NZ_OCN Real estate valuation

Institute of Technology and Business in České Budějovice
winter 2021
Extent and Intensity
2/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Petr Junga, Ph.D. (lecturer)
Ing. Tomáš Krulický, MBA, PhD. (alternate examiner)
Guaranteed by
doc. Ing. Jaromír Vrbka, MBA, PhD.
School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Supplier department: School of Expertness and Valuation – Rector – Institute of Technology and Business in České Budějovice
Timetable of Seminar Groups
NZ_OCN/NZ1: Sun 17. 10. 8:00–9:30 A2, 9:40–11:10 A2, 11:25–12:55 A2, 13:05–14:35 A2, Sat 13. 11. 8:00–9:30 A2, 9:40–11:10 A2, 11:25–12:55 A2, 13:05–14:35 A2, P. Junga
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 supported by learning outcomes
The aim of the course is to acquaint students with the principles of real estate valuation according to price regulations, classification of real estate in terms of their valuation, the procedure for determining the estimated price of land, buildings, cost and revenue valuation, real estate valuation on market principles, valuation of services, market (usual) price set revenue, the relationship between supply and demand in valuing at the usual price.
Learning outcomes
Upon successful completion of the course, the student:
He actively masters the basic concepts in the field of real estate valuation and easements.
Uses knowledge of basic literature and legislation in the field of real estate valuation and easements.
It applies individual valuation methods to the valuation of real estate (land and buildings).
It applies individual valuation methods to the valuation of easements and servants.
It sets the rent for the selected property.
Appreciate easements.
Syllabus
  • Lectures:
  • 1. Basic concepts in the field of real estate valuation, data sources
  • 2. Real estate valuation methods, purpose and use
  • 3. Theory of real estate valuation, building life cycle costs, real estate defects
  • 4. Revenue valuation method
  • 5. Comparative method of valuation
  • 6. Price-forming factors, service life, wear
  • 7. Cost method (THU, item budget)
  • 8. Administrative price of real estate - cost method
  • 9. Administrative price of real estate - comparative method and combination cost and revenue methods
  • 10. Real estate valuation in banking, insurance, business activities, property management, real estate goodwill
  • 11. Valuation of easements and services
  • 12. Land valuation (price maps, Naegeli method)
  • 13. Determination of market and simulated rent
  • Seminars:
  • 1. Basic concepts in the field of real estate valuation, construction law
  • 2. Overview of building structures and materials
  • 3. Calculation of areas and enclosed spaces on a specific example
  • 4. Calculation of the yield value of the selected real estate
  • 5. Calculation of the comparative value of a specific property
  • 6. Calculation of the comparative value of a specific property
  • 7. Calculation of the price of a specific property using THU indicators
  • 8. Valuation of selected real estate using the price regulation - cost method
  • 9. Valuation of selected real estate using the price regulation - comparative method and combination of cost and revenue method
  • 10. Specific cases of real estate valuation
  • 11. Valuation of selected easements and servants
  • 12. Valuation of selected land
  • 13. Calculation of rent for a specific property
Literature
    required literature
  • BRADÁČ, A. a kol., 2016. Teorie a praxe oceňování nemovitostí. Brno: Akademické nakladatelství CERM. ISBN 978-80-7204-930-1.
  • BRADÁČ, A. a kol., 2018. Soudní znalectví ve vybraných technických a ekonomických oborech. BRNO: CERM. ISBN 978-80-7204-995-0.
  • DUFEK, Z. a kol., 2018. BIM pro veřejné zadavatele. Praha: Leges. ISBN 978- 80-7502-285-1.
  • ORT, P., 2013. Oceňování nemovitostí – moderní metody a přístupy. Praha: Leges. ISBN 978-80-87212-77-9.
  • ORT, P. a O. ORTOVÁ ŠEFLOVÁ, 2017. Oceňování nemovitostí v praxi. Praha: Leges. ISBN 978-80-7502-234-9.
  • VYSKOČIL, V. K., F. KUDA a kol., 2011. Management podpůrných procesů. Facility management. 2.vyd. Praha: Professional publishing. ISBN 978-80- 7431-046-1.
  • KAHR, J. and M. C. THOMSETT, 2005. Real Estate Market Valuation and Analysis. Hoboken : John Willey & Sons. ISBN 978-04-7165-526-8.
    recommended literature
  • ORT, P., 2007. Cvičení z oceňování nemovitostí – Díl I. Praha: Bankovní institut Vysoká škola a.s. ISBN 978-80-7265-128-3.
  • HANNA, N. a R. DODGE, 1997. Pricing, Zásady a postupy tvorby cen. Management Press. ISBN 80-85943-34-4.
  • ALLEN, E. and J. IANO, 2008. Fundamentals of Building Construction: Materials and Methods. Hoboken : John Willey & Sons. ISBN 978-0-470- 07468-8.
  • Zdroj dat - informační systém ČUZK: https://nahlizenidokn.cuzk.cz/ Zdroj statistických dat – ČSÚ: https://www.czso.cz/
  • Zdroj informací o cenách ve stavebnictví – České stavební standardy: http://www.stavebnistandardy.cz/default.asp?Bid=6&ID=6
  • Indexy cen stavebních prací podle JKSO (THU): www.urspraha.cz
  • Cenové ukazatele ve stavebnictví (THU) pro rok 2019: http://www.cenovasoustava.cz/dok/ceny/thu_2019.html
  • Webové stránky o oceňování nemovitostí: http://www.odhadnemovitosti.cz/aktualita/metody-ocenovani-nemovitosti/266
  • Webové stránky Odborné rady pro BIM: https://www.czbim.org/
  • Odborný článek o cenové mapě nájmů: https://www.e15.cz/magazin/vysinajmu-pomuze-urcit-cenova-mapa-978691
  • Webové stránky realitní inzerce: https://www.sreality.cz/
  • Odborný článek o technické životnosti staveb: https://www.tzbinfo.cz/udrzba-budov/13102-technicke-opotrebeni-staveb-v-obecnem-pojetiz-hlediska-systemu-podstatnych-velicin
  • Diplomová práce zaměřená na specifika a možnosti použití nákladové metody při ocenění nemovitosti: https://is.ambis.cz/th/js4jh/Diplomova_prace
  • Výuková prezentace o možnostech určení ceny služebnosti inženýrské sítě: https://www.law.muni.cz/dokumenty/45423
  • Webová aplikace pro určení tržní ceny zemědělských pozemků: https://www.cenova-mapa-pudy.cz/
  • Webová aplikace pro určení tržní ceny nemovitostí - cenová mapa: https://www.cenovamapa.cz/
  • Odborný článek o stanovení místně obvyklého nájmu: https://www.e15.cz/magazin/stanovit-mistne-obvykly-najem-je-pomerneslozite-977567
  • Odborný článek o znaleckém zjištění obvyklého nájemného z pozemků: http://www.sinz.cz/archiv/docs/si-2004-02-77-87.pdf
Forms of Teaching
Lecture
Seminar
Teaching Methods
Frontal Teaching
Individual Work– Individual or Individualized Activity
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Preparation for Seminars, Exercises, Tutorial1131
Preparation for the Final Test3248
Zpracování cvičného znaleckého posudku (in Czech)3333
Závěrečný test (in Czech)22
Attendance on Lectures26 
Attendance on Seminars/Exercises/Tutorial/Excursion2616
Total:130130
Assessment Methods and Assesment Rate
Test – final 50 %
cvičný znalecký posudek (in Czech) 50 %
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
The course is also listed under the following terms winter 2022, SUMMER 2023, summer 2024.
  • Enrolment Statistics (winter 2021, recent)
  • Permalink: https://is.vstecb.cz/course/vste/winter2021/NZ_OCN