NOC 12203: Assessors, business valuators and appraisers
What assessors, business valuators and appraisers do
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.
Job titles under NOC 12203
26 job titles are classified here, including accredited appraiser, business valuator, chartered business valuator (CBV).
- accredited appraiser
- appraisal technician
- appraiser (except customs)
- assessor (except tax)
- assistant appraiser
- automobile appraiser
- building appraiser
- business appraiser
- business valuation officer
- business valuator
- Canadian residential appraiser (CRA)
- chartered appraiser
- chartered business valuator (CBV)
- fishing vessels appraiser
- furniture appraiser
- insurance appraiser
- municipal assessor
- property appraiser
- property assessor
- property valuator
- real estate analyst
- real estate appraisal technician
- real estate appraiser
- real estate assessor
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.
Assessors, business valuators and appraisers wages in Canada
Low, median and high hourly wages from Job Bank’s 2025 wage data. Annual figures assume full-time work (1,950 hours a year).
| Where | Low | Median | High |
|---|---|---|---|
Canada | $26.37/hr | $35.00/hr | $54.00/hr |
Toronto ON | $24.78/hr | $36.51/hr | $57.71/hr |
Montréal QC | $26.00/hr | $30.15/hr | $50.77/hr |
Vancouver Lower Mainland region, BC | $22.00/hr | $36.00/hr | $50.00/hr |
Calgary AB | $24.75/hr | $40.41/hr | $57.85/hr |
Edmonton AB | $27.89/hr | $42.68/hr | $57.85/hr |
Ottawa ON | $26.37/hr | $33.65/hr | $50.00/hr |
Winnipeg MB | $25.31/hr | $34.54/hr | $49.86/hr |
Québec City Quebec region, QC | $26.00/hr | $30.15/hr | $50.77/hr |
Hamilton Hamilton–Niagara Peninsula region, ON | $26.37/hr | $33.65/hr | $50.00/hr |
Kitchener-Waterloo Kitchener–Waterloo–Barrie region, ON | $25.89/hr | $37.71/hr | $56.66/hr |
Halifax NS | $21.73/hr | $35.77/hr | $47.31/hr |
Victoria Vancouver Island and Coast region, BC | $22.00/hr | $36.00/hr | $50.00/hr |
Saskatoon Saskatoon–Biggar region, SK | $20.00/hr | $36.00/hr | $42.05/hr |
Regina Regina–Moose Mountain region, SK | $28.78/hr | $36.49/hr | $50.09/hr |
| Where | Low | Median | High |
|---|---|---|---|
Newfoundland and Labrador | $25.58/hr | $33.14/hr | $49.60/hr |
Nova Scotia | $28.00/hr | $33.65/hr | $50.54/hr |
New Brunswick | $22.36/hr | $34.53/hr | $42.00/hr |
Quebec | $26.00/hr | $30.15/hr | $50.77/hr |
Ontario | $26.37/hr | $33.65/hr | $50.00/hr |
Manitoba | $23.08/hr | $35.46/hr | $41.21/hr |
Saskatchewan | $25.39/hr | $38.00/hr | $47.33/hr |
Alberta | $30.77/hr | $40.63/hr | $56.00/hr |
British Columbia | $22.00/hr | $36.00/hr | $50.00/hr |
Using NOC 12203 for your resume or Express Entry profile
- IRCC asks you to make sure the main duties listed for your NOC match what you actually did at your job. If they don’t, look for another unit group whose duties do.
- Describe your own work in your own words. Recruiters and ATS software look for concrete tools, results and scope, not text copied from the NOC.
- Applying from outside Canada? Run your resume through the Canadian resume format checker to catch things Canadian employers don’t expect, like a photo or date of birth.
- Use the job title the employer’s posting uses. The 26 titles above are how the same work is named across employers.
Not in this group
Similar jobs classified under a different NOC code:
- Financial and investment analysts (NOC 11101)
- Financial auditors and accountants (NOC 11100)
- Insurance adjusters and claims examiners (NOC 12201)
- Jewellery appraiser (NOC 62202)
- Land agent (NOC 12102)
- Market analyst - non-financial (NOC 41402)
- Property administrators (NOC 13101)
- Right-of-way agent (NOC 12102)
Frequently asked questions
What is the NOC code for assessors, business valuators and appraisers?
Assessors, business valuators and appraisers are NOC 2021 unit group 12203. Example job titles in this group include accredited appraiser, business valuator, chartered business valuator (CBV), property assessor.
What TEER is NOC 12203?
NOC 12203 is TEER 2 (College diploma or apprenticeship (2+ years)). Usually requires a 2–3 year college program or a 2–5 year apprenticeship, or the occupation carries supervisory or significant safety responsibilities. TEER 0, 1, 2 and 3 work counts as skilled work experience for Express Entry’s Federal Skilled Worker and Canadian Experience Class programs.
How much do assessors, business valuators and appraisers earn in Canada?
Job Bank's 2025 wage data puts the median at $35.00/hr, about $68,000 a year full-time, with a range of $26.37/hr to $54.00/hr.
Related occupations
Sources: Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0; Employment and Social Development Canada, Job Bank wages (2025). Contains information licensed under the Open Government Licence – Canada. OfferJetAI is not affiliated with the Government of Canada. Check IRCC’s NOC guidance before you apply.