Reuven Valuation Roll Objections

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