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Real Estate Appraisal in Manitoba

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS MB53132CA

Real Estate Appraisal in Manitoba industry analysis

Revenue for the Real Estate Appraisal industry in Manitoba is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Real Estate Appraisal in Manitoba Market Research Report

What’s Included in the Real Estate Appraisal in Manitoba Market Research Report

Definition of the Real Estate Appraisal in Manitoba?

Operators in this industry specialize in estimating the fair market value of real estate. Appraisers research a property or development to determine the characteristics pertinent to its market value. Valuations for a property are carried out when it is sold, mortgaged, taxed, insured or developed.

What’s included in the Real Estate Appraisal in Manitoba?

The Real Estate Appraisal in Manitoba includes commercial appraisal services, residential appraisal services, consulting services and appraisal management services. Related terms covered in the Real Estate Appraisal in Manitoba industry report includes the appraiser's opinion of value as written in an appraisal report, the determination of the economic value of an asset and the creation of new households, regardless of the number of residents.

Industry Performance of the Real Estate Appraisal industry in Manitoba

Benchmark the Real Estate Appraisal in Manitoba industry performance with all MB Census Metropolitan Area and national performance.

Real Estate Appraisal in Manitoba

#5 in Highest Revenue 4.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Real Estate Appraisal in Canada


Revenue (2023)
Annual Growth (2018-23)
Annual Growth (2023-28)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Real Estate Appraisal industry in Manitoba

See how key industry drivers, such as median houshold income, gross domestic product, net migration, value of residential construction, housing starts and consumer confidence index are impacting Real Estate Appraisal in Manitoba

Manitoba Economic Indicators

Median Houshold Income
Gross Domestic Product
Net Migration

View more economic information in MB State Economic profile

Canada Key External Drivers

Value of residential construction
Housing starts
Consumer confidence index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Real Estate Appraisal industry in Manitoba

Access proprietary data on Census Metropolitan Area in the Real Estate Appraisal in Manitoba, such as Winnipeg, Brandon and Steinbach. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Real Estate Appraisal industry in Manitoba

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Real Estate Appraisal industry in Manitoba in 2025?

The market size of the Real Estate Appraisal industry in Manitoba is $34.2m in 2025.

How many businesses are there in the Real Estate Appraisal industry in Manitoba in 2025?

There are 91 businesses in the Real Estate Appraisal industry in Manitoba, which has been growing at an average annual rate of 0.2% from 2020 to 2025.

Has the Real Estate Appraisal industry in Manitoba grown or declined over the past 5 years?

The market size of the Real Estate Appraisal industry in Manitoba has been growing at an average annual rate of 2.3% from 2020 to 2025.

How many employees in the Real Estate Appraisal industry in Manitoba in 2025?

There are 115 employees in the Real Estate Appraisal industry in Manitoba, which has been growing at an average annual rate of 0.5% from 2020 to 2025.