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Personal Property and Equipment Appraiser

Personal property and equipment appraisers provide an opinion of the value of personal and household items, business assets, vehicles, equipment, associated support equipment, and machinery. They prepare professional reports for owners, buyers, insurance companies, lending institutions, government departments, lawyers, creditors, and others.

Also Known As

Appraiser, Equipment Appraiser

NOC Codes

In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.

The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used. Here is how this occupation has been classified over time:

  • 2006 NOC: Appraisers (1235.3) 
  • 2006 NOC-S: Assessors, Valuators and Appraisers (B115) 
  • 2011 NOC: Assessors, valuators and appraisers (1314) 
  • 2016 NOC: Assessors, valuators and appraisers (1314) 
Interests & Abilities

In Alberta, this occupation is part of 1 or more 2006 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Appraisers
2006 NOC : 1235.3

Interest Codes

Interest Codes for This NOC Group
METHODICAL

Interest in analyzing information for appraisal purposes when searching public records of sales, leases, assessments and other transactions

directive

Interest in submitting reports to corroborate appraised value of properties and in determining future values based on study of location, trends, impending changes and other potential influences

social

Interest in speaking with people to collect data and information used when appraising value of properties

Your Interest Codes

To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.

Reading Interest Codes
A Quick Guide

The interest code helps you figure out if you’d like to work in a particular occupation. 

It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective, and Social.

Each set of 3 interest codes for this NOC group is listed in order of importance.

A code in capital letters means it’s a strong fit for the occupation.

A code in all lowercase letters means the fit is weaker.

Learn About Interests

Abilities

Typical ability expectations for this NOC group
Your abilities

To fill in or change the values for your abilities, complete the Abilities Exercise in CAREERinsite.

Mental Abilities

General Learning Ability

Verbal Ability

Numerical Ability

Visual Abilities

Spatial Perception

Form Perception

Clerical Perception

Physical Abilities

Motor Coordination

Finger Dexterity

Manual Dexterity

Understanding Abilities

A Quick Guide

You are born with abilities that help you process certain types of information and turn it into action. These abilities influence which skills you can learn more easily.

The abilities or aptitudes shown for this NOC group come from the General Aptitude Test Battery (GATB). The GATB measures 9 aptitudes. It groups them into 3 categories: mental, visual, and physical.

The abilities scores range from 1 to 5, with 5 being stronger.

Learn About Abilities

Duties
Updated Mar 31, 2022

Personal property appraisers may provide an opinion of value for several types of personal property. Or they may specialize in goods such as:

  • Antiques and collectibles
  • Works of art
  • Jewellery
  • Commercial and business assets
  • Stamps and coins
  • Musical instruments
  • Watches and clocks
  • Dolls and toys
  • Fabric goods
  • Firearms
  • Old books

Equipment appraisers provide an opinion of value for automobiles, trucks, heavy equipment, and associated support equipment.

Duties and responsibilities vary depending on the area of specialty. In general, personal property and equipment appraisers inspect and research the items they’re appraising. They strive to provide an unbiased opinion of value for goods in people’s homes, businesses, or other places. They:

  • Note age, style, and overall condition
  • Look for flaws that may or may not decrease the value of an item
  • Determine if items are originals or copies, where appropriate
  • Gauge the appeal of items to potential buyers at auctions or estate sales
  • Consult reference materials such as catalogues and directories
  • Write reports describing items and their fair market value, replacement or reproduction value, or orderly liquidation value (if required for settling debts)
  • Appear as expert witnesses and explain their appraisals in court without advocating for either side
Working Conditions
Updated Mar 31, 2022
  • Strength Required Lift up to 5 kg

Personal property and equipment appraisers work in settings ranging from remote worksites, equipment yards, and farm sheds to high-rise office towers.

Their hours of work vary. Those employed by insurance companies, lending institutions, or auction houses may work standard office hours with occasional evening or weekend work. Self-employed appraisers often work long, irregular hours that include evenings, weekends, and holidays.

Personal property and equipment appraisers may have to deal with biased information. They may face pressure from property owners who want to influence appraised values.

Work in some areas, like antique automobiles, may be seasonal.

Traits & Skills
Updated Mar 31, 2022

Personal property and equipment appraisers need:

  • An impartial nature
  • Discretion to maintain client confidentiality
  • Honesty and tact
  • Communication and interpersonal skills
  • A willingness to accept responsibility for their decisions
  • Integrity

They should enjoy analyzing information while being mindful of bias. They should like dealing with all kinds of people.

Educational Requirements
Updated Mar 31, 2022
  • Minimum Education Varies

Personal property and equipment appraiser is not an entry-level occupation. Most appraisers have a combination of related post-secondary education and years of experience in their area or areas of specialty.

For example, fine art appraisers need a bachelor’s or master’s degree in art history, plus experience in art galleries or museums. Jewellery appraisers need a diploma or certificate from a recognized school, plus related work experience. Equipment appraisers need years of related sales and hands-on technical experience.

An appraiser’s background may be examined in court to establish whether they make a credible expert witness.

Prospective appraisers should discuss their career and education plans with people working in the relevant field before enrolling in an education program. Post-secondary schools throughout Canada and the United States offer certificate, diploma, and degree programs, and university transfer programs.

To expand or narrow your search for programs related to this occupation, visit Post-Secondary Programs.

Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.

Certification Requirements
Updated Mar 31, 2022
  • Certification Not Regulated

Certification is not required as there is currently no provincial legislation regulating this occupation. However, voluntary certification, and accreditation from major appraiser associations is considered highly valuable.

Employment & Advancement
Updated Mar 31, 2022

Personal property and equipment appraisers may work for:

  • Auction houses
  • Art galleries
  • Antique shops
  • Second-hand stores
  • Retail jewellery stores
  • Appraisal firms
  • Lending institutions
  • Insurance companies

Self-employed appraisers may provide services for any of the above. They may provide an opinion of value on property before owners:

  • Dissolve a marriage or business partnership
  • Make a tax-deductible charitable donation
  • Insure, sell, or use property as loan collateral

Personal property and equipment appraisers usually start their careers in other occupations. They move into the appraisal field after gaining related expertise. Previous experience in an industry or market segment makes appraisers credible in their chosen field. For example, they may start in new or used goods retail outlets, auction houses, museums, or art galleries.

In large organizations, experienced appraisers may move into supervisory or management positions. For self-employed appraisers, advancement often results from gaining a reputation and building a larger client base.

Industry Concentration

This section shows the industries where the majority of people in this occupation work. The data is based on the 2016 Census.

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups.

In the 1314: Assessors, valuators and appraisers occupational group, 86.7% of people work in:

Employment Outlook

Employment outlook is influenced by a wide variety of factors including:

  • Time of year (for seasonal jobs)
  • Location in Alberta
  • Employment turnover (when people leave existing positions)
  • Occupational growth (when new positions are created)
  • Size of the occupation
  • Trends and events that affect overall employment, especially in the industry or industries from the previous list

In Alberta, the 1314: Assessors, valuators and appraisers occupational group is expected to have a below-average annual growth of 1.3% from 2019 to 2023. In addition to job openings created by employment turnover, 20 new positions are forecasted to be created within this occupational group each year.

Note
NOC groups often include several related occupations. Although there is labour market data for the larger NOC group, this occupation makes up only a part of that group. It means data for this occupation may be different than the data shown. For example, only some of the new positions to be created will be for this occupation. It also applies to other data for the NOC group such as number of people employed.

Source: Alberta Regional Occupational Demand Outlook

Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.

Wage & Salary
Updated Mar 31, 2022

Appraisers’ earnings vary a lot depending on the types of property they appraise and their experience and qualifications.

Self-employed appraisers charge a fee for each appraisal. This is based on the time it takes, the distance travelled, and the type of report required. Self-employed appraisers must pay business overhead costs from their earnings. They should also purchase errors-and-omissions insurance.

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Assessors, valuators and appraisers

2016 NOC : 1314
Average Wage
$42.82
Per Hour
Average Salary
$83,964.00
Per Year
Average Hours
38.5
Per Week
Average Months on Payroll
12
Survey Methodology Survey Analysis

Source
2019 Alberta Wage and Salary Survey

NOC 1314 Wage Profile

Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.

All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.

To see the full survey data for this NOC group, visit the wage profile.

Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.

A: High Reliability
Data Reliability Code Definition

High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.


Hourly Wage

For full-time and part-time employees
  • Low
  • High
  • Average
  • Median
Starting
Overall
Top

Hourly Wage

For full-time and part-time employees
Wages* Low (5th percentile) High (95th percentile) Average Median
Starting $19.23 $48.11 $32.56 $28.88
Overall $31.04 $58.26 $42.82 $38.98
Top $34.33 $61.08 $48.74 $50.00

Swipe left and right to view all data. Scroll left and right to view all data.

* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.

Pay brackets for hourly wages

  • Starting pay: average pay offered for entry-level positions
  • Overall pay: average pay across all employees in this occupation
  • Top pay: average pay offered to top-paid employees

Industry Information

Public Administration
Professional, Scientific & Technical Services
ALL INDUSTRIES
Finance, Insurance, Real Estate, Leasing

Skills Shortage

Employers that Recruited in the Last 2 Years
41%
41%)
Recruiting Employers that Experienced Hiring Difficulties
39%
39%
Employers with Unfilled Vacancies of over 4 Months
2%
2%
Vacancy Rate
N/A
Related Post-Secondary Field of Study
  • Agriculture and Related Technologies
  • Business, Management and Administrative Studies
  • Trades, Industrial and Related Training
Other Sources of Information
Updated Mar 31, 2022

American Society of Appraisers (ASA) website: www.appraisers.org

Appraisal Institute of Canada (AIC) website: www.aicanada.ca

Canadian Personal Property Appraisers Group (CPPAG) website: www.cppag.com

Equipment Appraisers Association of North America (EAANA) website: eaana.org

International Society of Appraisers (ISA) website: www.isa-appraisers.org

International Society of Appraisers (ISA) - Canadian Chapter website: www.isa-appraisers.ca

National Association of Jewelry Appraisers (NAJA) website: najaappraisers.com

RICS (Royal Institution of Chartered Surveyors) website: www.rics.org

Get information and referrals about career, education, and employment options from Alberta Supports.

Updated Mar 31, 2022. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.

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