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.

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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

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

Economic Regions

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.

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).

Occupational Profiles