Appraisals & Valuations

Professional market-based valuations of your equipment’s true value — supporting mergers & acquisitions, selling, financing, insurance, or business needs & planning.

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Types of Valuations

Fair Market Value (FMV)

The price a willing buyer would pay a willing seller — with no time pressure and full market exposure. Used for: insurance, financing, internal planning, and non-urgent asset sales.

Orderly Liquidation Value (OLV)

The expected price when assets must be sold within a defined timeframe — typically 90–180 days. Generally 10–15% below Fair Market Value. Used for: fleet rotation, structured asset disposal, and lending decisions.

Net Orderly Liquidation Value (NOLV)

Orderly Liquidation Value less the estimated costs of sale — providing a net proceeds figure after fees and disposition expenses. Used for: lender collateral assessments and secured lending decisions.

Forced Liquidation Value (FLV)

The price achievable under immediate or time-critical conditions. Represents the floor of asset value. Used for: insolvency, urgent disposal, and worst-case financial planning.

Estimated Remaining Useful Life (ERUL)

An assessment of how much productive life remains in an asset based on age, condition, hours, and maintenance history. Used for: capital planning, replacement scheduling, and lifecycle management.

Types of Appraisals

In-Person Appraisal

Physical inspections and photos of the assets at their local or remote job locations. Includes condition assessment and structural review. Formal report provided. Ideal when financial institutions require 70%+ of fleet value to be inspected.

Desktop Appraisal

Remote valuation based on information submitted, specifications, and market data. Faster turnaround. Suitable for financing, insurance, and internal decision-making where a site visit is not required.

About Our Appraiser

Josh Schug is a Certified Personal Property Appraiser (C.P.P.A) with over 15 years of experience across heavy equipment, pipeline construction, oil & gas, fleet management, and large-scale equipment auctions & sales. His career has been built working directly within the industries he now serves — giving him a ground-level understanding of how assets are acquired, utilized, valued, and sold.

Josh has led and delivered appraisal reports for contractors, corporations, and financial institutions across Canada, with individual portfolios ranging from $50,000 to over $500 million, and a total appraised value exceeding $1 billion. Reports are designed not only to determine value, but to support financing, restructuring, insurance, litigation, and strategic asset planning.

Beyond valuation, Josh has managed and optimized large-scale equipment fleets valued at $75–80 million — including procurement strategy, asset disposal planning, utilization tracking, and capital forecasting.

North Point Asset Group is a proudly Indigenous-owned and operated company committed to providing trusted, transparent equipment and asset solutions. Josh is proud of his Cree heritage and is a member of the Samson Cree Nation in Maskwacis, Alberta.

What Our Appraisal Reports Support

Financing & secured lending
Insurance coverage and claims
Asset disposition and sales strategy
Fleet management and capital planning
Financial reporting and audit requirements
Mergers, acquisitions, and restructuring
Litigation and legal proceedings
Regulatory and compliance obligations
Divorces & Separation agreements

Who Requests Appraisals

Contractors and business owners planning equipment sales or acquisitions
Financial institutions and lenders requiring defensible collateral valuations
Insurance companies assessing replacement or actual cash value
Companies managing fleet rotation, disposal, or capital reinvestment
Legal and accounting professionals requiring formal asset opinions
Corporations undergoing restructuring, mergers, or financial reporting
Businesses requiring support for litigation or regulatory compliance

Ready to Get a Professional Valuation?

Reach out today and we'll assess your situation and recommend the right approach.