Course Details

Property Appraising

Academic Year 2024/25

NEB050 course is part of 1 study plan

​ NPC-GK Summer Semester 2nd year

Learning outcomes of the course unit The aim of the course is to acquaint students with the basic principles of property valuation, basic concepts and laws relating to valuation of assets. Further, the methods and procedures for valuation of land (cost, comparison and yield method) and the specifics of these valuations for individual types of real estate will be discussed. Students will also be acquainted with the initial expert actions, the way of providing evidence, the composition of the expert opinion and their defects. At the end of the course, a presentation of the calculation programs for valuation will be made.

Credits

3 credits

Language of instruction

Czech

Semester

summer

Course Guarantor

Ing. Stanislav Kutálek, CSc.

Institute

Institute of Geodesy

Forms and criteria of assessment

course-unit credit

Entry Knowledge

Fundamentals of cadstre of real estate,property law.

Aims

Methodology of valuation of property understanding.

The student understands methodology of valuation of property.

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/282105

Exercise

13 weeks, 2 hours/week, compulsory

Syllabus

  • 1. Basic principles for asset valuation (introduction, basic notions, Act No. 526/1990 Coll., On prices, Act No. 151/1997 Coll., On valuation of assets and its implementing decree in the current version, valuation documents).
  • 2. Methods and procedures for land valuation.
  • 3.-4. Assessment of Cost Mode (Determination of Initial Value of Buildings, Real Estate Coverage, Limits, Lifetime and Wornness of Buildings).
  • 5. Valuation in a comparative manner (direct and indirect comparison, comparative method according to price regulation).
  • 6. Valuation in revenue and combinations of cost and income valuation methods.
  • 7. Valuation of flats, non-residential premises, valuation specifics.
  • 8. Valuation of real estate in selected cases: valuation for credit, accounting, insurance, inheritance, tax, real estate division, building valuation, valuation of property rights to real estate.
  • 9. Initial expert acts, providing evidence. Composition of expert opinion, defects in expert opinion.
  • 10. Calculation programs for valuation.