Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Auckland City Council - How Properties Are Valued

VALUATION 1999 - How property values are assessed.

Auckland City Council - City Scene
All properties in Auckland City (approximately 155,000) have been revalued and owners will receive notices of their new valuations in mid-November.

Auckland City and contracted valuers used a wide range of information to reassess the values, including:

What properties are selling and renting for in different areas:
* The demand to buy or rent property in different areas
* The type of property, for example whether it is a house, a factory or a shop
* The size of the property and its buildings, including their construction, for example whether they are brick, wood or concrete block
* Improvements made to the property since it was last valued such as the addition of a room, a swimming pool or garage.

Valuers will get this information from many sources, including:
* Recent sales in the neighbourhood
* Recent rentals in the neighbourhood
* Auckland City's building and subdivision consent registers
* Assessments of market trends
* Comprehensive data records held by Auckland City and previously by Valuation New Zealand>

Using all this information, registered valuers compiled a comprehensive file - including photographs and values - of "benchmark" properties.

The valuers then looked at every property in the City to see if it matched the information they had on file. They also compared it to the analysis of the "benchmark" properties, to establish if its value was higher or lower than the benchmark for that particular category of property and its location.

Q. How can you value my property when I have lived here for 28 years and have never been visited by a valuer?

A. Chattels are not assessed in the rating valuations. The interior finish is only one of the factors taken into account when valuing the property. Interior inspections are generally only done when major consent work is carried out. To inspect the interior of each property would be a major and expensive task which is not warranted. Most of what the Valuers need to know, they see from the street, or on property files at Auckland City. For these reasons valuers have not inspected the interior of each property to complete the valuation task.

Most of what valuers needed to know, they saw from the street, or on your property's file at Auckland City. If you are concerned that additions and alterations have not been included in your new valuation, you will have an opportunity to correct this after you receive your Valuation Notice. However, as long as a consent was obtained for any additions or alterations, the information that valuers needed to include such improvements in the new values will be on the property's file at Auckland City.

'City Scene' invites questions relating to valuations from readers. The questions and their answers will be published over coming weeks.

Please write to :
John May, PR manager, Auckland City
Private Bag 92516,
Wellesley St.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election