City of Cape Town – Check the Municipal Value of your Property Now!

Regarding our previous article, the 2015 General Municipal Valuation Roll is now open for inspection and the objection process will run from today, 19 February until 29 April 2016.

Log on to the City of Cape Town’s website, in order to view the revised value of your property: http://web1.capetown.gov.za/web1/GV2015/

The City makes use of a computer modelling program, Computer-assisted Mass Appraisal (CAMA) that uses sales data, aerial imagery and other property information (for example the  location, size, number of rooms, outbuildings, general condition, quality and view) to determine the value of a property.

If you are of the opinion that your property has been overvalued, contact Valuetec today, so that we can ascertain the market value of your property and prepare a valuation report in order to assist you and motivate the objection to the municipal valuation of your property. If your property is overvalued, you will be required to pay an inflated property rates expense every month, based on the inflated municipal value.

Valuetec is an independent Valuation Company with Professional Valuers registered with the South African Council for the Property Valuers Profession. We have offices in Cape Town and perform valuations in the Western Cape.

Contact us today, so that we can commence with your objection timeously and avoid the rush before the objection period closes.

0861 440 444
info@valuetec.co.za
www.valuetec.co.za

Read more about the 2015 General Valuation Roll here:
http://www.capetown.gov.za/propertyvaluations