BPR_ONPZ Evaluation of Real Estates and Natural Sources

Faculty of Economics and Administration
Spring 2015
Extent and Intensity
2/1/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Vladimír Žítek, Ph.D. (lecturer)
doc. Ing. Vladimír Žítek, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Vladimír Žítek, Ph.D.
Department of Regional Economics – Faculty of Economics and Administration
Contact Person: Ing. Iveta Suchomelová Vašíčková
Supplier department: Department of Regional Economics – Faculty of Economics and Administration
Timetable
Tue 12:50–14:30 P103
  • Timetable of Seminar Groups:
BPR_ONPZ/01: Tue 14:35–16:15 P103, V. Žítek
Prerequisites (in Czech)
! PRONPZ Eval. of Real Es. and Nat. S.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 120 student(s).
Current registration and enrolment status: enrolled: 0/120, only registered: 0/120, only registered with preference (fields directly associated with the programme): 0/120
fields of study / plans the course is directly associated with
Course objectives
The course offers a wider perspective of the issue of real estate valuation. It is based on thorough understanding of the principles of the real estate market and its specifics; attention is devoted to the public interest, land use planning and real estate register. The significance of and the reasons for real estate valuation are explained in the practice. The actual valuation starts with clarifying the procedures for land value determination (either using price maps of building sites or using calculation) and fruit trees and decorative plants value determination. Further attention is given to the cost, comparison and profit approach to building and flat valuations. All procedures are illustrated using practical examples, which enables the right interpretation of the found prices in dependence on the methods used. The entire course works with the idea of spatial differentiation of property values.

At the end of the course students should be able to:
- formulate the specifics of the property market
- calculate the deterioration of buildings
- organize a local survey for establishing the condition of a property
- assess the suitability or unsuitability of the choice and direction of methods for property valuation
- compare the results of valuation carried out using different kinds of administrative prices with the market price
- evaluate any property including lands
Syllabus
  • Real estate market and its public character
  • Real estate market and its specification
  • Evidence of real estates, resources of evaluation
  • Land evaluation
  • Agricultural land evaluation
  • Building evaluation
  • Cost method of real estates evaluation
  • Compare method of real estates evaluation
  • Yield method of real estates evaluation
  • Estate agency as subject of real estate market
Literature
  • ŽÍTEK, Vladimír and Lucie ROKOSOVÁ. Cvičebnice k oceňování nemovitostí a přírodních zdrojů. 2. přepr. a rozš. vyd. Brno: Masarykova univerzita, 2007, 98 pp. ISBN 978-80-210-4280-3. info
  • ŽÍTEK, Vladimír. Oceňování nemovitostí a přírodních zdrojů. 1. vyd. Brno: Masarykova univerzita, 2004, 92 pp. ISBN 80-210-3348-7. info
  • BRADÁČ, Albert. Teorie oceňování nemovitostí. 5. přepracované a doplněn. Brno: Cerm, 2001, 616 s. ISBN 8072041886. info
  • SEJÁK, Josef. Oceňování pozemků a přírodních zdrojů. Vyd. 1. Praha: Grada, 1999, 251 s. ISBN 8071693936. info
  • CÍSAŘ, Jaromír. Vybrané otázky z trhu nemovitostí. Vyd. 1. Praha: Vysoká škola ekonomická, 1996, 160 s. ISBN 8070796901. info
Teaching methods
Lessons take form of lectures and seminars. Continuous self-study is expected, the output is a seminar project (valuation of a really existing property).
Assessment methods
The exam has a written and an oral part. The written part tests the students' practical knowledge, their skills at property valuation; key stages of the solution are evaluated; in total, the usually achievable maximum is 20 points; to pass the students needs at least 12 points (60 %). The oral part tests theoretical knowledge; it also includes the defence of the seminar project. Semester requirements: obligatory attendance at seminars, create and submit project.
Language of instruction
Czech
Further Comments
The course is taught annually.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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The course is also listed under the following terms Spring 2009, Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022.
  • Enrolment Statistics (Spring 2015, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2015/BPR_ONPZ