How much does an Appraiser I (Commercial Real Estate) make in Lubbock, TX? The average Appraiser I (Commercial Real Estate) salary in Lubbock, TX is $49,666 as of March 26, 2024, but the range typically falls between $39,604 and $55,295. 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 $30,443 Lubbock,TX March 26, 2024
25th Percentile Appraiser I (Commercial Real Estate) Salary $39,604 Lubbock,TX March 26, 2024
50th Percentile Appraiser I (Commercial Real Estate) Salary $49,666 Lubbock,TX March 26, 2024
75th Percentile Appraiser I (Commercial Real Estate) Salary $55,295 Lubbock,TX March 26, 2024
90th Percentile Appraiser I (Commercial Real Estate) Salary $60,420 Lubbock,TX March 26, 2024
25% $39,604 10% $30,443 90% $60,420 75% $55,295 $49,666 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 Lubbock, TX

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%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for an Appraiser I (Commercial Real Estate), base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
39604
55295
49666

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
41695
60418
52879
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 Lubbock, TX. The base salary for Appraiser I (Commercial Real Estate) ranges from $39,604 to $55,295 with the average base salary of $49,666. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,695 to $60,418 with the average total cash compensation of $52,879.
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39604
55295

 

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About Lubbock, Texas    Lubbock (/ˈlʌbək/ LUB-ək) is the 11th-most populous city in the U.S. state of Texas and the county seat of Lubbock County. With a population of 256,04....More

Lubbock, Texas  area prices were up 1.2% from a year ago    View the Cost of Living in Lubbock, Texas

Appraiser I (Commercial Real Estate) Salary in popular cities: HoustonSan AntonioDallas

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