How much does an Appraiser I (Commercial Real Estate) make in Addison, MI? The average Appraiser I (Commercial Real Estate) salary in Addison, MI is $55,895 as of March 26, 2024, but the range typically falls between $44,571 and $62,230. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Appraiser I (Commercial Real Estate) Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Appraiser I (Commercial Real Estate) Salary $34,262 Addison,MI March 26, 2024
25th Percentile Appraiser I (Commercial Real Estate) Salary $44,571 Addison,MI March 26, 2024
50th Percentile Appraiser I (Commercial Real Estate) Salary $55,895 Addison,MI March 26, 2024
75th Percentile Appraiser I (Commercial Real Estate) Salary $62,230 Addison,MI March 26, 2024
90th Percentile Appraiser I (Commercial Real Estate) Salary $67,998 Addison,MI March 26, 2024
25% $44,571 10% $34,262 90% $67,998 75% $62,230 $55,895 50%(Median) Didn’t find job title? Click
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Job Description for Appraiser I (Commercial Real Estate)

Appraiser I (Commercial Real Estate) conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Appraiser I (Commercial Real Estate) performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Appraiser I (Commercial Real Estate) uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Appraiser I (Commercial Real Estate) work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Appraiser I (Commercial Real Estate) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Appraiser I (Commercial Real Estate) in Addison, MI
  • We are seeking a Retail Commercial Real Estate Specialist. This is a full-time salaried position that works in office at our headquarters located in Troy, ...
    - 3 Days Ago
  • We are seeking a Retail Commercial Real Estate Specialist. This is a full-time salaried position that works in office at our headquarters located in Troy, ...
    - 3 Days Ago
  • Woodmont Real Estate Services is a premier asset and property management company, we're proud to offer Northern California over 50 years' experience managi...
    - 10 Days Ago
  • We are now hiring for a Commercial Underwriter, which may be located in our Knoxville, TN or Bloomington, IN office. For this position, we need someone who...
    - 13 Days Ago
  • We are now hiring for a Commercial Underwriter, located in our Arlington, TX, Boise, ID or South Sioux City, NE offices. For this position, we need someone...
    - 12 Days Ago

Career Path for Appraiser I (Commercial Real Estate)

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Appraiser I (Commercial Real Estate), the first career path typically starts with an Appraiser II (Commercial Real Estate) position, and then progresses to Appraiser IV (Commercial Real Estate).

Additionally, the second career path typically starts with an Appraiser (Residential Real Estate) position, and then progresses to Appraiser Sr. (Residential Real Estate).

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Appraiser I (Commercial Real Estate) salary varies from city to city. Compared with national average salary of Appraiser I (Commercial Real Estate), the highest Appraiser I (Commercial Real Estate) salary is in San Francisco, CA, where the Appraiser I (Commercial Real Estate) salary is 25.0% above. The lowest Appraiser I (Commercial Real Estate) salary is in Miami, FL, where the Appraiser I (Commercial Real Estate) salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
44571
62230
55895

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46924
67996
59511
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Appraiser I (Commercial Real Estate) in Addison, MI. The base salary for Appraiser I (Commercial Real Estate) ranges from $44,571 to $62,230 with the average base salary of $55,895. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,924 to $67,996 with the average total cash compensation of $59,511.
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44571
62230

 

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About Addison, Michigan    Addison is a village in Lenawee County of the U.S. state of Michigan. The population was 605 at the 2010 census. The village is located on the bounda....More

Addison, Michigan  area prices were up 1.3% from a year ago    View the Cost of Living in Addison, Michigan

Appraiser I (Commercial Real Estate) Salary in popular cities: DetroitGrand RapidsWarren

Skills associated with Appraiser I (Commercial Real Estate): Property Valuation, Building Inspection, Data Analysis, Real Estate Appraisal ...More