Santa Clara County
A historical valuation date from years ago
When the required effective date is far in the past and the property must be considered in the market context that existed then.
A present-day estimate cannot simply be carried backward to an earlier year because neighborhoods, property conditions, and buyer expectations change over time.
Santa Clara County estates may include older Silicon Valley homes, attached housing, luxury residences, rural-residential property, and real estate affected by decades of market change.
The assignment focuses on the evidence available around the historical date and on clearly identifying any assumptions required because of the passage of time.