Appraisal Services
Estate Appraisals in Milton
Settling an estate is a difficult time, and part of that work often involves establishing what a property was worth. We prepare independent, clearly written home valuations that help executors and families move estate matters forward with confidence.
Effective Date of Value
Date-of-death and retrospective valuations
Estate and probate work usually calls for the property's fair market value as of the date of death, rather than today's value.
That means the appraisal is prepared with a past effective date. To arrive at a supportable figure, we analyse sales that closed around that time and reflect the market conditions as they existed then — not the market that has developed since. This kind of retrospective valuation is a common part of estate and probate matters.
Whether the date of death is recent or further back, we build the analysis around comparable sales from that period and document the reasoning behind the value we arrive at.
For Executors & Families
Support for executors
An executor carries real responsibility, and a clear, written, independent value of the home can make that role more manageable.
- Administering the estate — a documented value helps you account for one of the estate's most significant assets.
- Valuing assets fairly — an independent figure gives you a defensible basis for the property's worth.
- Supporting decisions among beneficiaries — a neutral report can help families discuss the property on shared footing.
- Working alongside your advisors — we can coordinate with your estate lawyer and accountant as the assignment requires.
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Within the Estate
What we appraise
Estates come in many shapes, and the property involved is not always a single family home. We prepare valuations across the range of residential holdings an estate may include.
The family home
The primary residence is often the estate's largest asset. We value it as of the required effective date, using comparable sales from that period.
Rental & secondary properties
Investment or secondary properties held within the estate can be valued alongside the main residence for a complete picture.
Rural & larger-lot properties
Acreage and larger-lot homes around Milton have fewer directly comparable sales, so we widen the search and adjust carefully for lot size and setting.
Related Services
Other valuations we prepare
Estate Appraisal Questions
Common questions about estate appraisals
What date is used for an estate appraisal?
Estate and probate valuations usually use the date of death as the effective date, meaning we estimate what the property was worth on that day. Requirements can vary by situation, so it's best to confirm the correct date with your estate lawyer or accountant before we begin.
Can you appraise a home for a date in the past?
Yes. This is called a retrospective appraisal, and it's a common part of estate work. We analyse sales that closed around the effective date and reflect the market conditions as they existed then, rather than the market today.
Who typically orders an estate appraisal?
An estate appraisal is often ordered by the executor or estate administrator, sometimes on the advice of an estate lawyer or accountant. Family members involved in settling the estate may also arrange one. We're glad to speak with whoever is coordinating the matter.
Do you work with our estate lawyer or accountant?
Yes. We can work alongside the estate lawyer and accountant and provide the report in the form the assignment requires. We don't offer legal or tax advice, so we'd suggest confirming exactly what you need with those advisors, and we'll prepare the valuation accordingly.
Residential appraisal services are completed through Crownfield Valuation Group Inc. by qualified appraisers with professional appraisal designations that may include CRA, P.App., AACI, P.App., and DAR, as applicable to the assignment.
Request an estate appraisal in Milton
Tell us about the property and the effective date you need, and we'll confirm the scope and provide a quote.