Estate & Probate Home Appraisals in Markham
Executor guide to ordering a residential appraisal for an estate in Markham — retrospective vs current value, documentation, and CRA reporting.
When a Markham property owner passes away, an independent
When a Markham property owner passes away, an independent appraisal is typically required to support probate filings in Ontario, estate accounting, capital gains calculations, and beneficiary distribution.
Estate appraisals are commonly performed as of the date
Estate appraisals are commonly performed as of the date of death (a retrospective appraisal) or as a current-value report depending on purpose. Retrospective reports use archived MLS and MPAC (Municipal Property Assessment Corporation) data to reconstruct the market at that date.
Comparable depth is strong March
Comparable depth is strong March–November; a mid-winter effective date may require a 90-day bracket in outlier submarkets. That matters for date-of-death effective dates falling in low-volume months — the appraiser may need a 90–120 day comparable bracket.
Executor checklist for Markham
Executor checklist for Markham: land title, most recent property tax and assessment notice, list of post-death improvements, any survey or Real Property Report, condo status certificate where applicable, and counsel/accountant instructions.
This article is general information for Ontario executors…
This article is general information for Ontario executors and is not legal or tax advice. Coordinate the report scope with the estate lawyer and accountant before ordering.
Directory pages that match this topic
Jump from this guide to the Markham directory pages for the services, property types, and situations it covers.
Related articles
Hand-picked guides that share this article's topic and service intent.
What executors and beneficiaries need to know about ordering a residential appraisal for an estate.
What separating spouses in Markham need to know about ordering an independent appraisal — joint vs. individual appraisers, effective dates, and documentation.
How matrimonial home appraisals work in Canada, including who orders them, what documents are needed, and how the report can be used.
How long a residential appraisal takes in Markham — typical 3–7 business days for standard reports — and what shifts the timeline.