select
|

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
  
2000
Characters remaining


    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK