Retrospective Appraisal

A Retrospective Appraisal is a property valuation that estimates the market value of a property as of a specific past date. This type of appraisal is often used for legal, tax, or estate purposes, such as determining value for a past transaction, date of death, or prior financial reporting. The appraiser relies on historical data, comparable sales, and market conditions that existed on the specified date to provide an objective and well-supported opinion of value.