Assessors, business valuators and appraisers

Assessors, business valuators and appraisers

NOC
12203

determine the value of properties, businesses, estates and personal items for purposes of sale, purchase, taxation or disposal.

Quick facts

3-Year Outlook

Moderate
Moderate

3-Year Job Openings

42
 

Median Hourly Wage

$36.06
$20.88
Low
$48.23
High

Average Salary

$76,500
 

Typically Required

College or apprenticeship

Employed

223
 
Job details

Full NOC Description

Assessors 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. Business valuators quantify the value of a business, its securities or its intangible assets. Assessors, business valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.

Main Duties

This group performs some or all of the following duties:
 

Assessors

  • 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
  • May specialize in advising and consulting in a specific field of assessment such as residential, commercial, industrial, institutional or farm lands.

Business valuators

  • 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

  • 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.

Also Known As

  • accredited appraiser
  • business valuator
  • chartered business valuator (CBV)
  • property assessor
  • property valuator
  • real estate appraiser
Requirements

Employment Requirements

  • Assessors require a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
  • Business 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.
  • In Quebec, membership with l'Ordre des évaluateurs agréés du Québec (OEAQ) is required to use the title chartered appraiser.
  • 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.

Provincial Regulation

Not Provincially Regulated

Employment by Sex

The following graph shows the percentage of men and women working in this occupation in New Brunswick.

Data legend

28.3%
Female
71.7%
Male
Employment by age

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by age group.

Data legend

8.7%
15-24
17.4%
25-34
21.7%
35-44
28.3%
45-54
19.6%
55-64
4.3%
65+
Employment by highest level of education

The following graph shows the breakdown of all persons working in this occupation in New Brunswick by highest level of education achieved.

Data legend

0.0%
No Certificate, Diploma or Degree
8.7%
High School, Diploma or Equivalent
6.5%
Apprenticeship or Trades Certificate or Diploma
32.6%
College or University Below Bachelor Level
52.2%
University - Bachelor Level or Above
Employment by Industry

The following graph shows the industry groups in which the largest shares of persons working in this occupation in New Brunswick are employed. Small percentages for all top three industry groups may suggest employment for this occupation is widely distributed amongst many industry groups.

Data legend

39.1%
Public administration
23.9%
Real estate and rental and leasing
10.9%
Professional, scientific and technical services
26.1%
All Other Industries
Employment by Economic Regions

The following graph shows the breakdown of all persons employed in this occupation in New Brunswick by which economic region they reside in.

Data legend

23.90%
Northeast
34.80%
Southeast
17.40%
Southwest
21.70%
Central
N/A
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Annual Average Salary by Economic Regions

The following graph shows the average salary of all persons employed in this occupation in each of New Brunswick’s five economic regions.

Data legend

N/A
Northeast
$70,000
Southeast
$95,000
Southwest
$92,000
Central
N/A
Northwest
Province of New Brunswick Economic Regions

Economic Regions

The following map displays New Brunswick’s five economic regions. An economic region (ER) is a grouping of counties, created as a standard unit for analysis of regional economic activity across Canada.

Hourly Median Wages by Economic Regions

The following represents the median hourly wage of all persons employed in this occupation in each of New Brunswick’s five economic regions.

No Data Available
Salary

The following shows the average salary of everyone who worked full-time and year-round in this occupation across each of the Atlantic Provinces and nationally.

New Brunswick

$76,500

Newfoundland

$76,000

Prince Edward Island

$70,000

Nova Scotia

$66,000

Canada

$80,500
Employment Outlook

The following represents the number of job openings that are expected to occur in this occupation over the next three and ten years respectively, broken down by openings expected to result from growth (“new jobs”) and openings expected to result from attrition (death and retirements).

Three Year Outlook

Total Openings: 3-Year

42
 

New Jobs: 3-Year

32
 

Retirements/Deaths: 3-Year

11
 

Ten Year Outlook

Total Openings: 10-Year

88
 

New Jobs: 10-Year

48
 

Retirements/Deaths: 10-Year

39