Retrospective appraisal
Retroactive Appraisals: Value as of a Date in the Past
Retroactive (retrospective) appraisals value a property as of a date in the past. Estates, divorces, tax questions and lawsuits often turn on what a property was worth on one specific day, and our team builds that answer from the market data of that time.
Rush commercial appraisals in 5 to 7 business daysStatewide California
What is included
- Any past effective date with sufficient market data
- Date of death, date of separation, date of transfer or date of loss
- Comparables and market conditions from the effective date
- Commercial property of any type, plus related residential
- Narrative report that explains the reasoning
Who it is for: Attorneys, CPAs, trustees and owners who need a value for a date that has already passed.
Looking back the right way
A retrospective appraisal is not today's value with a different date on it. The sales, rents and market conditions must reflect the effective date, and the property must be described as it was then.
About 40 years of appraising across California helps here: our team has watched these markets move.
Common reasons for a retroactive appraisal
Date-of-death values for trusts and basis, date-of-separation values in divorce, values as of a transfer for tax reporting, and values as of a past date in partnership disputes and other litigation.
General information only, not legal or tax advice. Talk to your attorney or CPA about your situation.
Frequently Asked Questions
How far back can a retroactive appraisal go?
As far back as reliable market data allows. Call (805) 990-9700 with the date and the property and your appraiser will tell you what is possible.
Is a retroactive appraisal the same as a date-of-death appraisal?
A date-of-death appraisal is one kind of retroactive appraisal. The same method applies to dates of separation, transfer or loss.
Related
Attorneys and CPAs: scope it on a call.
Call or text (805) 990-9700 to scope a date-of-death, divorce or retroactive appraisal with the appraiser who will do the work.