{"id":85204,"date":"2023-05-18T09:57:26","date_gmt":"2023-05-18T09:57:26","guid":{"rendered":"https:\/\/theoutlier.co.za\/?p=84568"},"modified":"2025-11-17T17:42:01","modified_gmt":"2025-11-17T17:42:01","slug":"what-you-need-to-know-about-property-valuations-in-joburg","status":"publish","type":"post","link":"https:\/\/outliereditor.co.za\/index.php\/2023\/05\/18\/what-you-need-to-know-about-property-valuations-in-joburg\/","title":{"rendered":"What you need to know about property valuations in Joburg"},"content":{"rendered":"\n

Property valuations are carried out by the City of Johannesburg every four years, and these determine how much you pay in property tax. <\/p>\n\n\n\n

Joburg homeowners will pay tax based on the new valuations from July, which is the start of the city’s financial year. The annual increase for property taxes will also come into effect, which is 2% for 2023\/4.<\/p>\n\n\n\n

Although two-thirds of Joburg\u2019s properties are residential, the rates paid on industrial and commercial buildings contribute more than half of the city\u2019s property tax.<\/p>\n\n\n\n

Property taxes make up 22% of Joburg\u2019s total revenue and are the second-biggest revenue earner for the city after electricity sales. The taxes are used for amenities like roads, public parks, libraries, clinics and recreation centres.<\/p>\n\n\n\n

Why should I care about my property valuation?<\/h3>\n\n\n\n

Not getting an accurate valuation can have financial implications. If the municipality overvalues your property by R200,000, you will pay almost R150 more a month in property taxes (based on property rates from 2023). Over four years, this would set you back R7,200 \u2013 and that\u2019s without any annual increases.<\/p>\n\n\n\n

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How is my property evaluated?<\/h3>\n\n\n\n

Computer research on sales of similar homes in your area, building plans, aerial photography and boundary lines are how the municipality assesses your property. The number of rooms, bathrooms, garages and amenities such as pools also play a role in how it is valued.<\/p>\n\n\n\n

Because evaluators don\u2019t physically visit houses, issues that may affect market value are not always taken into account. Something like rising damp would be a reason to object to the valuation of your home.<\/p>\n\n\n\n

How do I check the value of my property?<\/h3>\n\n\n\n

You can inspect the valuation roll on this City of Joburg website<\/a>. Fill in your township (read: suburb) and address, and you will be given the city’s valuation of your property. You can also find it on your municipal invoice under \u2018property rates\u2019.<\/p>\n\n\n\n

What to do if there is a problem<\/h3>\n\n\n\n

You can query the valuation with the city or raise an objection online<\/a>. You can also contact an organisation such as Rates Watch<\/a>, which will help you for a fee. If your challenge is successful, the re-evaluated figure will appear in a supplementary valuation roll.<\/p>\n\n\n\n

Who doesn\u2019t pay property tax?<\/h3>\n\n\n\n

Rebates and exemptions are set by the city in line with the Municipal Property Rates Act. Not all homeowners pay property taxes \u2013 and some pay less than others.<\/p>\n\n\n\n

In 2023 and 2024,<\/p>\n\n\n\n