Sheer incompetence or daylight robbery?
Trudie Winsper writes by email: Despite submitting an objection to the new valuation of R750 000 on my property, a two-bedroom semi-detached on 121sq m of land, my latest rates account reflects this amount. This equates to a land value of R6 198.38 per square metre for a property which is situated in the middle …
Trudie Winsper writes by email:
Despite submitting an objection to the new valuation of R750 000 on my property, a two-bedroom semi-detached on 121sq m of land, my latest rates account reflects this amount.
This equates to a land value of R6 198.38 per square metre for a property which is situated in the middle of the drug lords and prostitutes who ply their trade in Western Extension and who the authorities do not seem to be able to eradicate.
The properties immediately across the road and adjacent have land values of between R900 and R1 200 per square metre.
Can someone please explain this huge discrepancy in land values for properties which are within 100m of each other?
The average selling price for a semi-detached over the past four years is ±R380 000.
Not surprisingly, I have never had a response to my official objection to the new rateable value.
Help please!
