What is an appraisal or valuation?
An appraisal or valuation is a comprehensive report provided by a professional appraiser that provides an opinion of the value of property at any given time. Property can include jewelry, fine art collections, antiques, collectibles, business assets or other personal property.
The McCurdy Approach
With 35 years of experience and education, McCurdy Auction has developed an expertise in determining true market valuations for all types of property. Our team of professionals will meet with you to determine your goals and objectives for the appraisal, allowing us to identify which type of appraisal you will need. These types of values include:
- Fair Market Value for Charitable Contributions or Gift Taxes
- Market Value
- Marketable Cash Value
- Replacement Value - Comparable
- Replacement Value - Cost New
- Forced Liquidation Value
- Orderly Liquidation Value
- Value in Use and Actual Cash Value
How does the process work?
- Contact us by phone or email and make an appointment to meet with our specialists to discuss what type of services you may need.
- We will make arrangements with you for an assessment of the personal property. This may include taking or reviewing photos or video, inventory, measurements, discovering provenance, and examining the physical aspects and characteristics of value of the item/items.
- Research and analysis. Taking into consideration the clients intended use and users, we will conduct the appropriate analysis in regards to market and value.
- We will provide a written report with documentation including photographs (video when necessary), description, condition, and value. Each appraisal is written in accordance with the report writing standards of the American Society of Appraisers (ASA), the Uniform Standards of Professional Appraisal Practice (USPAP) and IRS regulations (when required).*
*A typical appraisal report can take two to four weeks depending on the extent of the assignment and the appraiser's schedule. At the time of completion the client will be provided with two printed copies or a copy via email.
No two appraisal assignments are approached the same. For this reason we have developed a tiered system of appraisal services to better serve our clients.
TIER 1: Valuation Summary
- Evaluation of the personal property.
- Research and analysis.
- Summary letter of aggregate valuation of the assessed property.
TIER 2: Full Appraisal
- Consultation and client meetings.
- On-site inspection of item(s).
- Media documentation including photographs and/or video.
- Detailed inventory (when necessary).
- Extensive research and analysis.
- Documentation of analysis and written report.
Personal Property Appraiser
Joining the McCurdy Team as a personal property appraiser, Trish brings a wealth of knowledge in appraisals and a love of fine art and antiques. As a personal property appraiser, Trish provides USPAP (Unified Standards of Professional Appraisal Practice) compliant appraisals and valuations of client assets, collections and personal treasures for estate planning, charitable tax contributions, and property divisions. Trish's expertise extends to residential contents, business assets, estates and trusts, and private collections.
Having grown up attending auctions with her father, Trish fell in love with the excitement and performance of the auction arena and buying and selling antiques. Trish is also a practicing artist, exhibiting at local galleries and museums, including the Ulrich Art Museum on the Wichita State University Campus. She is on several art committees with local art museums and is active in several artist collectives.
Trish is currently a candidate with the American Society of Appraisers and her education background includes an associate's degree in Applied Arts from Wades College in Dallas, a bachelor's degree in Fine Art from Wichita State University and a Master of Fine Arts from Alfred University in New York. When she is not in the office, she is likely at one of Wichita's phenomenal museums, cruising Commerce Street on a Final Friday with her husband, or in her studio creating her next masterpiece.
The Uniform Standards of Professional Appraisal Practice (USPAP) is the generally recognized ethical and performance standards for the appraisal profession in the United States. USPAP was adopted by Congress in 1989, and contains standards for all types of appraisal services, including real estate, personal property, business and mass appraisal. Compliance is required for state-licensed and state-certified appraisers involved in federally-related real estate transactions. USPAP is updated every two years so that appraisers have the information they need to deliver unbiased and thoughtful opinions of value.