Modern Methods of Valuation, 12th Edition, by Eric Shapiro, is an essential textbook for those studying or practicing real estate appraisal. Reflecting changes in regulatory and statutory frameworks since 2013, this edition presents comprehensive coverage of legal, economic, and technical aspects of property valuation. Updated as of June 2018, it includes the latest RICS Valuation – Global Standards 2017, ensuring that students and practitioners are well-informed about current practices. The book serves as a core text for university and college real estate programs, offering guidance on preparing valuations for statutory purposes. Throughout, experienced valuers provide practical examples of applying valuation principles to common issues encountered in the field. This edition remains an invaluable resource, enhancing readers’ understanding of valuation methods and techniques.