The average salary for a Real Estate Appraiser, Residential is $54,657.
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$36k - $90k
$2k - $15k
$0 - $2k
$34k - $97k
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Job Description for Real Estate Appraiser, Residential
A residential real estate appraiser assesses homes' values for loan, tax, insurance, and other purposes. The appraiser evaluates single-family homes, land, and condominiums, among other residential properties. To obtain an objective and accurate valuation for property, the appraiser needs examine factors such as the history of the property, market trends, an in-person assessment of its condition, and the selling prices of similar homes in the area. After the appraisal has been carried out, the a…Read more
Real Estate Appraiser, Residential Tasks
- Calculate estimates of the value of property for sales, mortgages, and loans.
- Create written reports detailing estimation process and results.
- Conduct inspections of properties to identify factors which could influence property value.
- Research property sales history, value of neighboring homes, and the value of homes in the region.
Popular Employer Salaries for Real Estate Appraiser, Residential
Explore the most common career paths for Real Estate Appraiser, Residential. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Real Estate Appraiser, Residential
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Real Estate Appraiser, Residential Job Listings
Popular Skills for Real Estate Appraiser, Residential
Skills in Residential, Valuation and Real Estate are correlated to pay that is above average. Skills that pay less than market rate include Market Analysis and Data Analysis.
Pay by Experience Level for Real Estate Appraiser, Residential
An early career Real Estate Appraiser, Residential with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $45,379 based on 37 salaries. A mid-career Real Estate Appraiser, Residential with 5-9 years of experience earns an average total compensation of $51,144 based on 21 salaries. An experienced Real Estate Appraiser, Residential with 10-19 years of experience earns an average total compensation of $57,238 based on 68 salaries. In their late career (20 years and higher), employees earn an average total compensation of $62,726.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Real Estate Appraiser, Residential in their job title in Tampa, Florida earn an average of 64.7% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (48.2% more) and Denver, Colorado (11.7% more).
Years of Experience
This data is based on 179 survey responses.
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