City advises on objecting to new property valuations

By Khanyisa Tabata
05 March 2010


The City of Cape Town has urged resident to have supporting evidence when property values and to keep in mind that unsubstantiated opinions of the value do not constitute a basis for an objection.

City’s Kylie Hatton says the best motivation would be to supply sales evidence of comparable sales. If no comparable sales data is available, owners should give good reasons as to why their property values are incorrect.

Hatton has warned owners to be wary of accepting unsubstantiated opinions of values.

“Objection forms that were not properly completed would be rejected, and those providing sales and other relevant data make the case much stronger.

“We take each complete objection form seriously, and will give it a full, fair examination. The objection process is important to us, as it helps us ensure our data is correct, said Hatton.

Comments

Popular Posts