Assessors, Valuators, and Appraisers

(NOC 1314)

in All Business, Finance, and Administration

Assessors, valuators and appraisers determine the value of land, businesses, estates and other real property, for purposes of sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Assessors, valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.

Job Outlook

Good

Read more

  • Estimate Moderate growth employment change, 2017-2019
  • Estimate 60 openings due to growth and retirements, 2017-2019
  • Estimate Low rate of unemployment in 2016

Compared to: All Business, Finance, and Administration

  • Estimate Moderate growth employment change, 2017-2019
  • Estimate 6600 openings due to growth and retirements, 2017-2019
  • Estimate Low rate of unemployment in 2016

The employment outlook over the next few years for this occupational group is “good”, which indicates the chances of a qualified individual finding work is better than average when compared to other occupations in Nova Scotia. This is not a large occupation in Nova Scotia so job opportunities may not be that frequent. However, competition for positions may be low due to few qualified jobseekers. The number employed in this occupation is expected to grow moderately over the next few years, which will likely provide some additional opportunities for employment. With a large percent of workers being 55 years of age and older, retirements are expected to be a key contributor to employment opportunities over the coming years. Assessors, Valuators, and Appraisers most commonly work full-time hours.

The median employment income for 76% of Assessors, Valuators, and Appraisers who worked full-time, year-round in 2015 was $63,118. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)

Hourly Pay

$15.00

Minimum

$30.15

Median

$42.05

Maximum

Annual Pay

$21,273

Minimum

$59,200

Median

$90,494

Maximum

Compared to: All Business, Finance, and Administration

Hourly Pay

$13.00

Minimum

$21.03

Median

$35.90

Maximum

Annual Pay

$6,754

Minimum

$36,515

Median

$70,271

Maximum

About the job

Nature of work

Assessors, valuators and appraisers determine the value of land, businesses, estates and other real property, for purposes of sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Assessors, valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.

Job duties

Assessors perform some or all of the following duties:

  • Assess value of land, building, structures, machinery, equipment and property improvements for purposes of taxation, grants and regional planning and prior to sale or purchase.
  • Review and analyze data such as past sales, title searches, engineering and alignment maps, soil maps, subdivision plans, water and sewer plans, leasing cost data and easements.
  • Explain assessment process to ratepayers.

Valuators perform some or all of the following duties:

  • Collect and analyze financial records of a business, such as financial statements, budgets, projections and sales data, to assess its competitiveness or to estimate its market value.
  • Prepare reports for estate planning, matrimonial litigation, insurance and business losses.
  • Appear as an expert witness before courts, security regulators and other regulatory boards and commissions.

Appraisers perform some or all of the following duties:

  • Appraise value of property, building, industrial and commercial machinery and equipment and personal and household items.
  • Prepare appraisal reports for lending agencies, insurance companies, government departments, courts, attorneys, creditors, buyers or auctioneers. // Assessors may specialize in advising and consulting in a specific field of assessment such as residential, commercial, industrial, institutional, or farm lands. Appraisers may specialize in a specific type of appraisal such as real estate appraisal.

Sample job titles

  • appraiser (except customs)
  • assessor (except tax)
  • automobile appraiser
  • business valuation officer
  • chartered appraiser
  • insurance appraiser
  • municipal assessor
  • property appraiser
  • real estate analyst
  • real estate appraiser

Skills

To work in this field, you need to be organized and analytical, and must be able to meet deadlines. You must have knowledge of the value of similar businesses or property in the area. Good communication skills are important. A good understanding of business and finance is necessary.

Job requirements

  • Assessors require a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
  • Valuators usually require a bachelor's degree or college diploma in accounting, business or commerce and accreditation with the Canadian Institute of Chartered Business Valuators based on successful completion of its business and security valuation program.
  • Appraisers require a college diploma or vocational training in the field of appraisal or several years of experience in a position related to the field of appraisal.
  • Real estate appraisers usually require several years of experience as a real estate agent, right-of-way agent or property administrator and may require Canadian residential appraiser certification.
  • Appraisers of residential, commercial or industrial property require accreditation with the Appraisal Institute of Canada.

Other considerations

Progression to management positions in each field is possible with experience.

By the numbers

Quick look

265

employed in 2016

95.9%

employed full-time

26.4%

self employed

29.1%
Icons/female Created with Sketch.
70.9%
Icons/male Created with Sketch.
51.5

median age

Compared to: All Business, Finance, and Administration

63,775

employed in 2016

81.3%

employed full-time

6.6%

self employed

73.4%
Icons/female Created with Sketch.
26.6%
Icons/male Created with Sketch.
47.9

median age

Where will I likely work?

54.5%

Halifax

16.4%

Northern

12.7%

Annapolis Valley

9.1%

Southern

7.3%

Cape Breton

Compared to: All NS Occupations

47.0%

Halifax

15.6%

Northern

12.9%

Annapolis Valley

12.7%

Cape Breton

11.8%

Southern

Top Industries of Employment

57.7%

Finance, Insurance, Real Estate & Leasing

25.0%

Public Administration

9.6%

Professional Business Services

3.8%

Other Industries

3.8%

Other Professional Services

What is the age of Employment?

44.4%

55-64

33.3%

45-54

11.1%

25-34

11.1%

65+

11.1%

35-44

Compared to: All Business, Finance, and Administration

36.5%

45-54

28.0%

55-64

18.6%

35-44

10.7%

65+

6.0%

25-34

Top levels of education

40.8%

Bachelor's degree

$51,676 median annual income
22.4%

College certificate or diploma

$42,750 median annual income
12.2%

High school

$49,366 median annual income
12.2%

University certificate or diploma

N/A
6.1%

Trades certificate

N/A

Compared to: All Business, Finance, and Administration

34.4%

College certificate or diploma

$33,837 median annual income
23.7%

High school

$30,074 median annual income
22.9%

Bachelor's degree

$39,473 median annual income
5.8%

Trades certificate

$32,871 median annual income
4.7%

Less than high school

$23,775 median annual income

Education & training

Accounting

This program is typically offered at the university level.

This instructional program class comprises any program that prepares individuals to practice the profession of accounting and to perform related business functions. These programs include courses in accounting principles and theory, financial accounting, managerial accounting, cost accounting, budget control, tax accounting, legal aspects of accounting, auditing, reporting procedures, statement analysis, planning and consulting, business information systems, accounting research methods, professional standards and ethics, and applications to specific for-profit, public, and non-profit organizations.

Institutions providing this program

CPA Atlantic School of Business Association

200 Barrington Street, Suite 1306

Halifax, NS B3J 3K1

(902) 334-1176

Acadia University

15 University Avenue

Wolfville, NS B4P 2R6

(902) 542-2201

Dalhousie University

Office of the Registrar

Halifax, NS B3H 4R2

(902) 494-2450

Mount Saint Vincent University

166 Bedford Highway

Halifax, NS B3M 2J6

(902) 457-6117

St. Francis Xavier University

PO Box 5000

Antigonish, NS B2G 2W5

(902) 867-2219

Saint Mary's University

923 Robie Street

Halifax, NS B3H 3C3

(902) 420-5400

Cape Breton University

PO Box 5300 1250 Grand Lake Road

Sydney, NS B1P 6L2

(888) 959-9995

Accounting technology/technician and bookkeeping

This program is typically offered at the trades/college level.

This instructional program class comprises any program that prepares individuals to provide technical administrative support to professional accountants and other financial management personnel. These programs include courses in posting transactions to accounts, record-keeping systems, accounting software operation, and general accounting principles and practices.

Institutions providing this program

Maritime Business College - Dartmouth

45 Ochterloney Street, Suite 100

Dartmouth, NS B2Y 2N6

(902) 463-6700

Eastern College - Halifax

6940 Mumford Road, Suite 111

Halifax, NS B3L 0B7

(902) 423-3933

Academy of Learning - Halifax

6960 Mumford Road, Suite 155-1st Floor Mumford Professional Centre

Halifax, NS B3L 4P1

(902) 455-3395

Centre for Distance Education

222 George Street, Suite C

Sydney, NS B1P 1J3

(866) 446-5898

Mount Saint Vincent University

166 Bedford Highway

Halifax, NS B3M 2J6

(902) 457-6117

Nova Scotia Community College - Cumberland Campus

PO Box 550, 1 Main Street

Springhill, NS B0M 1X0

(902) 597-3737

Nova Scotia Community College - Burridge Campus

372 Pleasant Street

Yarmouth, NS B5A 2L2

(902) 742-3501

Nova Scotia Community College - Kingstec Campus

236 Belcher Street

Kentville, NS B4N 0A6

(902) 678-7341

Nova Scotia Community College - Lunenburg Campus

75 High Street

Bridgewater, NS B4V 1V8

(902) 543-4608

Nova Scotia Community College - Pictou Campus & School of Fisheries

PO Box 820, 39 Acadia Avenue

Stellarton, NS B0K 1S0

(902) 752-2002

Nova Scotia Community College - Strait Area Campus & Nautical Institute

226 Reeves Street

Port Hawkesbury, NS B9A 2A2

(902) 625-2380

Nova Scotia Community College - Marconi Campus

PO Box 1042, 1240 Grand Lake Road

Sydney, NS B1P 6J7

(902) 563-2450

Nova Scotia Community College - Truro Campus

36 Arthur Street

Truro, NS B2N 1X5

(902) 893-5385

Nova Scotia Community College - Waterfront Campus & Aviation Institute

80 Mawiomi Place

Dartmouth, NS B2Y 0A5

(902) 491-1100

Business/commerce - General

This program may be offered at the college, trades, or university level.

This instructional program class comprises any program that focuses on the general study of business, including the processes of interchanging goods and services (buying, selling and producing), business organization, and accounting as used in profit-making and non-profit public and private institutions and agencies. The program prepares individuals to apply business principles and techniques in various occupational settings.

Institutions providing this program

Dalhousie University

Office of the Registrar

Halifax, NS B3H 4R2

(902) 494-2450

University of King's College

6350 Coburg Road

Halifax, NS B3H 2A1

(902) 422-1271

Universite Sainte-Anne

Siège Social: 1695, Route 1

Pointe-de-l'Église, NS B0W 1M0

(902) 769-2114

Saint Mary's University

923 Robie Street

Halifax, NS B3H 3C3

(902) 420-5400

Cape Breton University

PO Box 5300 1250 Grand Lake Road

Sydney, NS B1P 6L2

(888) 959-9995

Employment requirements & contacts

Regulations

Real Estate Appraiser

Right to Title and Practice: This job is regulated and the job title is protected in Nova Scotia (you may not use this job title without holding a provincial licence). A licence shows that the holder has met provincial requirements and is required to work in this job.

Regulating body:
Nova Scotia Real Estate Appraisers Association
5670 Spring Garden Road, Suite 602
Halifax, NS B3J 1H6
(902) 422-4077
(902) 422-3717

Contacts

Property Valuation Services Corporation
238A Brownlow Avenue, Suite 200
Dartmouth, NS B3B 2B4
Tel: (800) 380-7775
Fax: (888) 339-4555
Canadian Institute of Chartered Business Valuators
277 Wellington Street West, Suite 710
Toronto, ON M5V 3H2
Tel: (416) 977-1117
Fax: (416) 977-7066

Additional resources

Job postings

There are currently no job postings for this occupation.