Village Main Valuation Roll Objections

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