CAREER

Appraisers and Assessors of Real Estate

Overview

Salary Median (2020)

$58,650

Projected Job Growth (2019-2029)

+2.9% (slower than the average)

Career

What Appraisers and Assessors of Real Estate Do

Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.

Other Job Titles Appraisers and Assessors of Real Estate May Have

Appraiser, Assessor, Certified Real Estate Appraiser, Commercial Appraiser, County Assessor, Field Appraiser, Real Estate Appraiser, Real Property Appraiser, Tax Assessor, Valuation Consultant

Tasks & Responsibilities May Include

  • Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  • Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  • Inspect new construction and major improvements to existing structures to determine values.
  • Collect and analyze relevant data to identify real estate market trends.
  • Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.

This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.