@jlbkzo , agreeing with my colleague @Anonymous_ , just wanted to point out that ( and assuming your house was in MI ) SEV is not the same as FMV. You need to use FMV ( Fair Market Value ) at the time of death as your basis in computing the gain/ loss. My experience in MI is that SEV ( State Equalized Value) is based on assessed value and not Fair Market Value. If you are not in MI, I may be totally in the left field..
Please accept my condolences for your great loss.
pk
