Appraisal Institute Publishes New Update to Comprehensive Textbook

The ""Appraisal Institute"":http://www.appraisalinstitute.org/ announced the 14th edition of ""The Appraisal of Real Estate,"" the newest update to the profession's most comprehensive source of information for appraisers and other real estate professionals.

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The 14th edition has been restructured to mirror the organization of the valuation process, moving from the identification of problems to the report of defined value. It also includes more discussion on scope of work, more background on the evolution of national and international appraisal standards, and expanded coverage of topics explored in previous editions such as green building and the use of automated valuation models.

""Today, while real estate markets--and real estate professionals, work themselves out of the economic downturn of the previous five years, both appraisers and users of their services can be assured that this volume builds on time-tested foundational knowledge and contains the most up-to-date information and learning on valuation available anywhere,"" wrote Appraisal Institute president Richard L. Borges II, MAI, SRA, in the book's foreword.

""The Appraisal of Real Estate, 14th Edition"" is available in hardcover or PDF.