careers.novascotia.ca

Assessors, Valuators, and Appraisers

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NOC:1314
Occupation:Assessors, Valuators, and Appraisers
Category:Business, Finance, and Administration

About the job

Nature of work:

Assessors, valuators 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. Assessors, valuators and appraisers are employed by government agencies, real estate firms and other private companies, or they may be self-employed.

Job duties:
Assessors perform some or all of the following duties:
  • 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.
Valuators perform some or all of the following duties:
  • 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 perform some or all of the following duties:
  • 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.

Assessors may specialize in advising and consulting in a specific field of assessment such as residential, commercial, industrial, institutional, or farm lands. Appraisers may specialize in a specific type of appraisal such as real estate appraisal.

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:

To work in this field, 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 require a college diploma in municipal assessment and accreditation with the municipal assessment association of the province.
  • 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.
  • 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.
Other considerations:

Progression to management positions in each field is possible with experience.

Labour Market Information

Work Prospects:Good

The employment outlook over the next few years for this occupational group is “good”, which indicates the chances of a qualified individual finding work is better than average when compared to other occupations in Nova Scotia. This is not a large occupation in Nova Scotia so job opportunities may not be that frequent. However, competition for positions may be low due to few qualified jobseekers. The number employed in this occupation is expected to grow moderately over the next few years, which will likely provide some additional opportunities for employment. With a large percent of workers being 55 years of age and older, retirements are expected to be a key contributor to employment opportunities over the coming years. Assessors, Valuators, and Appraisers most commonly work full-time hours.

The median employment income for 76% of Assessors, Valuators, and Appraisers who worked full-time, year-round in 2015 was $63,118. Across all occupations in Nova Scotia, 59% of those who worked full-time year round had a median employment income of $43,600.
(Source: 2016 Census)

OccupationEstimated employment in 2018Estimated change in employment between 2017 and 2019Estimated openings due to growth and retirements, 2017-2019Estimated rate of unemployment in 2018 Estimated hourly earnings in 2015 (learn more)Estimated annual earnings in 2015
Assessors, Valuators, and Appraisers265Moderate growth60Low
Minimum: $15.00
Median: $30.15
Maximum: $42.05
Minimum: $21,273
Median: $59,200
Maximum: $90,494
Occupations in Business, Finance, and Administration63,775Moderate growth6,600Low
Minimum: $13.00
Median: $21.03
Maximum: $35.90
Minimum: $6,754
Median: $36,515
Maximum: $70,271
Assessors, Valuators, and AppraisersCompared to: Occupations in Business, Finance, and Administration
Percent employed full-time96%81%
Percent self-employed5%7%
Where will I likely work?
Area of EmploymentAssessors, Valuators, and AppraisersCompared to: All NS Occupations
% EmployedMedian Annual Income% EmployedMedian Annual Income
Southern9%x12%$30,581
Northern16%x16%$33,660
Cape Breton7%x13%$32,974
Halifax55%$62,01747%$41,209
Annapolis Valley13%x13%$32,958
What are the workers like?
AgeAssessors, Valuators, and AppraisersCompared to: All Business, Finance, and Administration
% Employed% Employed
15-24N/Ax
25-3411%6%
35-4411%19%
45-5433%36%
55-6444%28%
65+11%11%
Median Age5248
GenderAssessors, Valuators, and AppraisersCompared to: Occupations in Business, Finance, and Administration
% Employed% Employed
Female29%73%
Male71%27%
EducationAssessors, Valuators, and AppraisersCompared to: All Business, Finance, and Administration
% EmployedMedian Annual Income% EmployedMedian Annual Income
Less than high school4.1%x4.7%$23,775
High school12.2%$49,36623.7%$30,074
Trades certificate6.1%x5.8%$32,871
College certificate or diploma22.4%$42,75034.4%$33,837
University certificate or diploma12.2%x3.0%$35,053
Bachelor's degree40.8%$51,67622.9%$39,473
University advanced certificate or diplomaN/Ax1.7%$40,672
Master's degreeN/Ax3.6%$23,407
Doctorate6.1%x0.2%$48,614
Medicine, dentistry, veterinary, optometryN/Ax0.1%$41,688
Total100%100%
Wage Disclaimer

Hourly earnings data are from the Labour Force Survey by Statistics Canada. Data are not available for all occupations. Hourly earnings are calculated based on usual hours worked per week. This is how an annual salary, for instance, gets converted to an hourly rate. The data include full and part-time workers along with new and experienced workers. Self-employed workers are excluded.

Annual employment income data reported in the Work Prospects section, are from the 2011 National Household Survey by Statistics Canada. Much of the data (around 70%) came directly from tax records. The data relates to the year 2010 and includes total wages and salaries and net income from self-employment.

Sources

Employment Requirements & Contacts

Regulations:
Real Estate Appraiser
Right to Title and Practice:This job is regulated and the job title is protected in Nova Scotia (you may not use this job title without holding a provincial licence). A licence shows that the holder has met provincial requirements and is required to work in this job.
Regulating body:
Nova Scotia Real Estate Appraisers Association
5670 Spring Garden Road, Suite 602
Halifax, NS B3J 1H6
(902) 422-4077
(902) 422-3717
nsreaa@nsappraisal.ns.ca 
Useful contacts:
Property Valuation Services Corporation
238A Brownlow Avenue, Suite 200
Dartmouth, NS B3B 2B4
Tel: (800) 380-7775
Fax: (888) 339-4555
Canadian Institute of Chartered Business Valuators
277 Wellington Street West, Suite 710
Toronto, ON M5V 3H2
Tel: (416) 977-1117
Fax: (416) 977-7066
admin@cicbv.ca

Training Paths & Education

Program Name:Accounting
Education Level:This program is typically offered at the university level.
Program Description:
This instructional program class comprises any program that prepares individuals to practice the profession of accounting and to perform related business functions. These programs 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.
See all institutions providing this program+
CPA Atlantic School of Business Association
200 Barrington Street, Suite 1306
Halifax, NS B3J 3K1
(902) 334-1176
Acadia University
15 University Avenue
Wolfville, NS B4P 2R6
(902) 542-2201
agi@acadiau.ca
Dalhousie University
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
admissions@dal.ca
Mount Saint Vincent University
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
admissions@msvu.ca
St. Francis Xavier University
PO Box 5000
Antigonish, NS B2G 2W5
(902) 867-2219
admit@stfx.ca
Saint Mary's University
923 Robie Street
Halifax, NS B3H 3C3
(902) 420-5400
admission.status@smu.ca
Cape Breton University
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
registrar@cbu.ca
Program Name:Accounting technology/technician and bookkeeping
Education Level:This program is typically offered at the trades/college level.
Program Description:
This instructional program class comprises any program that prepares individuals to provide technical administrative support to professional accountants and other financial management personnel. These programs include courses in posting transactions to accounts, record-keeping systems, accounting software operation, and general accounting principles and practices.
See all institutions providing this program+
Maritime Business College - Dartmouth
45 Ochterloney Street, Suite 100
Dartmouth, NS B2Y 2N6
(902) 463-6700
admissions@maritimebusinesscollege.ca
Eastern College - Halifax
6940 Mumford Road, Suite 111
Halifax, NS B3L 0B7
(902) 423-3933
Academy of Learning - Halifax
6960 Mumford Road, Suite 155-1st Floor Mumford Professional Centre
Halifax, NS B3L 4P1
(902) 455-3395
careers@aolhrm.com
Centre for Distance Education
222 George Street, Suite C
Sydney, NS B1P 1J3
(866) 446-5898
info@cd-ed.com
Mount Saint Vincent University
166 Bedford Highway
Halifax, NS B3M 2J6
(902) 457-6117
admissions@msvu.ca
Nova Scotia Community College - Cumberland Campus
PO Box 550, 1 Main Street
Springhill, NS B0M 1X0
(902) 597-3737
cumberland.info@nscc.ca
Nova Scotia Community College - Burridge Campus
372 Pleasant Street
Yarmouth, NS B5A 2L2
(902) 742-3501
burridge.info@nscc.ca
Nova Scotia Community College - Kingstec Campus
236 Belcher Street
Kentville, NS B4N 0A6
(902) 678-7341
kingstec.info@nscc.ca
Nova Scotia Community College - Lunenburg Campus
75 High Street
Bridgewater, NS B4V 1V8
(902) 543-4608
lunenburg.info@nscc.ca
Nova Scotia Community College - Pictou Campus & School of Fisheries
PO Box 820, 39 Acadia Avenue
Stellarton, NS B0K 1S0
(902) 752-2002
pictou.info@nscc.ca
Nova Scotia Community College - Strait Area Campus & Nautical Institute
226 Reeves Street
Port Hawkesbury, NS B9A 2A2
(902) 625-2380
strait.info@nscc.ca
Nova Scotia Community College - Marconi Campus
PO Box 1042, 1240 Grand Lake Road
Sydney, NS B1P 6J7
(902) 563-2450
marconi.info@nscc.ca
Nova Scotia Community College - Truro Campus
36 Arthur Street
Truro, NS B2N 1X5
(902) 893-5385
truro.info@nscc.ca
Nova Scotia Community College - Waterfront Campus & Aviation Institute
80 Mawiomi Place
Dartmouth, NS B2Y 0A5
(902) 491-1100
waterfront.info@nscc.ca
Program Name:Business/commerce - General
Education Level:This program may be offered at the college, trades, or university level.
Program Description:
This instructional program class comprises any program that focuses 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. The program prepares individuals to apply business principles and techniques in various occupational settings.
See all institutions providing this program+
Dalhousie University
Office of the Registrar
Halifax, NS B3H 4R2
(902) 494-2450
admissions@dal.ca
University of King's College
6350 Coburg Road
Halifax, NS B3H 2A1
(902) 422-1271
admissions@ukings.ca
Universite Sainte-Anne
Siège Social: 1695, Route 1
Pointe-de-l'Église, NS B0W 1M0
(902) 769-2114
Blanche.Theriault@usainteanne.ca
Saint Mary's University
923 Robie Street
Halifax, NS B3H 3C3
(902) 420-5400
admission.status@smu.ca
Cape Breton University
PO Box 5300 1250 Grand Lake Road
Sydney, NS B1P 6L2
(888) 959-9995
registrar@cbu.ca
Additional resources: