What is a retrospective appraisal?
A retrospective appraisal has an "effective date" of some point in the past. This type of appraisal is often needed for tax purposes, or to support the value of a transfer of ownership due to death or inheritance at a specific point in time.
The comparable market indicators (comps) that will form the basis of a sales comparison analysis will be from the time period as opposed to the most recent available. Touchstone Real Estate Services has decades of experience providing retrospective appraisals in Palm Beach County. We can often assist clients in determining the appropriate date and other specifics depending on their requirements and situation.