Real Estate Appraiserassessor salary in Iceland

Average Yearly Salary of Real Estate Appraiserassessor in Iceland is approximately 10,331,251 ISK (72,248 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 Appraiserassessor do?

A real estate appraiser/assessor is responsible for estimating the value of properties for various purposes, such as sales, mortgages, taxation, and insurance. They conduct thorough research and analysis to determine the market value of a property by considering factors such as location, condition, size, and comparable sales. Appraisers/assessors inspect properties, collect data, take measurements, and document their findings in detailed reports. Their work involves interacting with clients, property owners, and other professionals in the real estate industry. They may also testify in court as expert witnesses regarding property values. Attention to detail, analytical skills, knowledge of local real estate markets, and proficiency in using appraisal software are essential in this occupation.

Skills: Real Estate Appraiser, Property Valuation, Market Analysis, Property Assessment, Appraisal Reports, Real Estate Industry
Job industry: Real estate

How much does Real Estate Appraiserassessor 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 Appraiserassessor a well paid job?

Yes, our data show that Real Estate Appraiserassessor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Real Estate Appraiserassessor?

High salary for Real Estate Appraiserassessor would be somewhere between 11,364,376 ISK and 14,980,314 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Appraiserassessor 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: 10,331,251 ISK
Estimated Monthly Salary: 860,938 ISK
Estimated Weekly Salary: 198,678 ISK per week
Estimated Hourly Salary: 4,967 ISK per hour
By working as Real Estate Appraiserassessor a person can save up to 3,292 USD per month or 39,502 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 Appraiserassessor

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.

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Data as of 2025

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