The Influence of a Specific Location on the Price of a House: Brno – Divišova čtvrť

This diploma thesis deals with assessment and evaluation of the influence of specific location Brno – Divišova čtvrť on the price of a house. The research section aims at the real estate market, a description of development in the former workers’ colonies, the concept of price and its interpretations and comparative methods. The location Divišova čtvrť with its all specifics is described and an analysis of the real estate market in this location including prognosis of further development is executed hereafter. A database of comparable properties is compiled and appraisal of a house in four selected locations using direct comparison method is executed within own solution. Besides other factors, the influence of location is also statistically evaluated using multiple linear regression analysis. The results of both appraisal and multiple linear regression analysis are discussed and the influence of specific location is assessed