Jabavu Valuation Roll Objections

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