Construction Equipment by its nature is generally portable; and therefore, is personal property. It comes in a variety of types and sizes and usually is appraised at Market Value. The value of Construction Equipment can vary widely depending upon its physical condition, location, the economy and local demand.
The typical marketplace for used Construction Equipment is that of an auction. Some dealers sell used Construction Equipment. It is not unusual to transport Construction equipment to a distant location where the market is thought to be best before selling.
ELLIOTT® has the experience and the network of appraisers to perform Construction Equipment appraisals anywhere in the United States.