A thoughtful approach
to inherited property.
When real estate is part of an estate, a clear opinion of value can help executors, families, and their advisors make informed decisions.
The right value,
for the right date.
An estate assignment may call for a current value or an opinion of value as of a past date. A date-of-death appraisal addresses the property’s value as of the specified date of passing.
The effective date is different from the day an inspection occurs or a report is completed. Confirm the date and purpose with your attorney or tax advisor before the assignment is finalized.
A little guidance to get started.
Can an appraisal address a date in the past?
Yes. A retrospective appraisal develops an opinion of value for a specified past date using relevant historical market evidence and available property information. Discuss the date and available records with Bryan.
What if I live outside Utah?
Start by calling with the property address and your role in the estate. Property access and communication arrangements can be discussed before scheduling.
Should I order a current or date-of-death value?
That depends on the intended use. Your attorney or tax advisor can identify the date needed for their work; Bryan can then discuss the appropriate appraisal scope.
What will the appraisal cost?
Fees and timing depend on the property, location, valuation date, and assignment complexity. A conversation about those details comes before a quote.
A conversation brings clarity.
Tell Bryan where the property is and what you need the appraisal for.