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A retrospective or historical appraisal is a detailed, in-depth analysis of a home’s value as it would have been at a past date. It can help you determine the market value of your property at a prior date in the past. Financial planners and accountants often require a real estate appraisal to be done to determine this historical value. This may be requested to determine the value at the time of the divorce of the owners, to determine the value of the property as of the date of death of the owner, or when addressing a legal dispute regarding the property’s value.
A retrospective home appraisal is a detailed review of your home’s past performance, with data on its value over time. It’s different from a traditional appraisal because it looks at the history of the home’s value. If you’re looking forward to knowing more about your home’s value, then get in touch with Dorsett Appraisal. The company can provide you with the retrospective appraisal service you need in Santa Rosa, CA.
You may need to determine the valuation at the date of death of a deceased loved one, to show the decline in the value of a property that you sold at a loss in order to claim the loss for your taxes, or to determine the market value of the property as of the date of your last town assessors valuation in order to dispute an increase to your property taxes.
Besides providing retrospective appraisal services in Santa Rosa, CA, Dorsett Appraisal also provides date-of-death appraisals. Appraisal experts will come to the property and take measurements of the deceased’s property to determine its market value at the time of your loved one’s passing. For Dorsett Appraisals, it’s critical that you feel comfortable and at ease during this process. Therefore, appraisers take as much time as you need to answer questions or ensure you’re completely satisfied with their services.
Thanks to more than 20 years of experience in valuing estates, you can rest assured that Dorsett Appraisal will work hard to accurately assess what your loved one’s possessions are worth at this time. The appraisers will explain any discrepancies between the appraised value and what is stated on the death certificate or other documents. This will enable you to understand how they were calculated before making any adjustments moving forward.
Your home’s past value can help you determine how much you should ask for your home when you sell it. Count on Dorsett Appraisal to help you determine your home’s worth.