Trying to sell your house but the rating value doesn’t reflect the current condition of the property?
Section 16 of the Rating Valuations Act provides for a new valuation to be undertaken at the request of the property owner.
Rating reviews are used mainly by property owners planning to sell their homes, who find that their rating valuation is much lower than it should be.
This is often because renovations and upgrading have been carried out, which have not required local council building consents. In these cases, QV will often not be aware that this work has been completed.
For a fee of $170-$200 including GST, one of our staff can inspect the property within five working days, then issue an updated valuation, taking account of the new work. This offer is subject to the property being of a residential nature and being within 25km from a QV office (located in most main centres).
Property owners that do not meet these criteria should ring us for a quote and response time.
Note: The effective valuation date may be up to three years old and any valuation amendment must be assessed retrospectively back to the last valuation date for the area. This means any market movement that has occurred since the last valuation cannot be incorporated in a new valuation. If you require your property valued at the current market valuation you should consider a Full Current Market Valuation.
If you would like an urgent RV review, please call 0800 QUOTABLE (0800 786-822) to arrange an appointment or complete an online request form here.
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