This diploma thesis deals with the development of the real estate market in selected urban areas of Brno and its surroundings. First of all, it defines the basic terms and definitions that relate to the real estate market and real estate valuation. The development of factors that affect the real estate market is examined. In the next part there is an analysis of the development of realized purchase prices of flats in Brno and also a thorough analysis of the development of average offer prices of flats in Brno and in the cities of Rousínov, Šlapanice and Slavkov u Brna to compare price differences. To compare prices, three basic criteria are set, on which the development is noticeable. The last part of the work presents a comparison and evaluation of realized purchase prices and offer prices of apartments according to selected criteria in selected city districts of Brno in the years 2018-2020.

This diploma thesis is focused on a comparison of construction cost of the house made of classic materials with the equivalent made of natural building materials and consequently on comparison of both construction variants. In order to perform those tasks, the used natural building materials were defined. Furthermore, the specific options of usage of these natural building materials as well as the used composition structures were introduced. The thesis concludes with a price calculation of the constructions made of natural building materials which were not available in the common budgetary software. The appendix of the thesis contains budgets for the first variant, where the house is made of natural building materials, and also for the second variant, where the house is made of classic materials.