The majority of appraisals are “as of” the current date. It may be required in some circumstances to create an appraisal based on a historical date.
This frequently occurs in legal lawsuits, estate settlements, income tax challenges, and property conflicts.

When a value as of a previous date requires an appraisal, it is called a Retrospective Appraisal or Retrospective Value. These are the terms used in the industry to describe this process.

Retrospective Appraisals are created and supported by historical facts pertaining to the period of time from the appraisal’s effective date. This process can be a challenge to the appraiser inexperienced with retrospective evaluations, especially when the effective date is many years in the past. 

 At Appraisal Time we have over 25 years of Retrospective Appraisal analysis experience, to provide confidence of accurate and verifiable retrospective value.