Divorce Appraisals

Divorce Appraisals

If you are going through a divorce it is extremely important to know the value of your real estate, as it is likely to have as great, or greater, of an impact on the financial aspects of your divorce than any other asset.

PURPOSE

How We Help

In the intricate landscape of divorce proceedings, the accurate valuation of assets plays a pivotal role in achieving equitable settlements. We understand the importance of this process and are dedicated to providing expert real estate appraisals tailored specifically for divorce cases. Utilizing a meticulous approach, we assess the fair market value of each property, considering factors such as market trends, economic conditions, and the specific attributes that contribute to their overall value.

In addition to our role as appraisers, we also serve as expert witnesses in divorce proceedings. We provide compelling and well-reasoned testimony, articulating the methodology and rationale behind our valuations. Our testimony is delivered with precision and clarity, assisting legal professionals, judges, and juries in understanding the intricacies of asset valuation. With a track record of excellence in this capacity, we ensure that our clients receive the support they need to navigate the complexities of divorce with confidence.

Pricing

Fees and Add-ons

Here are the fees that we charge for divorce appraisals, and any add-ons that may be needed as part of the process.



Single Date Appraisal

A single appraisal for the subject property based on a current or retrospective date

$750

starting at



Secondary Date Apprisal

Add a secondary valuation date to the appraisal. For example, add a retrospective date of valuation to the analysis

$500



Court Testimoy

Hourly fee for court testimony either in-person or via video conference

$250

per hour

Need help with an appraisal?

Tell us a little bit about the property and we will send you a customized appraisal quote!

Thank you

Thanks for reaching out. We will get back to you soon.

Oops! Something went wrong while submitting the form.

Frequently Asked Questions

Answers to the most common questions for divorce appraisals

Will it require more than 1 appraisal?

In the case that the property was purchased prior to the marriage, an appraisal based on the date of marriage may be needed to establish the starting value of the home, so that the equity gain over the course of the marriage can be calculated.
‍
Sometimes, one appraisal will be completed on behalf of both parties. Other times, each party will obtain their own appraisal. We recommend you speak with your attorney and find out which approach they want to take.

I want a low (or high) value. Is that ok?

While you may think you want a low, or high, value, what you really want is an accurate picture of the market value.

You may be tempted to try to find an appraiser who will have an aggressive approach to value (high value) or a conservative approach (low value), you should reconsider.

Not only would this violate the appraisers license and ethics guidelines (you don’t want to work with someone who would do that, right?) but it would also result in a report that would not be able to be well supported or defended in court.

An appraisal that well supported by the market data will be the most supportable in court and will result in the best overall outcome.

What should be included in the report?

The appraisal should be based on market analysis and have clear mathematical reasons for all adjustments made.

It should include commentary on the adjustments, the comparable properties that were chosen (and how they compare to the subject property), and a clear explanation of how the appraiser arrived at the opinion of value.

It should also include photos of all rooms and features of the home. This may not be possible if the property is not able to be inspected from the interior.

Does the appraiser need to testify?

It depends on your specific case. Some divorces are settled outside of court and therefore would not require a testimony. However, in the case that it does go to court, you want to make sure the appraiser you use is willing to testify, and qualified to do so.

Not all appraisers are willing to testify in court, and you don’t want to end up in a spot where you don’t have an expert witness when you need one.

We are happy to testify in court if it is needed.