Homebuilt and Experimental aircraft are the fastest growing segment of general aviation. But, what is a Homebuilt aircraft worth for insurance or re-sale?
Quality of craftsmanship and attention to detail, as well as the quality of options differ greatly from aircraft to aircraft. From being built on a budget to being built as a premium level aircraft, the avionics installed on the same make and model aircraft differ dramatically. Failure to acknowledge the individuality of each aircraft and its equipment would be a critical error in determining its true value. The NAAA appraisal process and software fairly and objectively assess the aircraft value. HELICOPTERS A fixed-wing aircraft owner must consider the cost of overhauling engines and props. The helicopter owner has engines, main rotor, rotor head, tail rotor, swash plates, gearboxes, actuators, and other time-limited components to consider. Depending on the configuration, the same component on a helicopter has different life cycles and overhaul costs. These costs can affect the value by hundreds of thousands of dollars and more! The NAAA appraisal process utilizes an extensive databas
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