New Rateable Valuations
The BOP Times lead article on Thurs claims "Property values leap 49%" Should have stated rateable valuations leap 49%.
Very misleading as selling values are still the same as the day before this ambiguous heading. Comparable recent sales over the last 6 mths are the best guideline, (as registered valuers use in their reports.)
Yes some homes will reach their new CV (rateable value) if selling but a high % will not.The main reason being there is no site inspection in the CV process - it is a mass computer average not allowing for the fact that each property is unique in its condition.
BOP Times very much in denial when I questioned their journalistic integrity over this article.
Riddle Me This, Neighbours! Bet You Can’t Guess It!
Sometimes narrow, sometimes wide, wind or rain, I stay outside.
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What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
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