City and Suburban Valuation Roll Objections

JOBURG ACCOUNT QUERIES are your service providers to advise you on the Valuation Roll and objections thereto on City and Suburban properties.
In early 2018, the Valuation Roll of the COJ will be published for each property and Sectional Title in City and Suburban. Every property in City and Suburban will be issued with a value and a category. This will determine the Assessment Rate debits in City and Suburban for the next 5 years.
It is therefore important that you make sure about the correct value and category as, often, incorrect debits can not be retrospectively corrected in City and Suburban.
It is therefore important that you request a short opinion where the following questions must be answered in City and Suburban:
1. What is the use of the property in City and Suburban.
2. What is the category of the property per the Valuation Roll in City and Suburban.
3. What do you say is the value of the property as at 1 July 2017 in City and Suburban. The following guide lines may be helpful in City and Suburban:
3.1 What will your selling price be if you sell the property in City and Suburban.
3.2 What were the last selling price of the property and what as the date of sale in City and Suburban.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in City and Suburban.
4. Commercial properties in City and Suburban are valued on
4.1 comparative sales in City and Suburban;
4.2 rental income, less maintenance costs, agents commission and a factor for vacancy multiplied by a return on capital factor;
4.3 development costs.
The Account Specialists of CITY AND SUBURBAN ACCOUNT QUERIES can assist you to advise you on your property valuation or refer you to a registered valuator.