Multiple-Parcel Estate Appraisals
An estate with several parcels often needs more than a separate value attached to each parcel number. How the parcels function together, what rights are held, and how buyers would view them can all affect the valuation.
Understand what the estate owns
We begin with the full parcel list and available ownership, access, and property information. A tax parcel number alone does not establish a separately marketable or independently buildable property. Title documents, surveys, zoning information, and professional guidance may be needed to clarify the interests and scenarios to be valued.
Separate values and combined use
Some parcels compete individually in the market. Others share access, utilities, improvements, or a use that makes their relationship important. The assignment establishes whether individual values, a combined value, or both are needed. Any allocation is explained; the sum of individual indications is not automatically the value of the combined holding.
One coordinated set of assumptions
A coordinated appraisal can help attorneys, CPAs, and fiduciaries compare the results using consistent dates and clearly identified rights. Differences in zoning, utility, condition, access, and highest and best use are addressed where relevant. The scope can support tax reporting or distribution planning without deciding the legal division of the estate.
Preparing the parcel information
Send a complete parcel list, maps, available deeds and title reports, known easements, information about shared improvements, and the required date or dates. Identify any contemplated sale, distribution, or buyout and the deadlines involved. We will discuss how the parcels relate before establishing the fee and deliverables.
Let’s define the assignment.
Tell us about the property, the decision you need to make, and any deadline. We will discuss the scope, fee, and next steps.
Discuss a Multiple-Parcel Estate