Gravitas Valuation provides independent multifamily appraisals for market‑rate, affordable, Section 8, and LIHTC communities.
We work with personal representatives, probate attorneys, and fiduciaries to determine the appropriate effective date (often a retrospective “date of death” value) and prepare a report that meets the needs of the probate court and any tax filings. This includes careful documentation of the property’s condition and relevant market data as of the required valuation date.
By engaging an experienced commercial appraiser early in the probate process, executors can reduce uncertainty, minimize conflict among beneficiaries, and demonstrate that real estate decisions were based on an independent, professional opinion of value.
Our multifamily appraisals typically emphasize the income approach supported by detailed rent and expense benchmarking, with sales comparison and cost approaches applied as appropriate. For affordable and tax‑credit deals, we review regulatory agreements, income limits, and compliance status to correctly reflect restrictions and investor expectations. Each report is USPAP‑compliant and signed or reviewed by an MAI‑designated certified general appraiser.
