Makula Valuation Roll Objections

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