Ever wondered how municipalities arrive at values for properties? Officials explain the process
Ever wondered how municipalities arrive at values for properties? Officials explain the process Share Property owners often have concerns about the municipal values placed on their investments, and this is no more evident than when the General Valuation Rolls are calculated. Home owners often appeal against their new values â on which their monthly rates bill will be based â some with justification and others without. But this can be a result of not understanding how the value was arrived at. The cities of Cape Town and Joburg share their valuation processes: City of Cape Town â...
Source: iol.co.za