All-Inclusive Inventory and Appraisal Package

How the All-Inclusive Package Works

Our All-Inclusive Inventory and Appraisal package provides you with a comprehensive record of each of your property’s contents along with individual and aggregate values. To start, AVI will schedule a phone consultation to discuss your needs and answer your questions followed by a Letter of Agreement that confirms the terms of sale. On the appointed day, there will be a walk-through so you can open doors, drawers, and closets to reveal any items to be cataloged. AVI’s highly-trained Inventory Specialists then photograph each room and catalog every object in every room. Items to be appraised are carefully measured and digitally described using Object ID, a system developed by the Getty Museum for positively identifying art and other one-of-a-kind objects. On average, our Inventory Specialists can catalog approximately 3500 square feet per day. Pricing is based on your square footage, not an ambiguous hourly rate.

What Your All-Inclusive Package Includes

Once the inventory has been completed, AVI determines the value on every item inside your property and develops individual USPAP-compliant¹ certified appraisals on any item worth at least $2500. The aggregate value of all your personal property is included in your final report and for most clients is much higher than they expect, exposing vulnerabilities in their insurance coverage. Since AVI is a completely unbiased third party with no financial interest in your property, we also include our independent analysis of your current insurance contents coverage, highlight areas of exposure, and provide recommendations to discuss with your broker. Your complete package includes a detailed list of every item we recommend be added to a new or existing valuable articles policy, a room-by-room detailed inventory of all items accompanied by high-quality images, individual appraisals, a summary appraisal report, and an inventory spreadsheet, and a 3D HomeScan of your entire property. Custom reports are also available.

⁽¹⁾ USPAP-compliance refers to the Uniform Standards of Professional Appraisal Practice that set performance and ethical standards for certified appraisers. These standards are designed to ensure that your valuations are developed in an unbiased manner to the highest standards in the appraisal industry.

How to Use the Information in Your All-Inclusive Package Reports

The most common use of your All-Inclusive report is to set up a visit with your insurance agent and discuss your contents coverage. Many people find the recommendations for specific assets to be added to an existing or new valuable articles policy to be the most important part of the report. Other uses for certified appraisals include estate division during a divorce or business dissolution, for tax purposes after charitable donations, and for many other legal matters.

We highly recommend you also choose our Asset Manager Service to keep your inventory up to date. If the unthinkable happens, we can help you compile your claim and even update appraisals on assets you still owned at the time of the loss.

We also recommend using our Estate Planning and Settlement platform to plan allocations of your valuable personal property assets to beneficiaries. We’ve developed these revolutionary tools to help you and your estate attorney work out the sometimes difficult decisions that, if left until later, can often result in fractured family relationships and expensive attorney fees. Using our tools, you can designate the beneficiary for each item or even allow your beneficiaries access to the platform to choose for themselves. You make the final decisions. You remain in complete control.

After AVI completes the inventory of your entire property, we calculate the aggregate value of all your personal property. In addition, every item valued over $2500 is individually appraised. Depending on your intended use, we can provide the replacement value for insurance or the fair market value for business valuation, estate planning, distribution, or gifting.