Milpark Valuation Roll Objections

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