Real Estate Valuation

Real estate valuation serves as the foundation for informed decision-making by investors, lenders, and homeowners in the real estate industry. It focuses on determining the market value of a property through various quantitative and qualitative methods. The real estate field offers a diverse range of career opportunities, from residential appraisers and commercial property valuers to valuation analysts and consultants. According to O*, the field for property appraisers and assessors has a bright outlook with projected annual job openings of 6,900 from 2022-2032. According to the US Bureau of Labor Statistics, the median annual wage for property appraisers and assessors was $61,630 in May 2023. Professionals with expertise in real estate valuation are in high demand, particularly in urban and rapidly growing suburban areas.