Understanding how rateable values are calculated and the objection process

Insights from Hoa at Quotable Value

If you’ve ever wondered how rateable values are calculated, why there can be large variances between market values and rateable values? This interview with Hoa Quan, the Wellington Manager of the valuation team at Quotable Value, is a must-listen.

In this insightful conversation, Hoa explains the intricacies of rateable values, how they are calculated, and the data that valuers like him rely on. Whether you’re a property owner or just interested in the process, Hoa’s detailed answers shed light on the critical factors that influence rateable values, from market rents to seismic ratings.

He also discusses how property owners can assist the valuers in calculating the rateable value, what to do if you think your property’s valuation is too high and the circumstances that can result in a valuation being done within the three yearly valuation dates.

With upcoming revaluations in areas like Upper Hutt and Lower Hutt, now is the perfect time to understand the process.

Tune into this episode to get Hoa’s expert take on what property owners need to know about their rateable values. You won’t want to miss it - listen now here: https://www.buzzsprout.com/2331539/episodes/16722965

Have questions or thoughts on rateable values? Listen to the interview and share your comments below.