Czech

Not applicable.

Knowledge of real estate evaluation with market price, specificities of evaluation for financial institutions and courts.

Theory of real estate valuation

Not applicable.

Teaching is carried out through lectures and seminars. Lectures consist of interpretations of basic principles, methodology of given discipline, problems and their exemplary solutions. Seminars particularly support practical mastery of subject matter presented in lectures or assigned for individual study with the active participation of students.

Conditions of course-unit credit: participation in seminars, compliance of set tasks.
Exam will comprise written and oral part and will be classified according to performance level in both parts.

1. Basic terminology in market valuation (market value, market price, usual price, etc.).
2. Data for market valuation.
3. Fundamental Principles of the real estate market in relation to the valuation.
4. Analysis of the real estate market.
5. Comparative valuation approach: the principle of the method, a comprehensive solution methods (presentation and evaluation data).
6. The cost approach and its relation to market valuation.
7. The income approach pricing: principles and methods variants (according to financial mathematics and calculation of the present value). Analysis of highest and best use.
8. Analysis of the contribution. Method mean value, the weighted average method.
9. Insurance value.
10. Outline the specifics and forensic reports for the court.
11. Specifics of forensic reports in a building under construction, wear and tear, the rest of the method.
12. Specifics valuation of real estates for financial institutions.
13. Valuation of real estates with the easement.

Not applicable.

Gaining detailed knowledge of market real estate evaluation.

Attendance is checked in attendance sheet.

Not applicable.

Not applicable.

IVSC. International Valuation Standards. London: IVSC, 2021. (CS)
JOWSEY, E. Real estate economics. London: Palgrave Macmillan, 2011. ISBN 978-02-30233-20-1.
ORT, P. Analýza realitního trhu. Praha: Leges, 2019. ISBN 978-80-7502-364-3.
ORT, P. Oceňování nemovitostí - moderní metody a přístupy. Praha: Leges, 2013. ISBN 978-80-87212-77-9.
ORT, P., ORTOVÁ ŠEFLOVÁ, O. Oceňování nemovitostí v praxi. Praha: Leges, 2017. ISBN 978-80-7502-234-9.
SHAPIRO, E., MACKMIN, D., SAMS, G. Modern methods of valuation, New York: Routledge, 12th edition, 2019. ISBN 978-1138503519.
ZAZVONIL, Z. Odhad hodnoty nemovitostí. Praha: Ekopress, 2012. ISBN.

KANE, M. S., LINNE, M. R., JOHNSON, J. A. Practical Applications in Appraisal Valuation Modeling, Statistical Methods for Real Estate Practitioners. Chicago: Appraisal Institute, 2004. ISBN 0-922154-79-1.
RATTERMANN, M. R. Valuation by comparison. Residential Analysis and Logic. Chicago: Appraisal Institute, 2007. ISBN 978-0-922154-93-7.
RICS (Royal Institution of Chartered Surveyors). RICS Valuation standards. London: RICS, 2017. ISBN 978-1-78321-196-8.
TEGoVA. European valuation standards 2016 (EVS 2016_The Blue Book). Dostupné na http://www.tegova.org.
WYATT, P. Property valuation, London: Wiley-Blackwell, 3rd edition, 2023. ISBN 978-11-197-67-411.