Johannesburg Valuation Roll Objections

Johannesburg Valuation Roll Objections

Johannesburg Valuation Roll Objections are your service providers to advise you on the Valuation Roll and objections thereto on Johannesburg properties.
In early 2018, the Valuation Roll of the COJ will be published and applicable to Johannesburg. Every property in Johannesburg will be issued with a value and a category. This will determine the Assessment Rate debits in Johannesburg 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 be corrected in Johannesburg.
It is therefore important that you request a short opinion where the following questions must be answered in Johannesburg:
1. What is the use of the property in Johannesburg.
2. What is the category of the property per the Valuation Roll in Johannesburg.
3. What do you say is the value of the property as at 1 July 2017 in Johannesburg. The following guide lines may be helpful in Johannesburg:
3.1 What will your selling price be if you sell the property in Johannesburg.
3.2 What were the last selling price of the property and what as the date of sale in Johannesburg.
3.3 What were the selling prices of neighboring properties and how do they compare to your properties in Johannesburg.
4. Commercial properties in Johannesburg are valued on
4.1 comparative sales in Johannesburg;
4.2 rental income, less maintenance costs, agents’ commission and a factor for vacancy multiplied by a return on capital factor in Johannesburg;
4.3 development costs in Johannesburg.
The Account Specialists of Johannesburg Account Queries can assist you to advise youon your valuation.