Assessment of the flood damages on the real estate property in the Czech Republic area

The problem of floods can be solved by investment activities in the form of the flood protection measures or by the potential liquidation of damages after the flood. In the frame of the solved grant projects, there was developed the basic methodology for the losses on the immovable property in the t...

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Main Authors: Jana KORYTÁROVÁ, Vít HROMÁDKA
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2010-07-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201007-0003_assessment-of-the-flood-damages-on-the-real-estate-property-in-the-czech-republic-area.php
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author Jana KORYTÁROVÁ
Vít HROMÁDKA
author_facet Jana KORYTÁROVÁ
Vít HROMÁDKA
author_sort Jana KORYTÁROVÁ
collection DOAJ
description The problem of floods can be solved by investment activities in the form of the flood protection measures or by the potential liquidation of damages after the flood. In the frame of the solved grant projects, there was developed the basic methodology for the losses on the immovable property in the territory assessment and consequently the database of input data for its use. The output of the described methodology enables the comparison of the potential losses on immovable property with the investment costs for the flood protection measures. In order to be able to estimate the occurred losses, the own method has been developed by the members of the research team. This method consists of the specification of the territorial property valuation and the evaluation of the damage on the territorial property caused by floods. The basic quality of the Territorial Property Index is that it respects the generally defined structure of the real estate property in the given area. The Territorial Property Index is then calculated for the individual area categories. While evaluating the damage, first the measure of the damages of the property representatives depending on the hydrological situation defined in advance must be investigated. The damages are then estimated based on three defined primary parameters.
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spelling doaj.art-ad8263630d984da18f227c58183787ee2023-02-23T03:23:56ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952010-07-0156731732410.17221/56/2010-AGRICECONage-201007-0003Assessment of the flood damages on the real estate property in the Czech Republic areaJana KORYTÁROVÁ0Vít HROMÁDKA1Institute of Structural Economics, Faculty of Civil Engineering, Brno University of Technology, Brno, Czech RepublicInstitute of Structural Economics, Faculty of Civil Engineering, Brno University of Technology, Brno, Czech RepublicThe problem of floods can be solved by investment activities in the form of the flood protection measures or by the potential liquidation of damages after the flood. In the frame of the solved grant projects, there was developed the basic methodology for the losses on the immovable property in the territory assessment and consequently the database of input data for its use. The output of the described methodology enables the comparison of the potential losses on immovable property with the investment costs for the flood protection measures. In order to be able to estimate the occurred losses, the own method has been developed by the members of the research team. This method consists of the specification of the territorial property valuation and the evaluation of the damage on the territorial property caused by floods. The basic quality of the Territorial Property Index is that it respects the generally defined structure of the real estate property in the given area. The Territorial Property Index is then calculated for the individual area categories. While evaluating the damage, first the measure of the damages of the property representatives depending on the hydrological situation defined in advance must be investigated. The damages are then estimated based on three defined primary parameters.https://agricecon.agriculturejournals.cz/artkey/age-201007-0003_assessment-of-the-flood-damages-on-the-real-estate-property-in-the-czech-republic-area.phpfloodpropertyflood protection measurelossdamage
spellingShingle Jana KORYTÁROVÁ
Vít HROMÁDKA
Assessment of the flood damages on the real estate property in the Czech Republic area
Agricultural Economics (AGRICECON)
flood
property
flood protection measure
loss
damage
title Assessment of the flood damages on the real estate property in the Czech Republic area
title_full Assessment of the flood damages on the real estate property in the Czech Republic area
title_fullStr Assessment of the flood damages on the real estate property in the Czech Republic area
title_full_unstemmed Assessment of the flood damages on the real estate property in the Czech Republic area
title_short Assessment of the flood damages on the real estate property in the Czech Republic area
title_sort assessment of the flood damages on the real estate property in the czech republic area
topic flood
property
flood protection measure
loss
damage
url https://agricecon.agriculturejournals.cz/artkey/age-201007-0003_assessment-of-the-flood-damages-on-the-real-estate-property-in-the-czech-republic-area.php
work_keys_str_mv AT janakorytarova assessmentoftheflooddamagesontherealestatepropertyintheczechrepublicarea
AT vithromadka assessmentoftheflooddamagesontherealestatepropertyintheczechrepublicarea