How much does a property appraiser make?

They check property records, visit a home or building to inspect and photograph it, then compare it with similar nearby properties. Back at a desk, they estimate its value and write a report explaining their evidence.

Did you know? Unlike appraisers who often value one property at a time, US assessors can use computer systems to value a whole neighborhood at once.

Most US entrants earn a bachelor’s degree, though some assessor jobs need less. Appraisers take state-approved classes, gain supervised experience, then pass a licensing exam; assessor requirements vary by state.

Why does pay differ?

In the US, pay can differ with experience, license level, location, and employer—banks, local governments, and real-estate firms pay differently. Independent appraisers are paid per appraisal, so their workload and hours can also affect what they earn.