Value in
Use

The assignment concludes value in use under the applicable definition and intended use, making explicit how it differs from market value and what assumptions about the specific owner or use are applied. The definition, the intended use, and the distinguishing assumptions are confirmed up front and stated in the report. The deliverable is a written report documenting the scope, definition, and conclusion.

Owners, investors, and their advisors use value in use determinations when a value to a specific owner or for a specific use is relevant — for example, in certain financial reporting or investment-decision contexts. The intended use is set to the specific question; confirm with the relying party the exact definition required.

The analysis considers the property's characteristics, the specific owner's or use's assumptions, the applicable value-in-use definition, and the intended use. The valuation approaches applied depend on the property type and data. The conclusion is specific to the defined value in use and is not a market value; the distinction is stated explicitly in the report.

We begin by discussing the question and the value definition to confirm scope and how value in use differs from market value for this assignment. After agreeing on scope, we inspect or review the property, research and analyze the data, and deliver a written report stating the definition and conclusion. Scope, fees, and timing depend on the property and definition.