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Estimator vs appraiser

The differences between estimators and appraisers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become an estimator, becoming an appraiser takes usually requires 2-4 years. Additionally, an estimator has an average salary of $67,162, which is higher than the $42,223 average annual salary of an appraiser.

The top three skills for an estimator include customer service, cost estimates and project management. The most important skills for an appraiser are commercial property, appraisal reports, and customer service.

Estimator vs appraiser overview

EstimatorAppraiser
Yearly salary$67,162$42,223
Hourly rate$32.29$20.30
Growth rate-2%7%
Number of jobs12,5671,186
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 62%
Average age4749
Years of experience24

What does an estimator do?

Estimators work in construction and manufacturing businesses to estimate the operational costs of the company. It is the responsibility of the estimators to compile the estimates of the products and services. They prepare work for estimation through blueprints, specifications, proposals, and its associated documents. It is also expected from them to find their potential clients' needs and wants, research equipment and materials, and calculate labor costs. The organization, time management, and effective communication are the skills expected from a good estimator.

What does an appraiser do?

An appraiser is someone who assesses the monetary value of a property such as an automobile, real property, and personal claim. His/Her or her responsibilities include resolving disparities between a property's monetary values and preparing narrative reports for projects. The essential skills that an appraiser should possess to accomplish such responsibilities include a keen eye for details, strong communication, analytical, and problem-solving skills, and the ability to work under pressure. The education requirements for the job vary depending on the area of focus.

Estimator vs appraiser salary

Estimators and appraisers have different pay scales, as shown below.

EstimatorAppraiser
Average salary$67,162$42,223
Salary rangeBetween $46,000 And $96,000Between $29,000 And $59,000
Highest paying CityWashington, DCSan Mateo, CA
Highest paying stateVermontCalifornia
Best paying companyBlackRockCity National Bank
Best paying industryManufacturingInsurance

Differences between estimator and appraiser education

There are a few differences between an estimator and an appraiser in terms of educational background:

EstimatorAppraiser
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeCalifornia Polytechnic State University-San Luis ObispoUniversity of Pennsylvania

Estimator vs appraiser demographics

Here are the differences between estimators' and appraisers' demographics:

EstimatorAppraiser
Average age4749
Gender ratioMale, 82.1% Female, 17.9%Male, 67.8% Female, 32.2%
Race ratioBlack or African American, 2.2% Unknown, 3.8% Hispanic or Latino, 13.7% Asian, 4.5% White, 75.6% American Indian and Alaska Native, 0.2%Black or African American, 4.6% Unknown, 3.9% Hispanic or Latino, 6.8% Asian, 2.9% White, 81.5% American Indian and Alaska Native, 0.4%
LGBT Percentage4%8%

Differences between estimator and appraiser duties and responsibilities

Estimator example responsibilities.

  • Achieve and maintain high CSI ratings measure by an independent consumer rating firm.
  • Manage prevailing wage for payroll and prepare and submit bi-weekly certify payroll reports.
  • Manage the estimating of a commercial & industrial plumbing and mechanical contracting business.
  • Facilitate all product installation and replacement of equipment; including scheduling electrical, plumbing, roofing, and crane operator subcontractors.
  • Review and modify drawings in AutoCad.
  • Coordinate with MEP consultants during the project.
  • Show more

Appraiser example responsibilities.

  • Cross-Train in numerous banking/lending fields relate to real property appraisal such as underwriting, loan processing, and loan origination.
  • Experience in appraising single family residences, condominiums, raw land, develop lots, construction appraisals, and final inspections.
  • Complete commercial appraisal assignments in Illinois under a supervising MAI.
  • Prepare analysis of valuation issues for federal agency rent appeals, federal acquisitions, and litigation.
  • Provide oversight of the appraisers, to insure they are FHA approve.
  • Handle total losses by obtaining CCC reports, obtaining DMV documents and contacting lien holders.
  • Show more

Estimator vs appraiser skills

Common estimator skills
  • Customer Service, 17%
  • Cost Estimates, 6%
  • Project Management, 6%
  • Repair Process, 4%
  • Work Ethic, 4%
  • Construction Projects, 4%
Common appraiser skills
  • Commercial Property, 13%
  • Appraisal Reports, 12%
  • Customer Service, 7%
  • MAI, 6%
  • Discounted Cash Flow, 5%
  • Market Research, 4%

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