Fiduciary and retrospective valuation
Estate, Trust & Date-of-Death Real Estate Appraisals
Current and Retrospective Real Property Valuation
Berkson Appraisal Service provides residential and commercial real estate appraisals for estate administration, trusts, date-of-death valuation and other fiduciary or tax-related purposes.
Estate assignments
Estate and Trust Assignments
- Date-of-death valuation
- Estate administration
- Trust administration
- Retrospective valuation
- Basis-related valuation
- Property distribution
- Estate planning
- Gifting or other tax-related valuation when appropriately scoped
- Sale or retention decisions
- Disputes among ownership interests or beneficiaries
Property coverage
Residential and Commercial Real Estate
Estate assets frequently include more than a conventional residence.
Berkson Appraisal Service can address residential property, luxury and complex residences, commercial real estate, investment property, land and other real property interests within the scope of the assignment.
This allows estates containing multiple or atypical real estate assets to obtain valuation from a Certified General Real Estate Appraiser experienced with both residential and commercial property.
Historical effective dates
Retrospective Appraisal Analysis
A retrospective appraisal is not simply today's value adjusted backward by a general market percentage.
The analysis considers the subject property as of the historical effective date and examines market conditions, comparable transactions and other evidence relevant to that period.
When the current physical condition differs from the condition existing as of the retrospective date, available photographs, records, interviews, plans, prior listings and other credible information may be considered as part of the scope of work.
Helpful records
Information Helpful to the Appraiser
- Property address and parcel number
- Owner or decedent name
- Date of death or other effective date
- Intended use
- Attorney, trustee, executor or other client information
- Historical photographs
- Prior listings or sales information
- Records of renovations or major property changes
- Surveys, plans or other relevant documents
Discuss an Estate or Trust Assignment
Provide the property, required effective date and intended use so the appropriate retrospective or current scope can be established.