Westgate Valuation Roll Objections

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