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Monday Jul 13, 2020

Cape Town municipal valuations 'highly questionable'

When the City of Cape Town issued revised property valuations last year, I lodged an objection to the 22% increase in the value.

It was absurd, in a stagnant, falling market, to contemplate property values increasing by that amount.

I objected, taking issue with the Canadian model used and the basis of comparing sales of properties within 10km of my house purely based on the number of rooms, bathrooms and erf size.

The basis used takes no account of the condition of the dwelling or the finishes. A house with goldplated taps will surely fetch more than one where the taps are falling apart. After some 18 months, the result of my objection was sent to me stating nothing more than the valuation stands.

I asked for reasons and was told nothing more than the sales nearby that were used to compare my property to. I then asked for the qualifications of the valuer and was refused this information, begging the question as to whether the valuer even went to school or had to do no more than achieve a 20% pass rate.

The point being that the many points raised in my objection were ignored and not even commented on, begging the question as to why bother objecting at all? Against the low inflation rate last year, if the value of the property increased by 22% then the previous valuation was also terribly wrong - even though the City uses the same model.

The system is flawed and it is time for a change in Cape Town. The DA-led City is failing its residents - just look at the way it handled the water crisis.

If an opposition party can’t get it together now, it never will.

The whole process is a whitewash for the City to milk its residents in order to pay excessive salaries to persons of seemingly dubious qualifications.

Why keep them secret?

Cape Times
10 Jul 2020




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