Opinion ID: 1119615
Heading Depth: 3
Heading Rank: 4

Heading: Valuation of the Chevrolet Suburban

Text: The trial court valued Shannon's 1983 Chevrolet Suburban, along with an attached snow plow, at $2,500. Jeff claims that this valuation is clearly erroneous. In support of his argument, Jeff points out that the court heard testimony from Jeff's appraiser, Jane Mulready, who valued the van and plow at $3,750. We find no error in the superior court's valuation of these assets. Mulready testified as to the Blue Book values for the car, which ranged from a high of $4,550 to a low of $2,275. She also stated that the snow plow had independent value, but she did not separately appraise the plow. Mulready testified that the car needed repairs, but she was unsure what kind of work was required. She based her appraisal in part on her recollection that she had ridden in the car. But Shannon also testified about the car's value. She stated that she thought the Suburban was worth $1,500 because it needed extensive repairs, but she did not specify what repairs were needed or how much they would cost. She also stated that the snow plow was worth $600. Shannon's testimony thus supported a combined value of $2,100 for the van and the plow. The court did not explain precisely how it arrived at the $2,500 figure. But the value it chose is within the range of figures offered by Mulready and Shannon. Both witnesses agreed that the car needed substantial repair work, and Mulready's concessions on cross-examination that she was unsure that she had ridden in the car support the court's choice to give Shannon's testimony more weight. The valuation of the Suburban was not clearly erroneous.