Tax Valuation Appraisals

What this service involves

A tax valuation appraisal is a residential valuation prepared for a specific, confirmed tax-related purpose. The deliverable depends on the agreed scope and the tax purpose — a retrospective value for estate or gift reporting, a value for basis documentation, or another defined need. We provide the value; the taxpayer's CPA or tax attorney handles the tax filing and treatment.

This is distinct from a tax appeal appraisal, which specifically supports a dispute over a property's assessed value. A tax valuation addresses other tax-related valuation needs; if the actual need is a tax appeal, we point you to that service.

When someone may need it

A taxpayer or their advisor needs a tax valuation when a tax filing or decision requires a documented property value — for estate or gift reporting, basis documentation, or another tax purpose. The tax professional confirms the specific purpose and whether a qualified appraisal is required.

What the analysis considers

Once the purpose is confirmed, the appraisal considers the residential property's value at the relevant date:

• Property characteristics: type, size, layout, and condition at the valuation date.
• Valuation date: current or retrospective, depending on the tax purpose.
• Comparable sales: sales near the valuation date.
• Market conditions: local conditions at the relevant time.
• Intended use: the confirmed tax-related purpose.

Information that may help

Most important is the specific tax purpose, so we can confirm the right valuation date and scope. Also have ready the property address and the intended user (often the CPA or tax attorney). Share tax documents directly with your appraiser rather than through the general inquiry form.

How the assignment works

We confirm the specific tax purpose and valuation date, set the scope, inspect the property when required, complete the analysis, and deliver a report suitable for the tax need. We coordinate with the taxpayer's advisor on any format requirements.