Course Details

Real Estate Valuation

Academic Year 2024/25

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.

Credits

4 credits

Language of instruction

Czech

Semester

summer

Course Guarantor

Institute

Forms and criteria of assessment

course-unit credit and examination

Entry Knowledge

Knowledge of costing, price setting and building constructions.

Aims

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 about valuation of real estate.

Basic Literature

DUFEK, Z. a kol. Rukověť znalce v oblasti oceňování majetku. Praha: Aleš Čeněk s.r.o., 2023. 320 s. ISBN: 978-80-7380-920-1. (cs)
BRADÁČ, A., POLÁK, P.: Úřední oceňování majetku 2024. Brno: Akademické nakladatelství CERM, s.r.o. Brno, 2024. 346 s. ISBN 978-80-7623-119-1 (cs)
Zákon č. 151/1997 Sb. o oceňování majetku, ve znění pozdějších předpisů (cs)
Vyhláška č. 441/2013 Sb. o provedení některých ustanovení zákona č. 151/1997 Sb., ve znění pozdějších předpisů (cs)
International Valuation Standards - Effective 31 January 2022. London: International Valuation Standards Council, 20 St Dunstan’s Hill, LONDON, EC3R 8HL, UKUnited Kingdom, 2022. 145 s. ISBN: 978-0-9931513-4-7 (en)
BRADÁČ, A., a kol.: Teorie a praxe oceňování nemovitých věcí. Brno: Akademické nakladatelství CERM, s.r.o. Brno, 2021. 808 s. ISBN 978-80-7623-066- 8 (cs)
Zákon č. 254/2019 Sb. Zákon o znalcích, znaleckých kancelářích a znaleckých ústavech
Vyhláška č. 503/2020 Sb. Vyhláška o výkonu znalecké činnosti (cs)

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.