NOC 2021 · 12203 · TEER 2
NOC 12203: Assessors, business valuators and appraisers
Official NOC 2021, Job Bank and IRCC data · checked 21 October 2026
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.
TEER
TEER 2
Usually needs a college diploma, an apprenticeship of 2 or more years, or supervisory work
Median wage (Canada)
$35.00 / hour
Job Bank, 2023-2024
High-wage tier (from 3 Nov 2026)
Tier 3
+20 CRS for Canadian work, or 50 for a job offer
Express Entry categories
None
General and program draws only
Express Entry
How NOC 12203 counts for Express Entry
- Federal Skilled Worker: eligible occupationNeeds 1 year of continuous skilled (TEER 0–3) work in the last 10 years and 67 points on the FSW grid.
- Canadian Experience Class: eligible occupationNeeds 1 year of skilled (TEER 0–3) work in Canada in the last 3 years.
- Federal Skilled Trades: not eligibleNeeds 2 years of work in an eligible trade group in the last 5 years, plus a job offer or a Canadian certificate of qualification.
High-wage CRS points
NOC 12203 is in tier 3 of IRCC's high-wage list, in effect from 3 November 2026.
| 12+ months of Canadian work | +20 points on top of work-length points |
|---|---|
| Qualifying job offer (no LMIA) | 50 points |
You get whichever option scores higher, not both.
See all 186 high-wage occupationsCategory-based draws
NOC 12203 is not on any of IRCC's 2026 occupation categories. You can still be invited through general, program-specific or French-language draws.
IRCC category listsDuties
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.
For Express Entry, your experience must match the lead statement and most of these duties, not only the job title.
Job titles
Example job titles
- accredited appraiser
- business valuator
- chartered business valuator (CBV)
- property assessor
- property valuator
- real estate appraiser
All 26 job titles in NOC 12203
- 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
- valuation consultant
- valuator-appraiser
Also includes: real estate analyst.
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.
Additional information
- Progression to management positions in each field is possible with experience.
- 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.
This occupation may be regulated in some provinces. You may need a licence or certificate from the provincial regulator before you can work in it in Canada, even if you hold permanent residence.
Wages
Wages for NOC 12203 in Canada
Low, median and high wages per hour in Canadian dollars, from ESDC Job Bank's 2025 wage data.
| Region | Low | Median | High | Source |
|---|---|---|---|---|
| Canada | $26.37 | $35.00 | $54.00 | Labour Force Survey, 2023-2024 |
| Newfoundland and Labrador | $25.58 | $33.14 | $49.60 | Small Area Estimation, 2024 |
| Prince Edward Island | $25.61 | $35.93 | $46.28 | Small Area Estimation, 2024 |
| Nova Scotia | $28.00 | $33.65 | $50.54 | Labour Force Survey, 2023-2024 |
| New Brunswick | $22.36 | $34.53 | $42.00 | Labour Force Survey, 2023-2024 |
| Quebec | $26.00 | $30.15 | $50.77 | Labour Force Survey, 2023-2024 |
| Ontario | $26.37 | $33.65 | $50.00 | Labour Force Survey, 2023-2024 |
| Manitoba | $23.08 | $35.46 | $41.21 | Labour Force Survey, 2023-2024 |
| Saskatchewan | $25.39 | $38.00 | $47.33 | Labour Force Survey, 2023-2024 |
| Alberta | $30.77 | $40.63 | $56.00 | Labour Force Survey, 2023-2024 |
| British Columbia | $22.00 | $36.00 | $50.00 | Labour Force Survey, 2023-2024 |
Provinces with too little data are not shown. Wages vary by city and employer; see Job Bank for regional figures.
Job outlook
Job outlook by province, 2025–2027
Job Bank rates the 3-year outlook as good or very good in New Brunswick.
GoodNew Brunswick
The employment outlook will be Good for assessors, business valuators and appraisers (NOC 12203) in New Brunswick for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to several new positions.
Not many positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in New Brunswick:
Approximately 250 people worked in this occupation in May 2021.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 38%
Provincial and territorial public administration (NAICS 912): 33%
Repair and maintenance (NAICS 811): 8%
Other professional, scientific and technical services (NAICS 5414, 5416-5419): 7%
Utilities (NAICS 22): 5%
87% of assessors, business valuators and appraisers work all year, while 13% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
19% of assessors, business valuators and appraisers are self-employed compared to an average of 10% for all occupations.
The gender distribution of people in this occupation is:
Men: 72% compared to 52% for all occupations
Women: 28% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 11% for all occupations
high school diploma or equivalent: 8% compared to 30% for all occupations
apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 37% compared to 23% for all occupations
bachelor's degree: 37% compared to 16% for all occupations
university certificate, degree or diploma above bachelor level: 12% compared to 7% for all occupations
ModeratePrince Edward Island
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Prince Edward Island for the 2025-2027 period.
The following factors contributed to this outlook:
Employment is expected to remain relatively stable.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Prince Edward Island:
Approximately 100 people worked in this occupation in May 2021.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 75%
Other retail stores (NAICS 44-45, except 445): 10%
Federal government public administration (NAICS 911): 8%
Provincial and territorial public administration (NAICS 912): 7%
40% of assessors, business valuators and appraisers are self-employed compared to an average of 13% for all occupations.
The gender distribution of people in this occupation is:
Men: 69% compared to 51% for all occupations
Women: 31% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: n/a
high school diploma or equivalent: 27% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: n/a
college certificate or diploma or university certificate below bachelor's: 40% compared to 25% for all occupations
bachelor's degree: 33% compared to 17% for all occupations
university certificate, degree or diploma above bachelor level: n/a
ModerateNova Scotia
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Nova Scotia for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
Not many positions will become available due to retirements.
Here are some key facts about assessors, business valuators and appraisers in Nova Scotia:
Approximately 300 people worked in this occupation in May 2021.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 64%
Provincial and territorial public administration (NAICS 912): 14%
Other retail stores (NAICS 44-45, except 445): 8%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 6%
83% of assessors, business valuators and appraisers work all year, while 17% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
36% of assessors, business valuators and appraisers are self-employed compared to an average of 11% for all occupations.
The gender distribution of people in this occupation is:
Men: 70% compared to 51% for all occupations
Women: 30% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 10% for all occupations
high school diploma or equivalent: 15% compared to 27% for all occupations
apprenticeship or trades certificate or diploma: 8% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 27% compared to 22% for all occupations
bachelor's degree: 28% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 18% compared to 10% for all occupations
ModerateOntario
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Ontario for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Ontario:
Approximately 4,450 people work in this occupation.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 51%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 8%
Repair and maintenance (NAICS 811): 6%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 92% compared to 81% for all occupations
Part-time workers: 8% compared to 19% for all occupations
74% of assessors, business valuators and appraisers work all year, while 26% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 43 weeks for all occupations.
31% of assessors, business valuators and appraisers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 69% compared to 52% for all occupations
Women: 31% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 9% for all occupations
high school diploma or equivalent: 14% compared to 25% for all occupations
apprenticeship or trades certificate or diploma: 7% compared to 8% for all occupations
college certificate or diploma or university certificate below bachelor's: 28% compared to 22% for all occupations
bachelor's degree: 36% compared to 24% for all occupations
university certificate, degree or diploma above bachelor level: 13% compared to 13% for all occupations
ModerateManitoba
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Manitoba for the 2025-2027 period.
The following factors contributed to this outlook:
Employment is expected to remain relatively stable.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Manitoba:
Approximately 450 people worked in this occupation in May 2021.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 47%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 12%
Provincial and territorial public administration (NAICS 912): 12%
Repair and maintenance (NAICS 811): 7%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 94% compared to 81% for all occupations
Part-time workers: 6% compared to 19% for all occupations
79% of assessors, business valuators and appraisers work all year, while 21% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.
30% of assessors, business valuators and appraisers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 64% compared to 53% for all occupations
Women: 36% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 12% for all occupations
high school diploma or equivalent: 17% compared to 31% for all occupations
apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 33% compared to 17% for all occupations
bachelor's degree: 24% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 18% compared to 8% for all occupations
ModerateSaskatchewan
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Saskatchewan for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a moderate number of new positions.
Not many positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Saskatchewan:
Approximately 400 people worked in this occupation in May 2021.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 46%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 17%
Hospitals (NAICS 622): 8%
Other professional, scientific and technical services (NAICS 5414, 5416-5419): 6%
Other retail stores (NAICS 44-45, except 445): 5%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 93% compared to 81% for all occupations
Part-time workers: 7% compared to 19% for all occupations
79% of assessors, business valuators and appraisers work all year, while 21% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
23% of assessors, business valuators and appraisers are self-employed compared to an average of 16% for all occupations.
The gender distribution of people in this occupation is:
Men: 51% compared to 53% for all occupations
Women: 49% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 11% for all occupations
high school diploma or equivalent: 13% compared to 33% for all occupations
apprenticeship or trades certificate or diploma: 5% compared to 15% for all occupations
college certificate or diploma or university certificate below bachelor's: 36% compared to 17% for all occupations
bachelor's degree: 34% compared to 18% for all occupations
university certificate, degree or diploma above bachelor level: 8% compared to 7% for all occupations
ModerateAlberta
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in Alberta for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
Not many positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Alberta:
Approximately 2,150 people work in this occupation.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 44%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 19%
Repair and maintenance (NAICS 811): 9%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 93% compared to 80% for all occupations
Part-time workers: 7% compared to 20% for all occupations
77% of assessors, business valuators and appraisers work all year, while 23% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 42 weeks for all occupations.
37% of assessors, business valuators and appraisers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 69% compared to 53% for all occupations
Women: 31% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 10% for all occupations
high school diploma or equivalent: 12% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 7% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 32% compared to 19% for all occupations
bachelor's degree: 35% compared to 21% for all occupations
university certificate, degree or diploma above bachelor level: 10% compared to 9% for all occupations
ModerateBritish Columbia
The employment outlook will be Moderate for assessors, business valuators and appraisers (NOC 12203) in British Columbia for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
High employee turnover in this occupation could lead to additional employment opportunities.
Here are some key facts about assessors, business valuators and appraisers in British Columbia:
Approximately 2,100 people work in this occupation.
Assessors, business valuators and appraisers mainly work in the following sectors:
Real Estate and rental and leasing (NAICS 53): 57%
Provincial and territorial public administration (NAICS 912): 17%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 91% compared to 78% for all occupations
Part-time workers: 9% compared to 22% for all occupations
74% of assessors, business valuators and appraisers work all year, while 26% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 42 weeks for all occupations.
35% of assessors, business valuators and appraisers are self-employed compared to an average of 17% for all occupations.
The gender distribution of people in this occupation is:
Men: 70% compared to 52% for all occupations
Women: 30% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 8% for all occupations
high school diploma or equivalent: 10% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 6% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 25% compared to 17% for all occupations
bachelor's degree: 39% compared to 22% for all occupations
university certificate, degree or diploma above bachelor level: 19% compared to 12% for all occupations
LimitedQuebec
The employment outlook will be Limited for assessors, business valuators and appraisers (NOC 12203) in Quebec for the 2025-2027 period.
The following factors contributed to this outlook:
Employment is expected to remain relatively stable.
Not many positions will become available due to retirements.
There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about assessors, business valuators and appraisers in Quebec:
Approximately 3,800 people work in this occupation.
Assessors, business valuators and appraisers mainly work in the following sectors:
Finance, insurance, real estate and leasing (NAICS 52, 53): 38%
Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 11%
Repair and maintenance (NAICS 811): 7%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 92% compared to 82% for all occupations
Part-time workers: 8% compared to 18% for all occupations
69% of assessors, business valuators and appraisers work all year, while 31% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 43 weeks for all occupations.
19% of assessors, business valuators and appraisers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 70% compared to 52% for all occupations
Women: 30% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: 6% compared to 12% for all occupations
high school diploma or equivalent: 13% compared to 19% for all occupations
apprenticeship or trades certificate or diploma: 14% compared to 19% for all occupations
college certificate or diploma or university certificate below bachelor's: 31% compared to 22% for all occupations
bachelor's degree: 24% compared to 17% for all occupations
university certificate, degree or diploma above bachelor level: 11% compared to 11% for all occupations
UndeterminedNewfoundland and Labrador
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNorthwest Territories
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNunavut
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
Source: ESDC Job Bank, 3-year employment outlooks 2025–2027 (released December 2025).
Provinces
Provincial Nominee Programs
A provincial nomination adds 600 CRS points. Most provinces run occupation-targeted draws or in-demand lists, and some accept TEER 4 and 5 occupations that Express Entry does not.
Provincial lists change often, sometimes between draws. We check whether NOC 12203 is being targeted by any province as part of a consultation.
Similar occupations
Related NOC codes
Classified elsewhere
If your duties fit one of these better, use that code instead.
- 11101 Financial and investment analysts
- 11100 Financial auditors and accountants
- 12201 Insurance adjusters and claims examiners
- 62202 Jewellers, jewellery and watch repairers and related occupations
- 12102 Procurement and purchasing agents and officers
- 41402 Business development officers and market researchers and analysts
- 13101 Property administrators
- 12102 Procurement and purchasing agents and officers
Same occupation group
Accounting, insurance and related business administrative occupations
- 12200 Accounting technicians and bookkeepers
- 12201 Insurance adjusters and claims examiners
- 12202 Insurance underwriters
Questions
NOC 12203: common questions
What is the NOC code for assessors, business valuators and appraisers?
What TEER category is NOC 12203?
Is NOC 12203 eligible for Express Entry?
Is NOC 12203 a high-wage occupation for Express Entry?
Is NOC 12203 eligible for category-based Express Entry draws?
What is the median wage for NOC 12203 in Canada?
Classification
Where it sits in NOC 2021
- 1Business, finance and administration occupationsBroad Category
- 12Administrative and financial supervisors and specialized administrative occupationsMajor Group
- 122Accounting, insurance and related business administrative occupationsSub-major Group
- 1220Accounting, insurance and related business administrative occupationsMinor Group
- 12203Assessors, business valuators and appraisers
Enquiry
Is NOC 12203 your occupation? Ask us about your options.
Tell us your duties, experience and language scores. We will confirm your NOC code and the Canadian routes that fit.
Sources: Statistics Canada, NOC 2021 Version 1.0, Job Bank wages (2025), Job Bank outlooks 2025–2027 and IRCC. Contains information licensed under the Open Government Licence – Canada. Checked 21 October 2026.
NOC 2026 is due from Statistics Canada in December 2026. IRCC still uses NOC 2021 codes, and this page will show any change once IRCC switches.
This page is general information, not immigration advice. It is not affiliated with or endorsed by the Government of Canada, IRCC or ESDC.
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