Valuation Methodology

The valuation methodology used for online boat valuations is based on internationally recognized market-value principles, ensuring each assessment reflects realistic, current, and defensible market conditions. This methodology is designed for recreational boats and yachts up to 24 meters, where a reliable market-value reference is required without a physical inspection.

The process begins with a structured evaluation of vessel characteristics, including make, model, year of build, length, hull type, propulsion system, layout, and standard equipment. Declared condition and available documentation are reviewed to establish a consistent technical profile. This initial step is essential to ensure the valuation is grounded in accurate, verifiable vessel data.

A comprehensive market analysis is then carried out. Valencia Marine Services examines recent comparable sales, verified transaction data, and active market listings within relevant regional and international markets. Particular emphasis is placed on vessels with similar specifications, age, and market positioning to ensure comparability. Market liquidity, demand trends, seasonal variations, and segment performance are also considered to contextualize pricing behavior.

The valuation approach primarily uses the market comparison method, widely accepted for determining fair market value in the recreational boating sector. Adjustments are applied as needed to reflect differences in specifications, equipment levels, declared conditions, and market exposures. Depreciation patterns, brand reputation, and overall segment dynamics are analyzed to inform these adjustments and avoid distortions from unrealistic asking prices or limited datasets.

Professional judgment plays a critical role in interpreting market information and balancing quantitative data with practical market knowledge. Each valuation clearly documents the methodology applied, the assumptions used, and the assessment's limitations, ensuring transparency, traceability, and professional accountability.

This methodology enables the use of online boat valuation reports issued by Valencia Marine Services with confidence for insurance, pre-sale pricing, financing, accounting, and asset reference purposes in non-disputed scenarios, providing a robust, credible market value assessment.