Property owners face deadline
PROPERTY owners have just one month to lodge an objection, if they disagree with their official property valuation, on which land tax and rates are based.
Although a higher valuation does not necessarily mean a rates rise, an above average increase probably does.
The valuations were conducted by the state Department of Environment and Resource Management.
People wishing to object have until May 28 to prepare and present their case.
The valuations do not take into account structural improvements to land such as buildings, pools and fencing.
Propell National Valuers CEO Bart Mead said property owners often faced a hard decision on whether to lodge an objection.
"In our experience, the majority of valuations are fairly accurate but there are exceptions.
"Property prices have fallen in many areas in recent years, which may contribute to some properties being overvalued.
"Property owners must weigh up potential savings in rates and land tax against the time and effort involved in contesting a valuation and the possibility of it being unsuccessful," he said.
Commercial valuer Jim Webster said those considering an objection may benefit from gaining advice from a suitably qualified property valuer.
He said a valuer could advise on the potential merits of an objection and potentially save the time, energy and cost of "a futile objection".
Mr Webster said a valuer could help compile an objection.
"When presenting an objection, having a valuer onside can lend significant credibility to your argument," he said.