Rates Increases! Property Valuations!

PROPERTY RATES INCREASE? YOU CAN OBJECT!

General Valuation Roll for 2018 (GV2018)

The current General Valuation Roll, known as GV2018, was certified by the City of Cape Town’s Municipal Valuer on 31 January 2019.

It contains the municipal valuations of about 875 000 registered properties in Cape Town, as at the valuation date for the new roll, being 2 July 2018. You can view the GV 2018 roll HERE.

The new valuations, and related increased municipal rates payable by property owners, will be implemented on 1 July 2019.

If you are of the opinion that the amended market value does not reflect the reasonable market value of your property, it is well advised to raise an objection as the current determination affects the rates you will pay for the next 3 to 4 years. Owners who disagree with the valuation, have until 29 March 2019 to object to a valuation in person, or until 30 April 2019 for online objections.

The objection process can become onerous and technical. Let STBB’s expertise manage this important process on your behalf. Contact Tim Chase at timc@stbb.co.za

Cape Town 021 406 9100 | Claremont 021 673 4700 | Fish Hoek 021 784 1580 |

Article curated for eNeighbourhoods.co.za for
Chas Everitt Cape Town South 

Free valuation service

Chas Everitt Cape Town South’s agents have a free online Property Valuation service that will produce a computer-generated valuation based on comparable sales in your area. The agent will professionally vet the data being included to remove sales that are not comparable as without this intervention the figures are not sufficiently reliable. To get this free service go to www.FreePropertyValuations.co.za

 

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