Assessors, Valuators, and Appraisers
(NOC 1314)
in All Business, Finance, and AdministrationAssessors, valuators and appraisers determine the value of land, businesses, estates, and other real property for the sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Assessors, valuators and appraisers work for government agencies, real estate firms and other private companies, or they may be self-employed. Assessors may specialize in advising and consulting in a specific field of assessment like residential, commercial, industrial, institutional, or farm lands. Appraisers may specialize in a specific type of appraisal like real estate appraisal.
Job Outlook
Average
Read more
Compared to: All Business, Finance, and Administration
A large portion in this occupation work in real estate services, so changes in bank policies on mortgage lending can affect demand for appraisal services. Government also employs this group, as it provides property valuation services for tax purposes, as well as the auto insurance industry. Specific skills and training as well as professional accreditation are usually required. An academic background in finance or commerce is a strong asset to enter an accreditation program.
Hourly Pay
$20.88
Minimum$36.06
Median$48.23
MaximumAnnual Pay
$21,273
Minimum$59,200
Median$90,494
MaximumCompared to: All Business, Finance, and Administration
Hourly Pay
$15.00
Minimum$23.00
Median$38.50
MaximumAnnual Pay
$6,754
Minimum$36,515
Median$70,271
MaximumAbout the job
Nature of work
Assessors, valuators and appraisers determine the value of land, businesses, estates, and other real property for the sale, purchase, taxation or disposal of assets. Appraisers also determine the value of personal and household items. Assessors, valuators and appraisers work for government agencies, real estate firms and other private companies, or they may be self-employed. Assessors may specialize in advising and consulting in a specific field of assessment like residential, commercial, industrial, institutional, or farm lands. Appraisers may specialize in a specific type of appraisal like real estate appraisal.
Job duties
Assessors:
- Assess value of land, building, structures, machinery, equipment and property improvements for taxation, grants and regional planning, and prior to sale or purchase.
- Review and analyze data like 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:
- Collect and analyze financial records of a business like 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:
- 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.
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
- 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 need a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
- Valuators usually need 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 need 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 need several years of experience as a real estate agent, right-of-way agent or property administrator and may need Canadian residential appraiser certification.
- Appraisers of residential, commercial or industrial property need accreditation with the Appraisal Institute of Canada.
Other considerations
- Movement to management positions in each field is possible with experience.
By the numbers
Quick look
employed in 2016
employed full-time
self employed
median age
Compared to: All Business, Finance, and Administration
employed in 2016
employed full-time
self employed
median age
Where will I likely work?
Halifax
$63,582 median annual incomeNorth Shore
$38,393 median annual incomeAnnapolis Valley
N/ASouthern
N/ACape Breton
N/ACompared to: All NS Occupations
Halifax
North Shore
Annapolis Valley
Cape Breton
Southern
Top Industries of Employment
Real estate and rental and leasing
Public administration
Professional, scientific and technical services
Finance and insurance
Administrative and support, waste management and remediation services
What is the age of Employment?
55-64
45-54
25-34
35-44
65+
15-24
Compared to: All Business, Finance, and Administration
45-54
55-64
35-44
25-34
65+
Top levels of education
Bachelor
$56,187 median annual incomeCollege Diploma
$58,799 median annual incomeHigh school
N/ADiploma Below Bachelor
N/ATrade Certification
N/ACompared to: All Business, Finance, and Administration
College Diploma
$36,304 median annual incomeHigh school
$32,903 median annual incomeBachelor
$41,755 median annual incomeTrade Certification
$34,807 median annual incomeLess than high school
$23,174 median annual incomeEducation & training
Accounting
University ProgramThese programs prepare students to practice the profession of accounting and to perform related business functions. They 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
Wolfville, NS
Sydney, NS
Various, NS
Accounting Technology and Bookkeeping
College or Trades ProgramThese programs prepare students to provide technical administrative support to professional accountants and other financial management personnel. They include courses in posting transactions to accounts, record-keeping systems, accounting software operation, and general accounting principles and practices.
Institutions providing this program
Business/Commerce
College, Trades, or University ProgramThese programs focus 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. They prepare students to apply business principles and techniques in various occupational settings.
Institutions providing this program
Employment requirements & contacts
Regulations
Right to Title and Practice: This job is regulated. The job title is protected, and you may not use it without a professional licence. A licence shows that the holder has met provincial requirements and is required to legally do this work.
Contacts
Additional resources
There are no additional resources for this occupation.