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What is the difference between an appraisal and a HeliCalc®?
Question: 
What is the difference between an appraisal and a HeliCalc®?
Answer: 

An appraisal is Uniform Standards of Professional Appraisal Practice (USPAP) compliant is performed by an experienced, knowledgable, and accreditated appraiser.  

 

HeliCalc® is an online helicopter Automated Valuation Model (AVM) developed by HeliValue$, Inc.. The HeliCalc® AVM is a computer-assisted tool that provides a value using mathematical modeling combined with the HeliValue$, Inc., helicopter resale value database.  Calculations are made based on our proprietary algorithms developed and used in our own appraisal programs for four decades and 2,500 helicopter appraisals on performed on average annually.  HeliValue$, Inc., updates its databases regularly to ensure the information used in the HeliCalc® process reflects current market conditions.  HeliCalc® is not USPAP compliant and should never be used in place of a formal appraisal.