Divorce Appraisals

In divorce proceedings, property division is often one of the most complex and emotionally charged issues, especially when real estate is involved. A professional real estate appraiser plays a vital role in helping both parties and the court establish a fair and accurate property valuation. The appraiser provides an unbiased, objective assessment of the property’s value, ensuring that decisions related to asset division are based on reliable data. This can be particularly important when one party may buy out the other’s share of the home, making it essential to have a clear understanding of the property’s market worth.

Typically, two appraisal reports are required in divorce cases—one for each party—so that the judge and both sides can evaluate and agree upon a fair value for the property. Each appraisal offers a professional opinion that helps inform equitable decisions regarding the division of assets. Whether it’s a primary residence or an investment property, having accurate and reliable appraisals can make the process smoother, helping avoid potential disputes over the property’s worth.

Depending on the complexity of the property, different types of appraisals may be used. For more straightforward cases where the square footage or basic features aren’t in question, a desktop appraisal may be sufficient, providing a valuation based on available data without a physical inspection. However, for high-value or complicated properties, such as those with unique features or substantial renovations, a full, in-person appraisal is recommended to ensure every detail is accounted for. Having an experienced appraiser on board ensures that all parties have the information needed to make informed decisions during the settlement process.