Estate valuation is a key process in determining the market value of a property or estate. It involves assessing various factors, including location, condition, size, and comparable sales in the area. This process is often used for real estate transactions, taxation, inheritance, and legal matters. In the USA, estate valuation is crucial for determining fair prices in sales, ensuring proper tax assessments, and resolving estate disputes. Accurate estate valuation helps property owners, investors, and legal professionals make informed decisions regarding the buying, selling, and management of real estate assets, supporting sound financial planning.