JOHANNESBURG VALUATION ROLL

Posted by admin on February 14, 2018

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Home > Property News > JOHANNESBURG VALUATION ROLL

Have your property independently valued

The 2017 General Valuation Roll, conducted by the Johannesburg Metropolitan, has been completed and will be implemented as from 1 July 2018. The purpose of the valuation roll is to assess municipal valuations of all immovable property types, including residential, commercial, industrial and specialised properties, and such municipal valuations will be utilised to calculate property rates on your property for the next 4 years.

What does this mean for you, the property owner? Should your property be overvalued by the municipality, which may happen as there are thousands of properties to be valued, you will be required to pay an inflated property rates expense every month, based on the inflated municipal value.

An objection to the municipal value of your property, will need to be submitted to the municipality, in order to rather pay property rates on the market related value of your property. In order to object, your property will need to be valued by independent and Professional Property Valuers, whom will prepare a valuation report which will be included in your objection, to substantiate a lower market related municipal valuation.

The period for objections to the Municipal Valuation Roll, is 20 February to 6 April 2018.
Check the new municipal value of your property here:

https://coj2018.evaluations.co.za/eServices/Secure/search.aspx

Get your property valued today and enjoy peace of mind by knowing the value of your most prized investment. In today’s times of spiralling costs and a recession looming, it is prudent to count every rand and have the satisfaction of saving on an unnecessary inflated monthly property rates expense, over the next 4 years.

Valuetec is an independent Valuation Company with Professional Valuers registered with the South African Council for the Property Valuers Profession. We have offices in Pretoria and perform valuations throughout Gauteng.

Contact us today, so that we can commence with your valuation and objection thereof timeously to avoid the rush before the objection period closes:

0861 440 444
info@valuetec.co.za
www.valuetec.co.za

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