Asset Evaluation

Asset evaluation is the process of determining the true worth or value of an asset, such as property, investments, or equipment. It involves analyzing factors like market conditions, the asset’s condition, potential income it can generate, and comparable sales. The goal is to establish a fair and accurate value for decision-making, whether for buying, selling, financing, or accounting purposes. This process helps owners, investors, and businesses understand how much an asset is worth in the current market, supporting informed financial and strategic choices.