Course detail

Market Valuation of the Real Estate

FA-ONE-KEAcad. year: 2024/2025

Summary of the market valuation real property, the process of market valuation of real estates, the analysis of the real estate market in terms of pricing, work with data at market valuation of immovable property valuation approaches in valuing real property, the resulting estimate of the market value of a contributory analysis, market valuation for banking purposes and instruments are used, the market valuation of buildings under construction, residual method.
In the study programmes “Architecture and Urban Design” the course is part of the technical courses.

Language of instruction

English

Number of ECTS credits

2

Mode of study

Not applicable.

Guarantor

doc. Ing. et Ing. Martin Cupal, Ph.D. et Ph.D.

Department

Department of Expertise in Civil Engineering and Real Estate Appraisal (OON)

Entry knowledge

Not applicable.

Rules for evaluation and completion of the course

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.
Attendance is checked in attendance sheet.

Aims

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

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

JOWSEY, E. Real estate economics. London: Palgrave Macmillan, 2011. ISBN 978-02-30233-20-1. (EN)
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. (EN)
RATTERMANN, M. R. Valuation by comparison. Residential Analysis and Logic. Chicago: Appraisal Institute, 2007. ISBN 978-0-922154-93-7. (EN)
RICS (Royal Institution of Chartered Surveyors). RICS Valuation standards. London: RICS, 2017. ISBN 978-1-78321-196-8. (EN)
SHAPIRO, E.; MACKMIN, D.; SAMS, G. Modern methods of valuation, New York: Routledge, 12th edition, 2019. ISBN 978-1138503519. (EN)
TEGoVA. European valuation standards 2016 (EVS 2016_The Blue Book). Dostupné na http://www.tegova.org. (EN)
WYATT, P. Property valuation, London: Wiley-Blackwell, 2nd edition, 2013. ISBN 978-11-19968-65-8. (EN)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme BE_A+U Bachelor's, 4. year of study, winter semester, elective
  • Programme NE_A+U Master's, 1. year of study, winter semester, compulsory-optional
    specialization --- (do 2022) , 1. year of study, winter semester, compulsory-optional
    , 2. year of study, winter semester, compulsory-optional
    specialization --- (do 2022) , 2. year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

doc. Ing. et Ing. Martin Cupal, Ph.D. et Ph.D.

Exercise

26 hours, compulsory

Teacher / Lecturer

doc. Ing. et Ing. Martin Cupal, Ph.D. et Ph.D.