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Appraisal Institute Releases Thirteenth Edition of The Appraisal of Real Estate

July 6, 2008 08:00 AM

CHICAGO (July 6, 2008) – The Appraisal Institute is proud to announce the release of its newest publication, The Appraisal of Real Estate, thirteenth edition, which provides real estate appraisers with guidance on how to meet the challenges facing today’s valuation professionals. Designed as an authoritative reference and first-line resource, this practical book is perfect for assistance in overcoming obstacles and performing appraisal assignments with consistency, competence and integrity.

In creating this new edition of The Appraisal of Real Estate, the Appraisal Institute looked toward future opportunities, while also taking into account the significant changes we’ve seen in the profession,” explained R. Wayne Pugh, MAI, president of the Appraisal Institute. “During the revision process, we paid special attention to evolving professional standards and the growth of information technology, which we believe are topics that every appraiser needs to understand.”

To keep readers up to date on current trends, The Appraisal of Real Estate, thirteenth edition, discusses a number of timely valuation topics, including:

  1. Statistical applications such as regression analysis and the responsible use of AVMs;
  2. Trends toward environmental and economic sustainability with green buildings; and
  3. Changes to international and U.S. accounting standards and the opportunities those changes create for appraisers to expand into new markets.
The Appraisal of Real Estate, thirteenth edition (Stock No. 0715M) is available to Appraisal Institute members for $70; $85 for non-members (plus shipping and handling). To place an order by telephone, call 800-504-7440 (8 a.m. – 5 p.m. ET). To order online, visit




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The Appraisal Institute is a global membership association of professional real estate appraisers, with nearly 24,000 members and 91 chapters throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Members of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA and SRA designations. For more information regarding the Appraisal Institute, please visit




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