Property information survey now open as revaluations kick off

Published: 19 May 2021

Commercial, industrial and farming property owners in the Ashburton District are being invited to complete a brief property information survey, as independent company, Quotable Value (QV) begins rating revaluations for the district.

QV, who is completing the revaluation on behalf of Ashburton District Council, has sent letters to these property owners with details about the survey, and responses are welcome until Friday 18 June.

Council Business Support Group Manager, Paul Brake says information collected in the survey will be used to determine a property’s value as accurately as possible.

“Urban property information is typically stored in Council records in the form of building or resource consents, but for farms or commercial and industrial properties, the breadth of improvements may not necessarily be captured in this way. That is why we need this information to be submitted.

“The online survey is a quick and easy way for QV to collect this data, and we encourage all property owners who receive this letter to please complete it on time,” he adds.

Rating revaluations are carried out once every three years and are used to work out property rates in the district.

The last Ashburton District revaluation was completed in 2018.

All property owners in the district will be posted their new valuation from 1 October 2021 and will have until the end of October to lodge an objection.

The revaluation will be effective from 1 July 2021 but will not be used for rating purposes until 1 July 2022.

Eligible property owners who have not received their survey invitation or have misplaced it can contact QV on 0800 786 822 or email revalsurvey@qv.co.nz.

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