Estate appraisals in Pahrump, NV

Someone has died and left a Pahrump home, and you need to know what it was worth. We write that opinion of value, as of the date of death or today.

Send the address, the date to be valued and your deadline.

Where most people start

  • You're the executor and the court wants a value. In probate the inventory is due within 120 days after letters issue, so call early. See probate appraisals.
  • Heirs want to sell, or buy each other out. You may need a current value, a date-of-death value, or both.
  • Your tax adviser asked for the date-of-death value. See IRS step-up appraisals.
  • The home is in a trust. Same work. Tell us who will use it.

Which date, and why it matters

Most estate assignments look back to the date of death. Some need a current value instead, for a sale or a buyout. Tell us which before we start. A town-wide median can't do this; the appraisal values your one property on one date.

The house as it was, not as it is

An inspection shows today's house. If the home was repaired or remodeled after the owner died, the earlier value may differ. Dated photographs, an old listing or invoices help, with a note of what changed and when. Any gaps, and the assumptions covering them, go in the report.

What to send us

  • The address and parcel number (Nye County Assessor's online search)
  • The date of death, or the other date to be valued
  • Probate or trust details, and who uses the report
  • Photos, listings and invoices from around that date
  • Access arrangements, your deadline, and any attorney or accountant instructions

What happens next

  1. Talk it through. Scope, fee and delivery estimate are agreed before work begins.
  2. Inspect and document. We arrange entry and ask for records of condition and changes.
  3. Research and report. The appraiser analyzes sales for the effective date and sets out the reasoning.
  4. Review. Check the dates, stated use and assumptions, and send any corrections.

Taxes, in brief

Nevada has no inheritance tax. An heir's tax basis is generally the home's fair market value when the owner died, which is why the date-of-death value matters. For married owners, ask your tax adviser about the surviving spouse's half. The IRS step-up page covers the rest.

Fees and timing

Fee and delivery depend on how far back the value reaches, the property, access and your deadline. Ask for a written estimate and check availability before you rely on a filing date. Reports follow USPAP, but that does not mean every recipient will accept the value.

The Nevada rules, for your attorney

Related: probate appraisals, IRS step-up appraisals, or all appraisal services.

Talk to us about your property

Tell us the address, the purpose and your deadline, and we'll quote the assignment. Monday to Saturday, 7am–7pm.