Fairlead Value — marine vessel valuation

Why it wins the room

Quick to build. Hard to argue with.

Drop in your sold comparables. Set the adjustments that matter. Take away a document with its reasoning attached — the ledger, the narrative, and every exclusion named. Whether it goes to a lender or across a kitchen table, the working is right there on the page.

01

Stop retyping specifications

Drop a broker sheet, a PDF, a screenshot, or paste a listing address. The specification reads itself into the worksheet, several sales at a time. Typing it out by hand is the fallback here, not the job.

02

Adjust in seconds, defend it for years

Region, condition, equipment, hours, hull, fuel — each one a single field. They stack additively and never compound, so every figure can be recomputed by hand by whoever is reading it.

03

Nothing disappears quietly

Exclude any sale you like. What you cannot do is hide that you did — the document names it, and why. That is the difference between a valuation and an opinion.

1Subject VesselPaste

Paste the listing address here

… or drop a PDF, a screenshot, or a Word file

Year

2018

Make

Grand Banks

Length

42

Effective date

2026-08-27

2Sold Comparables

Vessel

Second Wind

Sold

$385,000

Date

2025-04-11

Condition

+5%

Adjusted 34% to reach the subject — worth a look before you rely on it.

The worksheet — drop target, fields, and a comparable flagged for review

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.

Your firm nameYour credentials · your contact line

Adjustment ledger

Comparable	Sold	Age	Cond.	Equip.	Indicated
Second Wind	$385,000	−6%	+5%	$8,500	$389,650
Kittiwake	$402,000	−11%	−2%	$4,000	$353,740
Osprey III	$358,000	+3%	+4%	$11,200	$394,260
Marlin Rise	$298,000	−4%	—	—	excluded
Mean of three retained sales					$379,200

Marlin Rise was excluded as a distressed sale and is named here for that reason — the document discloses it rather than dropping it.

Concluded market value

$379,200

The document — your masthead, the ledger, the exclusion named, the figure

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.

Open the worksheet Read the guide