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NOC 12203: Assessors, business valuators and appraisers
NOC 12203 is a TEER 2 occupation. It counts as skilled work for Express Entry under FSW and CEC. It is not on any 2026 category list, so candidates compete in general and program rounds.
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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.
Job titles filed under this code
Official example titles
- accredited appraiser
- business valuator
- chartered business valuator (CBV)
- property assessor
- property valuator
- real estate appraiser
Also included: real estate analyst
Not this code
Close occupations that have their own code
- Financial and investment analysts → 11101
- Financial auditors and accountants → 11100
- Insurance adjusters and claims examiners → 12201
- Jewellery appraiser → 62202 Jewellers, jewellery and watch repairers and related occupations
- Land agent → 12102 Procurement and purchasing agents and officers
- Market analyst - non-financial → 41402 Business development officers and market researchers and analysts
- Property administrators → 13101
- Right-of-way agent → 12102 Procurement and purchasing agents and officers
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.
What this code means for Express Entry
TEER 0–3 work counts toward the Federal Skilled Worker Program.
One year of this work in Canada can qualify for the Canadian Experience Class.
Not in a Federal Skilled Trades group.
CRS points from November 3, 2026
NOC 12203 is on IRCC's high-wage occupations list at the 1.3x level. From November 3, 2026, at least 12 months (1,560 hours) of Canadian work in it adds 20 points to your Canadian work experience points in the CRS, and a valid job offer in it is worth 50 points; the higher of the two counts. No LMIA is needed.
IRCC high-wage list (list from 2023 to 2025 wage data, read 2026-10-16) · CRS calculator with the new rules
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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.
Good to know
- 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.