If you don’t agree with the new value COJ has set for your house, you have from 20 February until 15h00 on 6 April 2018 to object.
You can object by going into one of their offices or do it online: https://coj2018.evaluations.co.za/eServices
You can submit some or all of these, if relevant, (either online or hand in):
- Photos of any defects in your property, servitudes, restrictions etc. that you think materially affect the value of your property
- A valuation report (it must be for July 2017)
- An estate agent’s estimate (it must be for July 2017)
- Recent sales of houses similar to yours in the same street, neighbourhood
- An offer to purchase that shows a lower amount than COJ has valued your property
- Any development or building close by that you think has reduced your property value
All new rates on this new valuation will be charged from 1 July 2018. Note that if after you have objected, an on-site inspection is done by COJ, it is possible that COJ could find that a higher value is justified in which case your valuation will increase not decrease.
For more info call: COJ call centre —087 365 3094
Statistics given by mayoral committee member, Funzela Ngobeni on the new property values:
- 4.61% of properties had decreased in value
- 40.71% – increased between 21% and 40%
- 30.65% – increased between 41% and 60%
- 8% – increased between 61% and 80%
- 2.2% – increased between 81% and 100%
- 3.38% – increased by more than 100%
Figures quoted in IOL online, 26 February 2018
If you want to read more about the COJ’s valuation policy read the document here.
COJ GV 2018 Handbook