Real Estate Investor Magazine South Africa March/April 2019 | Page 29

these suburbs are trickier to determine. Predicted increases in municipal values in elite suburbs and gated estates: In addition to this, ValueCheck has released predictions on the increase in municipal values expected in some of Cape Town’s most famous, high value suburbs and estates. The suburbs picture is quite mixed with Higgovale, Camps Bay and Bantry Bay amongst those likely to see punitive increases while Bishopscourt could get some relative relief. With respect to gated estates, High Constantia, V&A Waterfront Marina and Waters Edge Estate could see significant municipal value increases while many others including Silverhurst, the Water Club and St John’s Estate should see more modest increases. ValueCheck Director, Johan Cloete, a qualified professional valuer with extensive property valuation experience says: ‘ratepayers find the municipal rating process confusing and don’t know how to fix valuation errors. We believe that our approach will increase the transparency, efficiency in objection submissions and fairness of the general valuation process for both rate payers and municipalities.’ ‘It is important that objections are submitted during the objection period because it is much harder and slower to get your municipal valuation fixed once the objection period closes,’ he says. Visit www.valuecheck.co.za to get your free property valuation and a step by step guide on how to submit your objection. BRING YOUR BRAND TO THE FOREFRONT Sponsorship opportunities now available. Contact us at: [email protected] [phone]