Determining market value

[TimHenn]

I have a surveyor lined up to do a condition and eval survey associated with a refi of my note. I know the condition and relative value of my boat but what does a surveyor use to determine value? Is it as simple as matching the perceived condition against the BUC stated value Or something more interesting?

Just curious.

 

[Al_Prisco]

Tim, There are numerous resources used when determining value. Condition is one of the major factors that are considered. Also market values and value ranges from different publications such as the one you posted and more.