{"id":53259,"date":"2023-08-28T21:09:44","date_gmt":"2023-08-28T21:09:44","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor"},"modified":"2023-08-28T22:32:38","modified_gmt":"2023-08-28T22:32:38","slug":"confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","title":{"rendered":"Confused by Joburg&#8217;s property valuations? Here are some tips from a councillor"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their properties.<\/p>\n<p>There was a valuation increase on the General Valuation Roll of 2023 (GVR23) and a 2% property rate increase, a double-edged sword for residents to navigate.<\/p>\n<p>The GVR23 is a document containing the information of all properties liable for rates within the boundaries of Johannesburg.<\/p>\n<p>Residents had 80 days to object at the beginning of the year.<\/p>\n<p>The City received 40 000 objections, around 6% of the 934 652 properties.<\/p>\n<p>According to Finance MMC Dada Morero, the City will have finalised the objections by mid-September.<\/p>\n<p>The Organisation Undoing Tax Abuse is conducting a survey, which asks residents to reveal any issues with the valuation increases.<\/p>\n<p>The Ward 117 councillor, Tim Truluck, is working with residents regarding the value of their properties.<\/p>\n<p>&#8220;This is my third Valuation Roll since becoming a councillor in 2011, and I have never seen so many rejections by the valuer,&#8221; Truluck said in a newsletter this month.&#8221;<\/p>\n<p>He added:<\/p>\n<p>Residents can receive a &#8220;Written Reasons of the Municipal Valuer&#8217;s Decision&#8221;, which comes at a price.<\/p>\n<p>On Monday, Truluck said he had received his &#8220;written reasons&#8221; outcome last week, after paying the R498 fee.<\/p>\n<p>&#8220;Initially, it seems to contain little useful info. But, on a closer reading, and some digging into what they were saying, I gleaned the following information.<\/p>\n<p>&#8220;They note that: &#8216;Kindly be advised that our valuation&#8230;is based on comparable sales method and these sales are in the vicinity of the subject property and are similar to the subject property&#8217;.&#8221;<\/p>\n<p>The City quantifies improvements to a stand by allocating weights and scores for the property, which are then compared to similar properties.<\/p>\n<p>This is called a &#8220;Weighted Gross Building Area (WGBA)&#8221;.<\/p>\n<p>The weight for the main house is 100%, a granny flat and garage 70%, domestic quarters 30% and a carport 15%.<\/p>\n<p>The area is calculated in square metres for the structures and multiplied by the weight for each to get the total.<\/p>\n<p>Truluck gave his WGBA as an example:<\/p>\n<p>Main Dwelling: 153m2 x 1 (100%) = 153<\/p>\n<p>Car Port: 100m2 x 0.15 = 15<\/p>\n<p>Granny Flat: 40m2 x 0.7 = 28<\/p>\n<p>Total: 196<\/p>\n<p>&#8220;The valuer then looked for sales of properties in Parkhurst [where Truluck lives] in the three years before 1 July 22 with a similar WGBA. There were 14 with a WGBA ranging from 153-200. They then calculated the average price of the 14 properties to get R3.14 million as my new valuation.&#8221;<\/p>\n<p>According to the councillor, the issue with the valuation is that the resident does not know the data for the 14 properties they used \u2013 &#8220;these could be incorrect&#8221;.<\/p>\n<p>He said it would be hard for a resident to argue for a reduction based on &#8220;things they cannot know about or see&#8221;, without professional help from a registered valuer.<\/p>\n<p>Truluck shared seven tips which he got from a professional valuer:<\/p>\n<p>The deputy director for the City&#8217;s rates policy department, Veli Hlophe, said the objection process had closed, but residents could lodge a Section 78 query, if they had issues.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-africa\">South-Africa<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their properties. There was a valuation increase on the General Valuation Roll of 2023 (GVR23) and a 2% property rate increase, a double-edged sword for residents to navigate. The GVR23 is a document [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":53257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,686,309,310,1732,1508,275],"class_list":["post-53259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-city-of-johannesburg","tag-gauteng","tag-johannesburg","tag-municipalities","tag-property","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Confused by Joburg&#039;s property valuations? Here are some tips from a councillor - South Africa<\/title>\n<meta name=\"description\" content=\"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Confused by Joburg&#039;s property valuations? Here are some tips from a councillor\" \/>\n<meta property=\"og:description\" content=\"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-28T21:09:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-28T22:32:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"724\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Confused by Joburg&#8217;s property valuations? Here are some tips from a councillor\",\"datePublished\":\"2023-08-28T21:09:44+00:00\",\"dateModified\":\"2023-08-28T22:32:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\"},\"wordCount\":517,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"city of johannesburg\",\"gauteng\",\"johannesburg\",\"municipalities\",\"property\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\",\"name\":\"Confused by Joburg's property valuations? Here are some tips from a councillor - South Africa\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg\",\"datePublished\":\"2023-08-28T21:09:44+00:00\",\"dateModified\":\"2023-08-28T22:32:38+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg\",\"width\":724,\"height\":483,\"caption\":\"Confused by Joburg's property valuations? Here are some tips from a councillor\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-africa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Confused by Joburg&#8217;s property valuations? Here are some tips from a councillor\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/\",\"name\":\"South Africa\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Confused by Joburg's property valuations? Here are some tips from a councillor - South Africa","description":"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","og_locale":"en_US","og_type":"article","og_title":"Confused by Joburg's property valuations? Here are some tips from a councillor","og_description":"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...","og_url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","og_site_name":"South Africa","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-08-28T21:09:44+00:00","article_modified_time":"2023-08-28T22:32:38+00:00","og_image":[{"width":724,"height":483,"url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Confused by Joburg&#8217;s property valuations? Here are some tips from a councillor","datePublished":"2023-08-28T21:09:44+00:00","dateModified":"2023-08-28T22:32:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor"},"wordCount":517,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg","keywords":["Africa Press","Africa Press-South-Africa","city of johannesburg","gauteng","johannesburg","municipalities","property","South-Africa"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor","name":"Confused by Joburg's property valuations? Here are some tips from a councillor - South Africa","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg","datePublished":"2023-08-28T21:09:44+00:00","dateModified":"2023-08-28T22:32:38+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"A Johannesburg councillor shared a list of pointers for confused residents on how to determine the new value of their pr ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#primaryimage","url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/08\/sm_1693245514.081102.jpg","width":724,"height":483,"caption":"Confused by Joburg's property valuations? Here are some tips from a councillor"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/confused-by-joburgs-property-valuations-here-are-some-tips-from-a-councillor#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-africa\/"},{"@type":"ListItem","position":2,"name":"Confused by Joburg&#8217;s property valuations? Here are some tips from a councillor"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-africa\/#website","url":"https:\/\/www.africa-press.net\/south-africa\/","name":"South Africa","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/53259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/comments?post=53259"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/53259\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media\/53257"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media?parent=53259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/categories?post=53259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/tags?post=53259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}