Appraisal Survey Services in Toronto – Accurate Market Value for Your Vessel
Already have a boat and need to find out what it’s worth? Several scenarios require an Appraisal Survey, such as legal cases, donations, estate settlements and financing. It does this without diving into the minutia of “Exactly what cockpit cushions need to be repaired?” or “Would the vessel benefit by updating the navigation system?
An Appraisal Survey is usually initiated by an owner who may need this information for resale, financing, or estate planning. Appraisal surveyors play a crucial role in this process by assessing the safety and structural components of the vessel, including the hull, deck, engine, and essential fuel, exhaust, and electrical systems. It also ensures compliance with safety standards. However, the big item on the list is the market value estimate, which reflects the vessel’s condition, current market trends, and comparable sales. Unlike a pre-purchase survey, this report does not include detailed advice or recommendations for repairs, upgrades, or maintenance.
Service Areas
Based in Toronto serving marinas and boatyards from Niagara to Pickering, Muskokas, Simcoe and the Kawarthas.
Why Opt for a marine Appraisal Survey?
When determining the value of your vessel for specific scenarios, an Appraisal Survey offers:
- An accurate assessment of market value based on comparable sales and current trends.
- A clear understanding of the vessel’s condition to aid in resale or financing.
- Essential documentation for legal or estate purposes.
Take the guesswork out of boat buying. A Appraisal Survey is a small price to pay for the confidence it gives you in your decision.
appraisal survey FAQs
What does a Appraisal survey include?
Structural, mechanical, electrical, and plumbing system evaluations, safety inspections, and a detailed report.
Do I need a survey for a new boat?
Yes, even new boats can have hidden issues or manufacturing defects.
How long does the process take?
Typically 3 to 6 hours with a report delivered within 5 business days.
Get in Touch with Kiki Marine
Have questions? Ready to book your survey? Contact us today!
- 647-289-7876
- info@kikimarine.ca