Condition and Value Survey
Comprehensive vessel inspection and fair market value assessment
Comprehensive vessel inspection and fair market value assessment
A Condition and Value Survey is one of the most comprehensive types of marine surveys available. This detailed inspection evaluates the overall condition of a vessel and provides an accurate assessment of its fair market value. It's essential for buyers, sellers, insurance companies, and anyone who needs to establish the true value and condition of a boat.
Our certified marine surveyors conduct thorough examinations of every major system and component, documenting findings with detailed reports that include photographs, recommendations, and a professional valuation.
Whether you're buying, selling, insuring, or simply need to know the current state of your vessel, a Condition and Value Survey provides the comprehensive information you need to make informed decisions.
Our Condition and Value Surveys examine every critical system and component of your vessel
We thoroughly inspect the hull for integrity, condition, and any signs of damage or deterioration. This includes checking for delamination, osmosis, cracks, repairs, and overall structural soundness.
Complete evaluation of wiring, batteries, electrical panels, switches, outlets, and all electrical components. We check for proper installation, corrosion, safety compliance, and functionality.
Detailed inspection of engines, outboards, fuel tanks, fuel lines, filters, cooling systems, exhaust systems, and all related components. We assess condition, maintenance history, and potential issues.
Evaluation of GPS systems, radar, depth finders, chart plotters, VHF radios, AIS, and all communication and navigation equipment. We verify functionality and proper installation.
Comprehensive check of life jackets, fire extinguishers, flares, emergency signaling devices, first aid kits, and all required safety equipment. We verify compliance with regulations and proper condition.
Assessment of cabin condition, deck hardware, rigging, winches, cleats, rails, hatches, windows, and overall vessel appearance. We document cosmetic condition and structural elements.
Our valuation process considers multiple factors to determine the accurate fair market value of your vessel
Analysis of comparable vessels, recent sales data, and current market conditions in your area
Evaluation of vessel age, maintenance history, upgrades, and overall condition relative to similar boats
Assessment of installed equipment, electronics, and upgrades that add value to the vessel
Before purchasing a vessel, a Condition and Value Survey helps you understand exactly what you're buying, identify potential issues, and negotiate a fair price based on the boat's true condition and value.
Establish a fair asking price and provide potential buyers with professional documentation of your vessel's condition. A survey can help justify your price and build buyer confidence.
Many insurance companies require a Condition and Value Survey to determine coverage amounts and premiums. Our reports meet insurance industry standards.
For estate planning, divorce proceedings, tax purposes, or legal disputes, a professional valuation provides documented evidence of a vessel's worth.
You'll receive a detailed, professional report documenting all findings
Contact us today to schedule your comprehensive vessel inspection. Our certified surveyors will provide you with a detailed report and accurate valuation.
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