Why valuation ranges matter more than a single price
A single-point price can give a false sense of precision. In practice, boats rarely sell at an identical price, even when specifications appear similar.
Market variability
Condition, maintenance history, equipment, negotiation strength, and timing all influence final sale prices. A valuation range reflects this natural variability more accurately than a fixed figure.
Avoiding false precision
Presenting a precise-looking number can be misleading when underlying uncertainty exists. Ranges help communicate uncertainty transparently, without overstating confidence.
Professional decision-making
For brokers, legal professionals, and asset managers, valuation ranges provide a more defensible basis for discussion, documentation, and decision-making.
Valuation ranges are not a limitation — they are a more honest representation of how markets actually behave.