Tales from a forensic valuation consultant continues ... The attorneys hired a competent machinery and equipment appraiser who was willing to testify that as of the date that LJS was forced out of business the machinery and equipment in place and in service was worth about $1.2 million. As a real estate appraiser, I was willing to testify that the land and buildings in use contributed another $800,000 to the overall value of the enterprise, making up the approximately $2 million that LJS paid for the facility as expanded.