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.
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
- 01Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- 02Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- 03Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- 04Search public records for transactions such as sales, leases, and assessments.
- 05Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- 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
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.
| Institution | Program | Tuition | Admit | Grad 6-yr | Earnings |
|---|---|---|---|---|---|
University of Southern California Los Angeles, CA · Private nonprofit | Real Estate Development 04.1001 | $68,200 | 12% | 92% | 1 yr $125,388 2 yr $122,038 Master's · CIP 04.10 |
Georgetown University Washington, DC · Private nonprofit | Real Estate 52.1501 | $65,400 | 12% | 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 | $15,200 | 57% | 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 | $12,600 | 48% | 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 | $68,200 | 4% | 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 | $18,600 | 100% | 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 | $13,200 | 63% | 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 | $11,200 | 49% | 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 | $60,400 | 12% | 88% | 1 yr $69,338 2 yr — Bachelor's · CIP 52.15 |
University of Florida Gainesville, FL · Public | Real Estate 52.1501 | $6,400 | 23% | 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 | $12,000 | 90% | 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 | $4,900 | 100% | 27% | 1 yr $61,144 2 yr $52,107 Bachelor's · CIP 52.15 |
