Residential appraiser vs property appraiser

The differences between residential appraisers and property appraisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a residential appraiser and a property appraiser. Additionally, a residential appraiser has an average salary of $42,503, which is higher than the $41,134 average annual salary of a property appraiser.

The top three skills for a residential appraiser include uniform standards, residential real estate and USPAP. The most important skills for a property appraiser are appraisal reports, property tax, and appeals.

Residential appraiser vs property appraiser overview

	Residential Appraiser	Property Appraiser
Yearly salary	$42,503	$41,134
Hourly rate	$20.43	$19.78
Growth rate	7%	7%
Number of jobs	8,581	7,137
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Average age	49	49
Years of experience	4	4

Residential appraiser vs property appraiser salary

Residential appraisers and property appraisers have different pay scales, as shown below.

	Residential Appraiser	Property Appraiser
Average salary	$42,503	$41,134
Salary range	Between $29,000 And $61,000	Between $26,000 And $63,000
Highest paying City	San Francisco, CA	Dearborn, MI
Highest paying state	California	Alaska
Best paying company	U.S. Bank	City of Jacksonville
Best paying industry	Automotive	Technology

Differences between residential appraiser and property appraiser education

There are a few differences between a residential appraiser and a property appraiser in terms of educational background:

	Residential Appraiser	Property Appraiser
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Residential appraiser vs property appraiser demographics

Here are the differences between residential appraisers' and property appraisers' demographics:

	Residential Appraiser	Property Appraiser
Average age	49	49
Gender ratio	Male, 60.0% Female, 40.0%	Male, 63.6% Female, 36.4%
Race ratio	Black or African American, 4.7% Unknown, 3.9% Hispanic or Latino, 6.9% Asian, 2.9% White, 81.2% American Indian and Alaska Native, 0.4%	Black or African American, 4.4% Unknown, 3.9% Hispanic or Latino, 6.6% Asian, 2.8% White, 81.8% American Indian and Alaska Native, 0.4%
LGBT Percentage	8%	8%

Differences between residential appraiser and property appraiser duties and responsibilities

Residential appraiser example responsibilities.

Manage valuation disputes of clients with in-house or fee appraisers, submit BPO's/Appraisal reports error and concerns.
Utilize ISC, MLS and state, county and city public records websites for data collection need for residential appraisals.
Review appraisal reports as per FNMA and FHLMC laws.
Contact to performing appraisals for HUD foreclosure properties, through Pemco.
Assist in appraisals for multiple counties, including FHA, and conventional loans.
Assess and report any health and safety violations in accordance to FHA policy.

Property appraiser example responsibilities.

Accomplish this task by using HTML5, jQuery, CSS4, along with ASP.NET.
Set up and delete accounts using PACS software.
Complete permits, appeals, and other responsibilities in record time.
Work with artists in the branding and rebranding of their careers.
Research market areas through MLS, country records, realtors, and homeowners.
Use of GIS applications to visualize valuation changes, demographics, route efficiency, and other attributes.

Residential appraiser vs property appraiser skills

Common residential appraiser skills

Uniform Standards, 12%
Residential Real Estate, 8%
USPAP, 7%
Data Entry, 6%
Fair Market Value, 6%
GIS, 5%

Common property appraiser skills

Appraisal Reports, 11%
Property Tax, 8%
Appeals, 7%
Property Values, 7%
Sketch, 7%
Residential Properties, 5%

Residential Appraiser vs. similar jobs

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Residential Appraiser
Residential Appraiser vs Property Appraiser

Updated January 8, 2025

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