Retrospective Valuations

Retrospective Valuations

Herron Todd White provides independent Retrospective Valuations backed by local expertise and national consistency.

Frequently Asked Questions

What is a retrospective valuation, and when do you need one?

A retrospective valuation sets a property's market value as at a past date. You may need one for capital gains tax, a deceased estate, a family law settlement, a legal dispute, or SMSF reporting, where the value on a specific past date matters. Your accountant or lawyer can confirm which date applies.

How far back can you value a property?

As far back as reliable sales evidence allows. Many requests go back to 20 September 1985, when capital gains tax was introduced. The further back the date, the more the valuation depends on the historical sales records that are available.

How do you know what the property looked like back then?

We draw on your descriptions and records, old photographs, building approvals, previous sales listings, and aerial imagery. Together, these establish the property's condition and improvements at the valuation date.

Do you still need to inspect the property?

In most cases, yes. An inspection today confirms the land, location, and building, which haven't changed. Your valuer then sets aside any later renovations, based on the records you provide, to value the property as it was.

Can you provide a current and a retrospective valuation together?

Yes. A combined report values the property at two dates, such as the date it became an investment and today. This is common where both figures are needed, for tax or legal purposes.