Welfare Park Valuation Roll Objections

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