Occupations/13-2023.00

Appraisers and Assessors of Real Estate

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

Bachelor’s

Usually a four-year bachelor’s degree.

AI automation risk

66%

Higher automation risk

Human characteristics

27%

Fewer uniquely human demands

Task orientation

48%

Mixed exposure

A day in this job

  • Mostly routine

    Search public records for transactions such as sales, leases, and assessments.

  • Task

    Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.

  • Task

    Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.

The tasks we can read here lean routine. That sits next to the AI risk rank — it is not a forecast that the job disappears.

Core tasks

  1. 01Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
  2. 02Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
  3. 03Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
  4. 04Search public records for transactions such as sales, leases, and assessments.
  5. 05Obtain county land values and sales information about nearby properties to aid in establishment of property values.
  6. 06Maintain familiarity with aspects of local real estate markets.

Model drivers (O*NET 1–5)

  • Repeating same tasks3.22
  • Degree of automation2.39
  • Time sitting3.71
  • Originality (ability)2.25
  • Conflict situations2.50
  • Hands-on objects/tools2.00
  • Outdoors / weather4.09
  • Disease exposure1.39
  • Decision freedom4.46

Top abilities

  • Near Vision3.88
  • Speech Recognition3.75
  • Oral Comprehension3.75
  • Written Comprehension3.62
  • Speech Clarity3.62
  • Oral Expression3.62
  • Written Expression3.50
  • Inductive Reasoning3.50

Essential skills

  • Reading Comprehension3.62
  • Active Listening3.50
  • Writing3.38
  • Speaking3.38
  • Mathematics2.62
  • Science1.12
  • Critical Thinking3.50
  • Active Learning2.75
  • Learning Strategies2.38
  • Monitoring2.88

CIP matches

04.1001Real Estate Development52.1501Real Estate

Schools offering related programs

12 of 43 shown

Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.

InstitutionProgramTuitionAdmitGrad 6-yrEarnings

University of Southern California

Los Angeles, CA · Private nonprofit

Real Estate Development

04.1001

$68,20012%92%

1 yr $125,388

2 yr $122,038

Master's · CIP 04.10

Georgetown University

Washington, DC · Private nonprofit

Real Estate

52.1501

$65,40012%95%

1 yr $101,964

2 yr $98,847

Master's · CIP 52.15

Virginia Polytechnic Institute and State University

Blacksburg, VA · Public

Real Estate

52.1501

$15,20057%86%

1 yr $99,072

2 yr —

Master's · CIP 52.15

University of Washington-Seattle Campus

Seattle, WA · Public

Real Estate Development

04.1001

$12,60048%84%

1 yr $91,190

2 yr $67,566

Master's · CIP 04.10

Columbia University in the City of New York

New York, NY · Private nonprofit

Real Estate Development

04.1001

$68,2004%96%

1 yr $81,333

2 yr $100,478

Master's · CIP 04.10

Lincoln College of Technology-Indianapolis

Indianapolis, IN · Private for-profit

Real Estate

52.1501

$18,600100%64%

1 yr $74,576

2 yr —

Bachelor's · CIP 52.15

Texas A & M University-College Station

College Station, TX · Public

Real Estate

52.1501

$13,20063%83%

1 yr $73,231

2 yr $82,685

Master's · CIP 52.15

University of Wisconsin-Madison

Madison, WI · Public

Real Estate

52.1501

$11,20049%89%

1 yr $73,112

2 yr $73,949

Bachelor's · CIP 52.15

New York University

New York, NY · Private nonprofit

Real Estate

52.1501

$60,40012%88%

1 yr $69,338

2 yr —

Bachelor's · CIP 52.15

University of Florida

Gainesville, FL · Public

Real Estate

52.1501

$6,40023%89%

1 yr $68,499

2 yr $73,231

Master's · CIP 52.15

Arizona State University Campus Immersion

Tempe, AZ · Public

Real Estate Development

04.1001

$12,00090%69%

1 yr $66,171

2 yr $69,338

Master's · CIP 04.10

Milwaukee Area Technical College

Milwaukee, WI · Public

Real Estate

52.1501

$4,900100%27%

1 yr $61,144

2 yr $52,107

Bachelor's · CIP 52.15