DATE-OF-DEATH APPRAISALS
What Was the Home Worth on the Date of Death?
A current home estimate does not establish what a property was worth when someone died. The market may have changed, and the house may have been repaired, remodeled, or cleared since then.
Katya Borisova works with families, executors, trustees, attorneys, and accountants to develop residential appraisals for the required historical date.
An Inspection Today Can Inform a Historical Appraisal
The appraiser may visit the home now while researching its value for an earlier date. That requires identifying what has changed and using sales and market information relevant to that period.
In an established Phoenix neighborhood or a remodeled Scottsdale home, later improvements can be particularly important to distinguish from the original condition. A new kitchen, an addition, or a separate living space should not silently become part of the historical property description.
Records That Help Reconstruct the Home
Dated photographs, previous listings, renovation records, permits, and family knowledge can help explain the property’s earlier condition. If records are incomplete, say so. Katya can discuss the available evidence and any limitations before accepting the work.
Keep the Appraisal and Advisor Instructions Aligned
Share the required date and any instructions from the attorney or accountant who will use the report. The appraisal provides the residential value analysis; the advisor determines its legal or tax use.