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Acoustic Piano Appraisals
To ensure that the proper services are provided to you, please consider the following distinct service, which is commonly confused with an appraisal: A piano technical inspection is designed to assist a buyer in the potential purchase of a piano by providing insight into the piano’s condition, warning of any red flags, and suggesting any treatment or repairs the piano might benefit from. A technical inspection is not an appraisal and does not provide a monetary value of the instrument. If this is the service you are looking for, the remaining information on this page does not apply. Instead, please find more information here.
A piano appraisal results in written appraisal documents for a piano, which state the monetary value of the instrument. This service is typically requested for one of the following reasons:
Fair Market Value (FMV)
The customer would like to know the monetary value of the piano, usually for the purpose of resale
Noncash Charitable Contributions
The piano is being donated, and the customer would like to take a tax deduction for their donation
Insurance
The customer’s insurance company requires an appraisal to insure the piano
Legal Matters
The piano’s value is required for estate settlement, divorce/ marriage dissolution, or other reason
Piano appraisals necessitate a two-step process involving both a piano technician and a professional appraiser:
STEP 1
Appraisal Inspection
The piano technician performs a comprehensive, in-person inspection of the instrument, according to requirements from the professional appraiser. Data and photos gathered by the technician are then sent directly to the professional appraiser.
STEP 2
Appraisal Document Preparation
The professional appraiser reviews the provided information, performs analysis, and prepares official appraisal documents. Once complete, the official appraisal documents are sent directly to the customer.
Frequently Asked Questions
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