Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A Property Appraiser assesses the value of real estate properties, considering factors like market trends, property condition, and location. This valuation is used for various purposes, including sales, mortgage loans, and taxation.
Education: Bachelor's degree
Years in related career: None
On-the-job training: Long-term
Projected Growth: Unknown
Annual job openings: 6 300
Direct AI exposure: 36% of tasks
Potential AI exposure: 79% of tasks
| Income data is from Employment and Social Development Canada's 2025 wage tables. The closest match for this career in Canada’s occupational classification system is Assessors, Business Valuators and Appraisers. According to the wage tables, average income is $73K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $55K per year | $60K per year | $73K per year | $90K per year | $112K per year |
| Compared to other careers: Median is $7.8K above the national average. | ||||
Property Appraisers work in various settings, including government offices, real estate companies, and as independent consultants. Their role involves both office work, where they research and compile data, and fieldwork, where they physically inspect properties. Flexibility in travel and work hours may be required.
Property Appraisers play a crucial role in the real estate industry. They provide objective assessments of properties' value, which is essential for various transactions and financial decisions. The job requires a blend of fieldwork and research, involving on-site inspections of properties to evaluate factors like condition, amenities, and location, and extensive market research to understand current trends in property values.
Attention to detail is critical in this profession, as appraisers must accurately report property features and compare them against similar properties. Strong analytical skills are necessary to interpret market data and calculate property values. Appraisers must also be knowledgeable about local real estate laws and regulations.
Effective communication skills are essential, as Property Appraisers frequently interact with a range of professionals, including real estate agents, lenders, and government officials. They must be able to justify and explain their valuation decisions clearly in both written reports and verbal explanations.
A bachelor's degree is often required, typically in fields such as real estate, finance, economics, or business, which usually involves about four years of post-secondary education. In Canada, property appraisers must also complete professional designation requirements and certification through a provincially recognized appraisal organization, along with supervised experience and continuing professional education.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
