At the meeting room of St. Anne’s Parish in Old Lyme, three sets of French doors let in the light – what little there was on the rainy Friday morning – as four members of the senior center’s Art Works.
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Ever wondered how municipalities arrive at values for properties? Officials explain the process
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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 Louise Muller, director valuations
How does your municipality come to a propertyâs value? How are these values calculated?
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