Can you complete an appraisal for a date several years in the past?

Yes. A retrospective appraisal develops an opinion of value as of a historical effective date. The appraiser will research market conditions, comparable sales and other relevant information from the period being analyzed. The amount and quality of historical information available can vary depending on the property and effective date.

Why would I need an appraisal for probate or an estate?
An independent appraisal can provide documented support for the value of real property involved in an estate. Executors, personal representatives, attorneys, CPAs and heirs may need an appraisal for estate administration, probate, tax-related matters, asset distribution or other estate planning purposes.

Do you perform appraisals for divorce and property division?
Yes. We provide independent residential appraisals for divorce, separation and property division. An appraisal may be useful when one party plans to retain the home, the property will be sold, the parties disagree about value, or attorneys or mediators need an independent opinion of value.

Can both parties in a divorce use the same appraisal?
That depends on the circumstances and what the parties and their attorneys agree to. An appraiser's role is to provide an independent, impartial opinion of value rather than advocate for either party.

What is the difference between an appraisal and a real estate agent's CMA?
A Comparative Market Analysis (CMA) is generally prepared by a real estate professional to assist with pricing or marketing a property. An appraisal is an independent opinion of value developed by a qualified appraiser using recognized appraisal methods and supported by market analysis. The appropriate service depends on why the property value is needed.

Do you have to inspect the property?
The appropriate scope of work depends on the appraisal assignment, intended use, property and available information. We will discuss the assignment with you before beginning and explain what information or property access is needed.

How long does an appraisal take?
Turnaround time varies depending on the property, complexity of the assignment, effective date and availability of market information. Retrospective assignments may require additional research. We provide an estimated turnaround time when quoting the assignment.

How much does a private appraisal cost?
Appraisal fees depend on the property and complexity of the assignment. Factors may include property type, location, acreage, complexity, intended use and whether a current or retrospective valuation is required. Contact us with the property information and purpose of the appraisal for a fee quote.

What areas do you serve?
American Property Appraisal, LLC provides residential appraisal services throughout our Western Washington service area. Contact us with the property address and we can confirm coverage for your location.

What information should I provide when requesting an appraisal?
Please provide the property address, reason the appraisal is needed, the effective date if a historical valuation is required, and your contact information. For estate, divorce or legal matters, it is also helpful to let us know whether an attorney, CPA, executor, trustee or other professional is involved.

How do I get started?
Contact American Property Appraisal, LLC with the property address and purpose of the appraisal. We can discuss the assignment, determine the appropriate appraisal service, provide a fee quote and explain the next steps.