Appraisal Reports: $275.00 per hour.
AFAA values the art you value. We apply our many years of experience to consider the quality,relative importance, history and condition of your artwork. We then analyze recent sales of similar works to provide you with the most accurate, objective valuation possible. All reports conform to the Uniform Standards of Professional Appraisal Practice.
How We Calculate Our Estimate
Total billable hours for your project will depend the type of appraisal required, the number of items to be appraised, and the amount of information you are able to provide before we begin.
For example, during a typical onsite visit to a home or office, we can inspect, catalogue and photograph approximately ten works of art per hour. Four hours of research and report writing at our office will then be required to complete the report. Total cost for this 10 item appraisal report: 1 hour inspection plus 4 hours research x $275.00: $1,375.00. There is a two hour minimum for all projects.
Internal Revenue Service compliant reports (charitable donation and estate) require significantly more time to complete than insurance coverage reports. High value artwork often entails additional research hours.We will appraise from photographs with limiting conditions.
Terms of Service
We send you a written estimate and service contract. The signed contract and 50% of the estimated fee is required on or before the inspection date.
We set an inspection date with you at your home or business. Travel outside of greater Los Angeles is subject to a surcharge.
We research the items, prepare the report and arrive at our valuation in approximately two to three weeks from the inspection date. Please allow four to six weeks for estate and charitable contribution reports.
We e-mail you a draft of the completed report for your review.
Upon receipt of payment for the balance due, we mail you the signed, hard copy of the final report via USPS.
Checks and credit cards accepted.
All information and materials produced by or submitted to AFAA are confidential and are not released to any party without the permission of the client.