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Christchurch ratepayers can question new property values

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Latest Christchurch News | Wednesday September 25 2013 8:20

Christchurch ratepayers can question new property values

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Christchurch ratepayers will have the chance to question their new property values.

More than 160,000 properties will be revalued over the next few months by Quotable Values - in the first valuations done since the Canterbury earthquakes.

The revaluation method, set by the Government, will not take into account earthquake damage - it will assume damage is covered by an insurance claim and the repairs will return the property to its pre-quake status.

Council acting general manager corporate Services Diane Brandish says there will be chances for people to object to their new valuations.

"They will have an opportunity to object if they feel the revaluation isn't fair, but they won't be able to object ont he basis that the revaluation assumes that their earthquake damage has been repaired."

Ms Brandish says ratepayers will receive their valuations in March, and will start to take effect on rates from July.

Photo: Getty Images

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