Real Estate Appraisal Manager salary in Iceland

Average Yearly Salary of Real Estate Appraisal Manager in Iceland is approximately 15,159,172 ISK (106,517 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Real Estate Appraisal Manager do?

A real estate appraisal manager is responsible for overseeing and managing the appraisal process for properties. They lead a team of appraisers, ensuring accurate and timely assessments of property values. Their primary role includes reviewing appraisals, providing guidance and feedback to appraisers, and resolving any valuation disputes. They are also responsible for maintaining compliance with industry standards and regulations. Real estate appraisal managers collaborate with clients, lenders, and other stakeholders to address any concerns or questions related to property valuations. They may also be involved in training new appraisers, conducting market research, and staying updated on industry trends. This occupation requires strong analytical skills, attention to detail, and knowledge of real estate markets.

Skills: Real estate appraisal manager, Property valuation, Appraisal process, Team management, Compliance, Market research
Job industry: Real estate

How much does Real Estate Appraisal Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Real Estate Appraisal Manager a well paid job?

Yes, our data shows that Real Estate Appraisal Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Appraisal Manager?

High salary for Real Estate Appraisal Manager would be somewhere between 16,675,089 ISK and 21,980,799 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Appraisal Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 15,159,172 ISK
Estimated Monthly Salary: 1,263,264 ISK
Estimated Weekly Salary: 291,523 ISK per week
Estimated Hourly Salary: 7,288 ISK per hour
By working as Real Estate Appraisal Manager a person can save up to 6,148 USD per month or 73,771 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Real Estate Appraisal Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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