Highlight of the week…..A Day in the life of a valuer
Another Day in the life of a valuer………When is a boat considered a bus or a bus considered a boat?
This week as an expert valuer I was fortunate to complete a valuation on a LARC (acronym for Lighter Amphibious Resupply Cargo) which originally started life as a military asset, and then spent some time in Antarctica, and is now remodelled as an amphibious tourist vessel.
My job in this valuation was first to determine if it was a bus or a boat. This duck is registered as both, so as far as I am concerned, it is both!
As an expert valuer, the next thing I had to do was determine its value. Quite a challenge for an asset that is older than me, and probably in better condition! An Aluminium hull/chassis, and a late model diesel engine, she has had some work done but is no old duck.
As a plant and machinery valuer I have seen a lot of things, but this Duck is one of only seven globally!
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