IAAO Workshop 551: Valuation of Machinery and Equipment

This workshop is designed to provide a formal, systematic, comprehensive program of study for those who assess personal property, specifically machinery and equipment.  The very nature of most personal property item provides a challenge in proper valuation – the diversity, mobility or adaptability, and the forces affecting value of personal property frequently make it far more difficult than real property to discover, list and value.  The end goal in the appraisal of machinery and equipment is an estimation of market value that is both accurate and equitable.  There are three accepted approaches to value.  The content of this workshop includes specific application of the three approaches. 

Recommended prerequisites: Course 500

Workshop duration: 2.5 days
Exam included: Yes
IAAO recertification credit: 18.5 hours 

Our workshop course fee has increased from $350 to $400 for the upcoming 2020 calendar year, to match a $ 50-course materials increase set by IAAO to go into effect January 1, 2020. 71.5% of the registration fee goes toward IAAO fixed charges per student.

Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

  • March 1 (for courses starting between April 1 and June 30)
  • June 1 (for courses starting between July 1 and September 30)
  • September 1 (for courses starting between October 1 and December 31)
  • December 1 (for courses starting between January 1 and March 31)
There currently are no scheduled offerings of this course.
There are no materials avaliable for this course at this time.
For all registration questions, resetting passwords, or login issues please contact:
For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

Rachel Mintel

Program Associate, Local and State Government Group
Teaching Assistant Professor in Public Finance and Government