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HeavyWorth valuations

Picture of Case IH Cyclo 955 planter

Valuing options, add-ons and modifications

I've mentioned before that I operate a small farm when I'm not working for HeavyWorth. I recently installed a new electronic fertilizer flow monitoring system on an old planter. The value of this new fertilizer system is equal to a substantial percentage of what I recently paid for the old planter. I have no real need to assign a value to this planter any time soon, but I started thinking about how the value of an asset can be changed in ways that aren't related to specs, usage or age.

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