Estate Appraisals for Probate & Estate Settlement

When Is an Estate Appraisal Needed?

An estate appraisal may be needed for probate, estate settlement, trusts, inheritance matters, distribution of assets among heirs, tax planning or other legal and financial purposes. The appropriate effective date depends on the needs of the estate and the purpose of the appraisal.

When a historical value is required, a retrospective appraisal can develop an opinion of market value as of a prior date rather than the date the appraisal is completed.

Appraisals for Executors, Trustees, Attorneys and CPAs

Estate matters often require an appraisal that can be understood and relied upon by multiple parties. We research the property, relevant public records, comparable sales and market conditions applicable to the assignment and prepare an independent appraisal report supported by market evidence.

Our appraisal services are available to homeowners, executors, personal representatives, trustees, attorneys, accountants and other professionals involved in estate administration and settlement.

Estate Appraisals and Retrospective Valuations

In some estate assignments, the value needed is the property's value as of the date of death. This is different from an appraisal with a current effective date because the appraiser must research market conditions and comparable sales that were relevant as of the historical effective date.

If you need a historical valuation for an estate, visit our Date of Death Appraisals page for more information about retrospective property valuations.

What to Expect

We begin by identifying the property, intended use of the appraisal and required effective date. We then research relevant property records and market data, analyze appropriate comparable sales and market conditions, and develop an independent opinion of value.

Because every estate and property is different, we can discuss the assignment with you, your attorney, CPA, executor or trustee to help determine the appropriate appraisal scope and effective date.

Need Help With an Estate Appraisal?

If you need a real estate appraisal for probate, estate settlement, a trust, inheritance matter or other estate-related purpose, West Valley Appraisal Services can help.

Call West Valley Appraisal Services at (602) 717-8450 to discuss the property and your appraisal needs.