Course Details

Real Estate Valuation

Academic Year 2023/24

NVA041 course is part of 1 study plan

NPC-SIE Summer Semester 1st year

Basic terminology of real estate valuation. Law regarding property valuation – introduction, analysis and the uses of valuation. Execution and regulation of the law regarding property valuation – the introduction, analysis, use and examples of real estate valuation. Principles of real estate valuation, areas of use and examples.

Course Guarantor

Institute

Objective

To get knowledge about valuation of real estate. Ability to analyse and evaluate prices for taxation purposes (administrative price) and for market needs (usual price).

Knowledge

Knowledge about valuation of real estate.

Syllabus

1.–2. Introduction to theory of valuation, basic terminology.
3.–4. Act about evaluation of property in current version.
5. Implementing regulation - introduction.
6.–8. Analysis of implementing regulation - constructions and examples.
9. Analysis of implementing regulation - return value, examples.
10. Analysis of implementing regulation - attrition, examples.
11. Analysis of implementing regulation - lots, plants, examples.
12. Theory of market valuation of real estate.
13. Examples of market valuation of real estate.

Prerequisites

Knowledge of costing, price setting and building constructions.

Language of instruction

Czech

Credits

4 credits

Semester

summer

Forms and criteria of assessment

course-unit credit and examination

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Offered to foreign students

Not to offer

Course on BUT site

Lecture

13 weeks, 2 hours/week, elective

Syllabus

1.–2. Introduction to theory of valuation, basic terminology.

3.–4. Act about evaluation of property in current version.

5. Implementing regulation - introduction.

6.–8. Analysis of implementing regulation - constructions and examples.

9. Analysis of implementing regulation - return value, examples.

10. Analysis of implementing regulation - attrition, examples.

11. Analysis of implementing regulation - lots, plants, examples.

12. Theory of market valuation of real estate.

13. Examples of market valuation of real estate.

Exercise

13 weeks, 1 hours/week, compulsory

Syllabus

1.–2. Introduction to theory of valuation, basic terminology.

3.–4. Case study A – valuation of family house by cost method by law regulation in current version.

5.–6. Case study B – valuation of family house by comparative method by law regulation in current version.

7.–8. Case study C – market valuation of family house by comparative method.

9.–12. Consultation of case studies.

13. Check and submission of case studies.