Chas Everitt offers help for Jo’burg homeowners with high valuations

Johannesburg homeowners who are planning to object to a new valuation placed on their property by the city council should contact their nearest Chas Everitt International office for a free property evaluation as soon as possible.
“The City of Jo’burg recently sent out notices to about 83 000 people informing them that their property valuations had been increased – in some cases by more than 100 percent – and that their municipal rates would rise accordingly,” says Chas Everitt International MD Berry Everitt.
“And although the deadline has been extended, the affected homeowners now only have until 29 July to lodge an objection if they believe their properties to have been incorrectly valued.
“However, objections need to be well-prepared, and backed up by an independent, market-related evaluation, so to help these homeowners, our Johannesburg offices have all geared up to provide such evaluations right away, and at no cost.
The numbers to call are
Glenvista – 011 432 3232
Jhb South – 011 433 8785
Midrand – 011 312 6761
Randburg – 011 801 2500
Ruimsig – 011 958 2452
Sandton – 011 463 2033
West Rand – 011 472 2200
Everitt notes that incorrect properties valuations can have long-lasting detrimental effects on homeowners. “For one thing, an inflated property value means that the base rate on which your property rates and taxes are calculated will be higher – and that means you will be paying more than you should, every single month, for as long as you own the property.
“Secondly, property buyers are now extremely conscious of what it costs to run and maintain a home on top of the monthly bond repayment – so future buyers of your property will undoubtedly want to know what you pay in rates and taxes, and be put off if these are too high.
“In short, it is in your interest now and for the future to ensure that the municipal valuation of your property is market-related. And to do that, you need an independent, market-related evaluation to compare with any new municipal valuation, and to use to substantiate your objection if the municipal valuation is too high.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us