12203

Assessors, business valuators and appraisers

TEER 2 — College diploma, apprenticeship (2+ yrs) or supervisory

Express Entry skill level: Yes
Regulated in Québec: Yes
In demand in Manitoba: No

Classification

Business, finance & administration

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Definition

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.

Example job titles

•accredited appraiser
•business valuator
•chartered business valuator (CBV)
•property assessor
•property valuator
•real estate appraiser

Overview

NOC 12203 (Assessors, business valuators and appraisers) is classified as a TEER 2 occupation under the ESDC NOC 2021 system, making it a highly eligible pathway for skilled Canadian immigration. Professionals in this unit group determine the value of land, residential and commercial properties, businesses, and other tangible or intangible assets. Their day-to-day duties involve analyzing market trends, inspecting real estate, assessing business assets for mergers or acquisitions, and preparing formal appraisal reports for taxation, financing, or legal disputes.

According to official ESDC guidelines, employment in this occupation typically requires a university degree or college diploma in business administration, economics, or a related field. In addition, professional accreditation is highly recognized and often mandatory. For real estate appraisers, designation from the Appraisal Institute of Canada (AIC) or a provincial equivalent is standard, whereas business valuators typically require the Chartered Business Valuator (CBV) designation. Meeting these educational and professional benchmarks is essential for establishing eligibility under Canada's Express Entry programs.

Because NOC 12203 is classified as TEER 2, skilled workers in this category may qualify for key economic immigration streams, including the Federal Skilled Worker Program (FSWP), the Canadian Experience Class (CEC), and various Provincial Nominee Programs (PNPs). Candidates must demonstrate that their work experience closely matches the lead statement and main duties outlined in the official NOC profile. Disclaimer: This information is for educational purposes only and does not constitute legal or immigration advice. For official guidelines, please consult Immigration, Refugees and Citizenship Canada (IRCC).

Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.

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Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.