When land, a commercial building or industrial property passes through an estate, someone has to establish what it was worth. That number affects how the estate is divided, the tax basis the heirs carry forward, and whether the property is sold or kept. A competent, independent appraisal settles the question so the family can move on.

What an estate appraisal is

An estate appraisal is a standard appraisal with one difference: the effective date of value is usually the date of the owner’s death rather than today. The appraiser researches what the market looked like on that date and values the property as it existed then. This is called a retrospective or date-of-death appraisal, and it can be done months or even years after the fact.

Why the valuation date matters

Property values in Florida have moved a great deal over the past several years. A parcel worth one amount today may have been worth considerably more or less on the date of death. Using the right date, and supporting it with sales from that period, is what makes the appraisal usable for the estate’s purposes.

Property types we handle for estates

  • Vacant land, acreage, farmland and timberland
  • Commercial buildings: office, retail, mixed-use, medical
  • Industrial buildings, warehouses and flex space
  • Multifamily and other investment property
  • Partial interests, such as a one-third undivided interest in a family parcel

What to have ready

The property address or parcel number, the date of death, any deed or survey you have, and, for income property, whatever rent roll or lease information exists. If the property has changed since the date of death (a building was demolished, land was cleared, a tenant left), tell us so the appraisal reflects the property as it was on the valuation date.

Working with multiple heirs

Estates often involve several people who do not all agree on what the property is worth. An independent appraisal from a Florida State-Certified General Appraiser gives everyone the same, neutral number, with the reasoning written out. That tends to end arguments faster than any family conversation can. Call (813) 841-1927 to talk through what you need.

Our appraisal services

Land, Acreage & Agricultural Appraisals · Commercial, Office & Retail · Industrial & Warehouse · Multifamily & Investment · Contact

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Getting Land or Commercial Property Appraised for an Estate

When land, a commercial building or industrial property passes through an estate, someone has to establish what it was worth. That number affects how the estate is divided, the tax basis the heirs carry forward, and whether the property is sold or kept. A competent, independent appraisal settles the question so the family can move on.

What an estate appraisal is

An estate appraisal is a standard appraisal with one difference: the effective date of value is usually the date of the owner’s death rather than today. The appraiser researches what the market looked like on that date and values the property as it existed then. This is called a retrospective or date-of-death appraisal, and it can be done months or even years after the fact.

Why the valuation date matters

Property values in Florida have moved a great deal over the past several years. A parcel worth one amount today may have been worth considerably more or less on the date of death. Using the right date, and supporting it with sales from that period, is what makes the appraisal usable for the estate’s purposes.

Property types we handle for estates

  • Vacant land, acreage, farmland and timberland
  • Commercial buildings: office, retail, mixed-use, medical
  • Industrial buildings, warehouses and flex space
  • Multifamily and other investment property
  • Partial interests, such as a one-third undivided interest in a family parcel

What to have ready

The property address or parcel number, the date of death, any deed or survey you have, and, for income property, whatever rent roll or lease information exists. If the property has changed since the date of death (a building was demolished, land was cleared, a tenant left), tell us so the appraisal reflects the property as it was on the valuation date.

Working with multiple heirs

Estates often involve several people who do not all agree on what the property is worth. An independent appraisal from a Florida State-Certified General Appraiser gives everyone the same, neutral number, with the reasoning written out. That tends to end arguments faster than any family conversation can. Call (813) 841-1927 to talk through what you need.

Our appraisal services

Land, Acreage & Agricultural Appraisals · Commercial, Office & Retail · Industrial & Warehouse · Multifamily & Investment · Contact