The purpose of this study was to obtain a better understanding of housing conditions of the 108 occupied rural homes in the school district known as Wellman Consolidated Independent School District, which is located in Terry County in West Texas.

The master's thesis is divided into two parts. The term „property“ and also terms dealing with segment of the vacation properties are defined in the theoretical part. Then there are defined different types of prices and valuation. This part also deals with the fact, that affect the selling price. Price maps and their importace at present are discussed in the last chapter. The practical part deals with procedure of creation of the price map, whose byproduct is creation a form for the estimation of the usual price. The region is defined here, including charakteristics of individual location, followed by a description of the property market in the region and analysis of the data base for creating price maps. The price map in text and graphic vision and the form are output. Estimation of the selling price of the property is generated after filling the form. The applicability of the form is verified by determination of the selling price of farm house in Slatina nad Zdobnicí. This property is also being valued according to price regulation in parallel. The practical part is completed by comparing of both achieved prices.