraisal: This appraisal has a wider scope of work than a restricted use appraisal, but does not require extensive narration of information collected for the appraisal, such as market analysis and research for comparable values. This information will be included in our work file for your appraisal in our office. This information will be summarized to allow you to understand the conclusions that were reached in the appraisal. There are intended users other than the client for this appraisal. This format is often used in situations where there is little likelihood of an adversarial situation, such as securing insurance.
  3. Self Contained Appraisal: This appraisal has the widest scope of work and requires all relevant information to be described in detail within the appraisal report. This format is required for federal tax functions, including estate taxes and charitable contributions. It is also required for some insurance claims.
If you have a full estate or items that are not our specialty that you would also like appraised, please don’t hesitate to contact us, we would be happy to contact and work with an appraiser who is knowledgeable about furniture or other items to create a full appraisal for you.

All appraisals will be stored for a minimum of five years, in case you need access to the information or an update on your appraisal.

Inventory

Creating a detailed inventory of your property is also an option that may be more affordable. An inventory would include descriptions of your items and photographs in an easy to read format. An inventory may be useful in settling an estate or divorce or filing a complete personal property claim following a disaster.