A date of death appraisal establishes the fair market value of real estate as of the decedent's date of death (or the alternate valuation date when elected). Attorneys, CPAs, and executors use this retroactive valuation for Surrogate's Court filings, IRS Form 706 estate tax returns, and stepped-up cost basis for heirs.
Madison & Park Appraisal is a Court Approved Appraiser in New York and an SRA-designated residential appraiser. We deliver USPAP-compliant retrospective reports for Westchester County, Manhattan, and surrounding markets — typically within 5–10 business days.
IRS Form 706 & estate tax: Fair market value at the date of death drives federal (and applicable state) estate tax reporting. A qualified, USPAP-compliant appraisal supports the return and audit defense.
Stepped-up basis: Heirs receive a cost basis equal to fair market value at the date of death. An accurate appraisal documents that basis and can reduce capital gains when the property is later sold.
Probate & estate administration: Surrogate's Court and estate counsel rely on certified valuations for inventory, accounting, and distribution among beneficiaries. See our probate appraisal and estate appraisal pages for related services.
Attorney-ready reports: We prepare reports structured for counsel, fiduciaries, and tax professionals — clear effective date, market support, and USPAP certifications.
Unlike a current-date appraisal, a date of death assignment uses only market evidence available as of the effective date: closed sales, listings, and conditions contemporaneous with that date. We routinely complete retrospective appraisals going back several years using historical MLS and public-record data.
For Greenwich and other Connecticut estates, we are licensed in Connecticut. Connecticut does not maintain a court-appointed appraiser list (see Conn. Gen. Stat. § 45a-346 context). Fiduciaries retain a licensed appraiser for USPAP-compliant retrospective reports as of the date of death or divorce/separation date. Dual NY + CT licensure also helps when portfolios span both states. Learn more on our Greenwich CT real estate appraiser page.
We appraise Manhattan co-ops, condos, and townhouses as of the date of death for estate counsel and CPAs. Deep historical co-op and condo market data supports retrospective opinions. See Manhattan real estate appraiser for borough coverage.
Explore estate appraisals, probate appraisals, divorce appraisals, and our complete Guide to Estate and Date of Death Appraisals.
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Certified appraisals across Westchester County, Manhattan, and Greenwich CT.
"I worked with David from Madison and Park on two occasions for a market valuation of our home. He was very friendly and professional. He made the entire process painless and easy and his knowledge of the market was a huge help. I will use him again for any other appraisals I need."
"David was very responsive and answered all my questions. He had a highly professional approach and process for the home appraisal. I strongly recommend his services!"
"Dave Lister is extremely knowledgeable and professional. I highly recommend him!"
Contact us today for a free quote. We work directly with estate attorneys, CPAs, and executors.