Maphanga Valuation Roll Objections

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