Would you like a valuation consultant to call you?
Insitu Valuations
Plant and equipment can often be valued on three different criteria,
the insitu value
the distress sale value
the orderly disposal value
The insitu value of the plant and equipment of a business tends to reflect that plant often cannot be moved or cannot be moved without high cost of relocation or cannot be removed to be used to the same beneficial effect as in its current location.
The insitu value tends to refect the value to the owners of the business and exactly the purpose it was installed for.
A good example might be the plant and equipment at an abattoir in country WA. Its value elsewhere would be diminished by the cost of relocation and the potentially small number of buyers for such equipment. It is likely in such circumstances that the insitu value would exceed both the distressed sale value and the orderly disposal value of such specialised plant and equipment.
