BKR_ONPZ Real Estates and Natural Sources Evaluation

Faculty of Economics and Administration
Spring 2020
Extent and Intensity
0/0. 8 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Vladimír Žítek, Ph.D. (lecturer)
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
Fri 27. 3. 12:00–19:50 P302a
Prerequisites (in Czech)
(! BTR_ONPZ Real Est. and Nat. Sou. Evalua )
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
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.

The course objective is to equip the students with knowledge about the ways, methods and the significance of land, building and natural resources valuation. The understanding of the construction of individual methods will enable the students to interpret the methods correctly. Moreover, thanks to our conception of the subject, they will also grasp the wider perspective of the real estate market, the relationship between the market and the administrative prices and also the significant legal and administrative aspects of the market and the real estates themselves.
Learning outcomes
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 a subject of real estate market
Literature
    required literature
  • BRADÁČ, Albert. Teorie oceňování nemovitostí. 8. přeprac. vyd. Brno: Cerm, 2009, 753 s. ISBN 9788072046300. 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 seminars. Reading of the obligatory literature is expected.
Assessment methods
Written (reaching 60% of the total score is the condition for successful finishing of subject) and oral examination. Semester requirements: create and submit a project.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Information on the extent and intensity of the course: tutoriál 8 hodin.
Listed among pre-requisites of other courses
The course is also listed under the following terms Spring 2009, Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2021, Spring 2022.
  • Enrolment Statistics (Spring 2020, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2020/BKR_ONPZ