Windhoek valuation roll open for inspection

WINDHOEK property owners can inspect the new interim valuation roll with assessment rates determined and set by the municipality.

The roll will be open for inspection at the Windhoek municipal offices until October 22, says Ndangi Katoma, Corporate Communications Manager at the City of Windhoek. Any property owner who is not satisfied with the valuation of his or her property, can lodge an objection until October 22 at the municipal offices.Although the five-year valuation roll was completed in 2005 and was valid for five years, the assessment rates formula had to be adjusted, Katoma said.”Interim valuations are done to cater for newly built improvements, additions or existing improvements where rezoning or subdivision took place or where mistakes were discovered at the five-yearly valuation roll.Braai areas, a thatched roof, a garage or swimming pool added are also regarded as improvements.”The building cost rates and land rates per square metre used are similar to those used during the 2005 general valuation roll.”Any property owner who is not satisfied with the valuation of his or her property, can lodge an objection until October 22 at the municipal offices.Although the five-year valuation roll was completed in 2005 and was valid for five years, the assessment rates formula had to be adjusted, Katoma said.”Interim valuations are done to cater for newly built improvements, additions or existing improvements where rezoning or subdivision took place or where mistakes were discovered at the five-yearly valuation roll.Braai areas, a thatched roof, a garage or swimming pool added are also regarded as improvements.”The building cost rates and land rates per square metre used are similar to those used during the 2005 general valuation roll.”