Course detail

Theory of real estate evaluation

ÚSI-4TONAcad. year: 2020/2021

Basic terminology in the real estate evaluation. Price and value, basic methods of real estate evaluation.
Basic data for evaluation, search of premises. Databases for real estate valuation.
Methods of valuation: method of costs, method of estate incomes, comparing method, lot valuation, setting of the current price in the real estate evaluation.
Valuation of the real estates in accordance with present regulation for valuation, valuation for credit proceeding, for accounting, for insurance companies, for inheritance procedure, for purposes of taxes, valuation at family settlement, for auction, valuation for purposes of Commercial Code and valuation in special cases. Assessment of financial damage at the real estate damage and evaluation of the performed building operations.
Valuation of the rights of user. Estimation of the costs, economic and market rent. Flats valuation.
Specificity of the expert evidence about real estate evaluation in the various kinds of proceeding, valuation of the real estates in foreign countries. Czech and international standards for real estate evaluation.

Language of instruction

Czech

Number of ECTS credits

0

Mode of study

Not applicable.

Learning outcomes of the course unit

Theoretical knowledge of methods of real estate evaluations.

Prerequisites

Not requested.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

Methods of the real estate evaluation, practice of the expert activities within evaluation.

Specification of controlled education, way of implementation and compensation for absences

Controlled presence in the classroom

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

(12) International Valuation Standards. International Valuation Standards Council. 2017 (EN)
BRADÁČ, A.; KLIKA, P.; BRADÁČOVÁ, L.; BRUMOVSKÝ, M.; BURDA, A.; CUPAL, M.; INTROVIČOVÁ, S.; KLIŠOVÁ, J.; MELEN, V.; NIČ, M.; NYKODÝMOVÁ, V.; PERTL, M.; LORENCOVÁ, M.; SUPERATOVÁ, A.; ZUZAŇÁKOVÁ, P.; UHERKOVÁ, E.; ULRICH, J. Teorie a praxe oceňování nemovitých věcí. první. první. Brno: AKADEMICKÉ NAKLADATELSTVÍ CERM, s.r.o., 2016. 790 s. ISBN: 978-80-7204-930- 1. (CS)
KLEDUS, R, KLIKA, P. Teorie oceňování nemovitých věcí. VUT v Brně (připraveno pro vydání) (CS)
European Valuation Standards. The European Group of Valuers Associations. 2016. (EN)
The Appraisal of Real Estate. 14th ed. Chicago: Appraisal Institute, 2013. (EN)
Uniform standards of appraisal practice. USA: Congress as the Source of Appraisal Standards and Appraiser Qualifications, 2014. (EN)

Recommended reading

Not applicable.

eLearning

Classification of course in study plans

  • Programme KTZ lifelong learning

    branch ON , 1. year of study, winter semester, compulsory
    branch ON+ECS , 1. year of study, winter semester, compulsory