Many municipalities across South Africa regularly update their general property valuation rolls, which determine the municipal rates you pay for the years ahead. These valuations are typically conducted using mass appraisal methods, often without physical inspections of individual properties.
While this approach improves efficiency, it can sometimes result in valuations that don’t accurately reflect true market value, property condition, location nuances, or recent sales trends. If left unchecked, an inflated valuation could mean higher rates and taxes for several years.
What homeowners should be aware of:
- New valuation rolls usually apply for three to four years at a time
- Municipalities provide a limited objection window to query or challenge valuations
- If no objection is lodged in time, the valuation is generally locked in for the duration of the cycle
- Successful objections must be supported by credible market evidence, not asking prices
Many homeowners miss this opportunity simply because they’re unsure whether their valuation is fair or how to assess it against the current market.
If you’d like clarity on your property’s true market value and whether your municipal valuation accurately reflects it, Pam Golding Properties can provide a professional market assessment and expert guidance to help you make informed decisions.
Contact Pam Golding Properties today to ensure your property valuation works for you — not against you.
