Date of Death and Estate Settlement Appraisals
Independent valuations for probate, estate filings, executor obligations and legal requirements.
Clear, accurate, retrospective values trusted by accountants and estate lawyers across the GTA and surrounding areas
When a loved one passes away, the estate often requires a formal appraisal that reflects the home’s fair market value on the date of death. Executors, accountants and lawyers rely on this value for probate, tax filings and fair distribution of estate assets. Advanced Appraisals provides accurate retrospective valuations and current market assessments that are clear, neutral and aligned with estate requirements.
- Retrospective date of death valuation
• Current value for estate sale decisions
• Comparable sales matched to the valuation date
• Market and neighbourhood context
• Review of property condition and characteristics
• Clear reconciliation of final value
• Digital PDF report
• Availability to answer executor or lawyer questions
WHY THESE APPRAISALS ARE REQUIRED
• Executors and trustees
• Estate lawyers
• Accountants preparing tax filings
• Trustees of wills
• Family members and beneficiaries
• Mediators and legal professionals handling estate disputes
We appraise all major residential property types including:
• detached, semi detached and townhomes
• condominiums
• luxury and custom homes
• multi unit properties up to four units
• homes with renovations, additions or income suites
FAQ
What is a date of death appraisal?
It is a retrospective valuation that determines the property’s fair market value as of the date the owner passed away.
Why does probate require an appraisal?
The probate court needs a reliable value to calculate estate administration tax and confirm the estate’s financial position.
Can you complete the valuation even if the home has changed since the date of death?
Yes. We base the valuation on the condition and market environment as of the date of passing, not the present day.
Do you work with lawyers and accountants directly?
Yes. We regularly coordinate with estate lawyers and accountants to support their filing requirements.
Can this valuation be used for capital gains?
Yes. Accountants often use our retrospective values to establish cost basis for capital gains calculations.
What if the property needs to be sold?
We can provide both the retrospective value and a current market value to help guide listing decisions.
