Retrospective / Litigation Appraisal
What Is a Retrospective Appraisal
A retrospective appraisal determines the fair market value of a property as of a past date, rather than its current value.
This type of valuation requires detailed research of:
- historical market conditions
- comparable sales from the relevant time period
- economic factors affecting the market at the valuation date
- property characteristics as they existed on that date
Retrospective valuations are commonly required in legal matters, estate administration, tax reporting, and financial disputes.
Litigation & Dispute Appraisals
Real estate appraisals are frequently required in situations involving legal disputes or financial claims. An independent valuation helps establish an objective estimate of property value and can assist lawyers and their clients in resolving disagreements.
We provide retrospective and current valuations for:
- legal disputes involving real estate value
- financial claims related to property
- partnership or shareholder disputes
- family law matters
- estate disputes
- contractual disagreements involving property
Our reports are prepared to provide clear documentation and market support for the concluded value.
Common Uses for Retrospective Valuations
Separation Date Valuation
Family law matters often require determining the value of a property as of the date of separation. A retrospective appraisal can provide the fair market value as of the required date to assist in resolving property division issues.
Date-of-Death Valuation
Estate administration frequently requires establishing the value of real estate as of the date of death for probate, estate settlement, and tax reporting purposes.
Capital Gains & Tax Matters
Accountants and tax professionals may require retrospective valuations to determine the fair market value of a property at a past date for:
- capital gains calculations
- inherited property valuation
- CRA reporting
- financial planning
Litigation Support
Lawyers may request retrospective or current appraisals to support negotiation, mediation, arbitration, or court proceedings involving real estate value.
Our Retrospective Appraisal Process
Preparing a reliable retrospective appraisal involves detailed analysis and documentation. The process may include:
- Reviewing property details and available records
- Researching historical sales data
- Analyzing market conditions at the required valuation date
- Applying appropriate appraisal methods
- Preparing a comprehensive written report
Each report is prepared to provide a clear explanation of the valuation process and the data supporting the final opinion of value.
Who We Work With
VALOPINE provides retrospective and litigation appraisal services for:
- family law lawyers
- litigation lawyers
- estate and probate lawyers
- Chartered Professional Accountants (CPAs)
- tax consultants
- paralegals
- executors and property owners
We understand that these assignments often involve strict timelines and detailed documentation requirements, and we work closely with professionals to ensure the appraisal report meets the needs of the file.
Retrospective Valuations
Many legal matters require the value of a property as of a past date. A retrospective appraisal involves analyzing historical market data to determine what the property was worth at the required valuation date.
Retrospective appraisals may be required for:
- separation date valuation
- estate valuation
- capital gains calculations
- litigation matters
- CRA reporting
These assignments require detailed research and careful analysis of historical market conditions.
