Fees vary by location, property type, and complexity, but most single-family date of death appraisals fall in the same general range as standard residential appraisals, roughly a few hundred dollars, with higher fees in expensive coastal markets and for large, unusual, or multi-unit properties. Some appraisers charge slightly more for retrospective work because it requires researching historical sales data rather than pulling current listings. The effective date also matters. A valuation as of a recent death is straightforward, while one dated several years back takes more research and may cost more. When comparing quotes, confirm the appraiser is licensed in the property’s state, has experience with estate assignments, and will state the date of death as the effective date in the report. The fee is usually a deductible administration expense for the estate, and it is small compared to what a documented stepped-up basis can save in capital gains tax when the property sells.
