FairleadValue
Marine vessel valuation

Evidence you can show your reader

A valuation worksheet for marine surveyors and yacht brokers. It applies one method consistently, shows every step of its working, and names what it set aside and why — so the figure arrives with its reasoning attached.

You bring the sales data. This tool has no sales database and cannot fetch one. It is built for marine professionals who already hold their own subscriptions to sold-sales resources — BUCValu, Soldboats, BoatWizard. Without access to recorded sold prices, it has nothing to work from.

What it is for

The same boat, worked twice, reaches the same answer

Valuation work goes wrong quietly. An adjustment applied one way this month and another way next; a comparable dropped because it was awkward; a figure that cannot be recomputed by the person reading it. This tool exists to make those things hard to do by accident.

01

Nothing disappears quietly

You can exclude any sale. What you cannot do is hide that you did — an excluded comparable is named in the finished document with its reason. Silently dropping inconvenient evidence is the thing this tool exists to prevent.

02

Arithmetic your reader can check

Adjustments stack additively and never compound. Ten percent and five percent make fifteen, not fifteen and a half. A figure nobody can recompute by hand is a figure they can dismiss.

03

Age measured at the date of sale

Not by model year alone. A 2021 boat that sold in 2021 was nearly new; the same boat selling in 2025 was four years old. Those are different evidence, and they are treated so.

04

Asking prices stay in their place

Sold prices are the basis. Listings appear as market context, and become a working basis only after an expected-sale deduction measured from your own comparables.

05

Drop it in, don't type it out

Every data section takes a dropped PDF, a screenshot, or a listing address and reads the specification out for you. A screenshot of a results table beats retyping the table.

06

It tells you when a sale is straining

A comparable needing a very large adjustment, or landing far from its peers, gets flagged for review — a prompt to look, never a verdict. The decision stays yours.

Two readers

One engine. Two very different documents.

A document defending a figure to an insurer and a document opening a conversation with an owner are not the same object, and pretending otherwise serves neither. Choose who you are addressing; the worksheet does the rest.

Marine surveyor

A document that must withstand examination

Its reader is a bank, an insurer, a court, or a client's advisor — someone who was not present and is looking for reasons to doubt it.

  • The full narrative, every step from basis to conclusion.
  • Every exclusion named, with the reason it was set aside.
  • Replacement cost, escalated on published index figures rather than on a guess.
  • Ledger and narrative copied separately, so each lands in its own place in your survey report.
Yacht broker

A document that opens a conversation

Its reader is the seller, or a prospect deciding who to list with. Its job is often to help an owner's expectation meet the market.

  • Comparative graphics, so a seller can see the subject among the comparables rather than read an argument about them.
  • A recommended asking range, measured from the real list-to-sold spread in your own evidence.
  • A marker when an asking price sits above what the evidence supports — to inject reason, not to editorialize.
  • Works before anyone has been aboard, and says what it rested on.

The concluded figure is identical either way. Switching mode changes who is being addressed, never the arithmetic. There is one calculation, so there is one answer to defend rather than two.

How it goes

Three steps, and the slow one is optional

Bring the evidence in

Drop a broker sheet, a spreadsheet export, a PDF or a screenshot — or paste a listing address. Several sales can arrive in one pass. Typing it by hand is the fallback, not the route.

Adjust to the subject

Region, condition, equipment, hours, hull material, fuel, water use. Several adjustments set their own direction once both vessels' attributes are known, so the tool declines to guess where it cannot tell.

Take the document away

Copy the ledger, the narrative or the value statement; download Word or a self-contained page; or print to PDF. Your firm name, credentials and logo are on it.

The method

Rules the tool keeps whether or not you want it to

These are not preferences with a switch. They are what makes two documents produced months apart comparable to each other.

Sold prices leadWhat a buyer actually paid is the evidence. Everything else is context or corroboration.
Additive, never compoundingAdjustments sum. The result stays recomputable by hand.
Normalized at date of saleEffective age, so a model-year gap and a sale-date gap are not counted twice.
Guide data is referencePublished figures are never quietly averaged in. Relying on them is a deliberate, recorded choice.
Exclusions are disclosedBy name, with the reason, in the finished document.
Nothing unverified is writtenA figure that cannot be substantiated is omitted rather than hedged. The narrative gets pasted into signed documents.
Your document

It carries your name, not ours

Firm name, credentials, contact details and your logo sit on the finished document. Drop the logo file straight onto the block and it is on every page you produce.

Stuck at any point

The tool explains itself

Small explanation panels sit beside the controls that need them, and a built-in guide answers questions about your open worksheet — what a flag means, which comparable it is talking about, what to do next. It explains; it never overrides the figure.

Read the full user guide

Open it and put a real boat through it

Nothing to install and nothing to set up. Bring one vessel and three or four recorded sales, and you will see the shape of the finished document in a few minutes.