Homestead Park Valuation Roll Objections

JOBURG ACCOUNT QUERIES are your service providers to advise you on the Valuation Roll and objections thereto on Homestead Park properties.
In early 2018, the Valuation Roll of the COJ will be published for each property and Sectional Title in Homestead Park. Every property in Homestead Park will be issued with a value and a category. This will determine the Assessment Rate debits in Homestead Park 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 Homestead Park.
It is therefore important that you request a short opinion where the following questions must be answered in Homestead Park:
1. What is the use of the property in Homestead Park.
2. What is the category of the property per the Valuation Roll in Homestead Park.
3. What do you say is the value of the property as at 1 July 2017 in Homestead Park. The following guide lines may be helpful in Homestead Park:
3.1 What will your selling price be if you sell the property in Homestead Park.
3.2 What were the last selling price of the property and what as the date of sale in Homestead Park.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in Homestead Park.
4. Commercial properties in Homestead Park are valued on
4.1 comparative sales in Homestead Park;
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 HOMESTEAD PARK ACCOUNT QUERIES can assist you to advise you on your property valuation or refer you to a registered valuator.