Retrospective Valuation
Retrospective Property Valuation
A valuation dated back to a specific point in time, supported by comparable sales evidence from that period.
Overview
What is a Retrospective Valuation?
A retrospective valuation is a valuation of a property at a date in the past. It is prepared using comparable sales evidence from the relevant period, rather than current market data. Retrospective valuations are required for a range of tax, legal, and compliance purposes where the relevant date is in the past.
Neon Bridge specialises in retrospective valuations for NSW residential property. We have access to historical sales data and can prepare valuations dating back to the 1980s for most properties. Our reports are prepared using a documented methodology and are suitable for use in tax returns, legal proceedings, and compliance purposes.
Who Needs This
Is this valuation right for you?
- Property owners who need to establish market value at a date in the past for tax purposes
- Executors and administrators who need to establish market value at the date of death
- Trustees and beneficiaries who need to establish market value for trust distribution purposes
- Individuals involved in family law proceedings who need a historical property valuation
- Accountants and solicitors who need a documented historical valuation for a client matter
What We Provide
What is included in your report
- Written valuation report with a stated market value at the specified historical date
- Comparable sales evidence from the relevant period
- Documented methodology consistent with ATO and legal requirements
- Signed report suitable for use in tax returns, legal proceedings, or compliance purposes
- Report prepared by a Chartered Accountant and licensed NSW real estate agent
Documentation
What you need to provide
No site visit is required. We complete your report using publicly available data and the information you provide.
Property address
The specific valuation date required
The purpose of the valuation
Any known improvements made to the property
Any previous valuations or appraisals (if available)
FAQ
Common questions
How far back can you prepare a retrospective valuation?
We can prepare valuations dating back to the 1980s for most NSW residential properties, subject to the availability of comparable sales data. The further back the date, the more limited the available data, but we will advise you of any limitations before proceeding.
Is a retrospective valuation accepted by the ATO?
Yes. The ATO accepts retrospective valuations for a range of purposes, including CGT, deceased estates, and SMSF compliance. The key requirement is that the valuation be prepared by a suitably qualified person using a documented methodology and comparable sales evidence from the relevant period.
Can a retrospective valuation be used in legal proceedings?
Yes. Retrospective valuations are regularly used in legal proceedings, including family law, probate, and estate administration. Our reports are prepared to a standard that is suitable for use in legal proceedings, but we recommend you seek legal advice on the specific requirements of your matter.
Also Available
Related services
Get started today
Ready to order your report?
Submit your enquiry and we will confirm the fixed fee and turnaround time. Your report will be ready within 48 hours of receiving your documentation.
Request a Valuation