National Occupational Classification, TEER 2
NOC 12203: Assessors, business valuators and appraisers
Assessors and appraisers determine the value of land, businesses, estates and other real property, for purposes of sale, purchase, taxation or disposal of assets. Below are the main duties, all 26 job titles it covers, what it means for Express Entry and what it pays in each province.
Updated
- Official NOC 2021 data
- Job Bank wages
What is NOC 12203?
NOC 12203 is the code for assessors, business valuators and appraisers in the National Occupational Classification (NOC) 2021. Job titles in this group include accredited appraiser, business valuator, chartered business valuator (CBV) and property assessor. It is a TEER 2 occupation (usually a college diploma, an apprenticeship of 2 or more years, or a supervisory role), so it counts as skilled work for the Federal Skilled Worker Program and the Canadian Experience Class. The Job Bank median wage across Canada is $35.00 an hour.
- NOC code
- 12203
- TEER
- 2: College diploma or apprenticeship of 2+ years
- Broad category
- Business, finance and administration occupations
- Express Entry
- Skilled (TEER 0 to 3)
- Category draws
- None
- Median wage
- $35.00 an hour
Job titles under NOC 12203
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 job titles
- accredited appraiser
- business valuator
- chartered business valuator (CBV)
- property assessor
- property valuator
- real estate appraiser
All 26 job titles in the NOC index
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 included in this group
- real estate analyst
Main duties of NOC 12203
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.
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.
Is NOC 12203 eligible for Express Entry?
Yes for the programs that need skilled work: TEER 2 is in the TEER 0 to 3 range IRCC accepts.
| Program or draw | NOC 12203 |
|---|---|
| Federal Skilled Worker Program | Counts as skilled work (TEER 0 to 3) |
| Canadian Experience Class | Counts as skilled work (TEER 0 to 3) |
| Federal Skilled Trades Program | Not a listed trade |
| Occupation category draws (2026) | Not on any occupation list |
| French-language proficiency (category draw) | Open to any occupation with NCLC 7 in French |
Read how TEER categories work and the full list of NOC codes in each 2026 category draw. Category draws also need at least 12 months of full-time work (or the same amount part-time) in one listed occupation within the past 3 years.
How much does NOC 12203 pay?
Job Bank wages for this occupation, per hour. Low and high are, in most cases, the 10th and 90th percentiles, so 8 in 10 workers earn somewhere between them.
| Area | Low | Median | High |
|---|---|---|---|
| Canada | $26.37 | $35.00 | $54.00 |
| Newfoundland and Labrador | $25.58 | $33.14 | $49.60 |
| Prince Edward Island | $25.61 | $35.93 | $46.28 |
| Nova Scotia | $28.00 | $33.65 | $50.54 |
| New Brunswick | $22.36 | $34.53 | $42.00 |
| Quebec | $26.00 | $30.15 | $50.77 |
| Ontario | $26.37 | $33.65 | $50.00 |
| Manitoba | $23.08 | $35.46 | $41.21 |
| Saskatchewan | $25.39 | $38.00 | $47.33 |
| Alberta | $30.77 | $40.63 | $56.00 |
| British Columbia | $22.00 | $36.00 | $50.00 |
Source: Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025), data from 2023-2024 (Labour Force Survey). Wages for job offers in LMIA and provincial programs are compared with these figures, so check the current numbers on Job Bank before you rely on them.
Using NOC 12203 duties on your resume
Canadian resumes do not list NOC codes. Employers read your job titles, what you did and what came of it. The NOC duties are still a useful checklist: if you did these tasks, say so in your own words and add the numbers that prove it.
For Express Entry, the reference letter from your employer should describe the duties you really performed, in line with this lead statement and most of the main duties, without copying the NOC text word for word. The free reference letter generator checks your duties against NOC 12203 as you write.
- Start each bullet with a strong verb and end it with a result: how many, how often, how fast.
- Use the job title your employer used, even if the NOC title is different.
- Keep immigration details such as your NOC code and permit type off the resume.
Turn my duties into a resume Free to start, no card.
Where this information comes from
Occupation codes, titles and descriptions are adapted from Statistics Canada, National Occupational Classification (NOC) 2021 Version 1.0. This does not constitute an endorsement by Statistics Canada of this product.
Wages come from Job Bank, Employment and Social Development Canada (Job Bank 2025 wages, revised November 19, 2025). Contains information licensed under the Open Government Licence – Canada.
Express Entry rules come from Immigration, Refugees and Citizenship Canada (IRCC): the program pages for the Federal Skilled Worker Program, the Canadian Experience Class and the Federal Skilled Trades Program, and the category-based selection page as modified on June 22, 2026.
Frequently asked questions
What is the NOC code for a accredited appraiser?
NOC 12203, Assessors, business valuators and appraisers, a TEER 2 occupation in NOC 2021.
What TEER is NOC 12203?
TEER 2. Usually a college diploma, an apprenticeship of 2 or more years, or a supervisory role. The TEER is the second digit of the code. See all TEER categories.
Is NOC 12203 eligible for Express Entry?
Yes. As a TEER 2 occupation it counts as skilled work for the Federal Skilled Worker Program and the Canadian Experience Class. You still have to meet every other requirement, and your duties must match the NOC description.
Is NOC 12203 in an Express Entry category-based draw?
No. It is not on any 2026 occupation list. The French-language proficiency category is open to any occupation if you reach NCLC 7 in French. See every category.
How much does NOC 12203 pay in Canada?
The Job Bank median across Canada is $35.00 an hour, with most wages between $26.37 and $54.00. Pay varies by province: see the table above.
Where is the official description?
On the Statistics Canada and ESDC NOC site: search 12203 in NOC 2021 Version 1.0. This page shows the same text, from the open data Statistics Canada publishes.
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More on NOC codes and Canadian resumes
- NOC Code Finder: Describe your duties and get your NOC 2021 code, TEER and Express Entry eligibility. Free.
- NOC Codes Canada: Full List: All 516 NOC 2021 codes with their TEER, duties and wages.
- TEER Categories Explained: What TEER 0 to 5 means, which count for Express Entry, and every job in each one.
- Express Entry Category Draws: NOC Codes: Every NOC code on the 2026 healthcare, STEM, trades, education and other lists.
- Canadian Resume Examples by Job: Real examples for cashiers, caregivers, trades, tech, students and more.
- Newcomer Resume Guide: Turn international experience into a resume Canadian employers understand.