Spike in Joburg property valuations irrational and unfair, attorney says

Many property owners have raised objections to the steep hike in property values in the City of Johannesburg.

The City released its new municipal valuations, with some homes and buildings apparently quadrupling in value.

The increased valuations will result in increased rates and taxes for property owners, explains property attorney Olga-May Musnitzky.

Read: Property owners have until April 6 to lodge evaluation objections

Musnitzky has criticised the City for inflating the valuations without inspecting the properties.

She says it's unfair that officials appear to have determined new property values based on property sales in certain areas.

It does seem rather strange that they've increased these evaluations virtually by double on many properties.

Olga-May Musnitzky, property attorney

On what rational basis has the council gone ahead and doubled many of these properties?

Olga-May Musnitzky, property attorney

They've obviously looked at some of the [property] sales in some of the areas. That's not fair to do that.

Olga-May Musnitzky, property attorney

They've gone a bit crazy. It's certainly going to increase the rates of many property owners. It seems very unfair, irrational at best.

Olga-May Musnitzky, property attorney

I think that everybody should protests. The City needs to be stopped in their tracks. There should be mass action.

Olga-May Musnitzky, property attorney

Meanwhile, many homeowners have reported struggling to lodge appeals on the City's online system.

Take a listen to the expert opinion:


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