General property revaluations
A change in your property's capital value doesn't mean that your rates will automatically change. We will not know until the start of the new rates year (1 July) how your new property value will impact your rates - if at all. Find your property rates or valuation here.
Objecting to your valuation
If you disagree with your new valuation, you can object to the valuation of your property. To make an objection, you must be a ratepayer and provide a reason why you are objecting. You can object if you think the valuation is incorrect, but not because of the effect a valuation has on your rates.
It is important to remember that not all properties change value in the same way, and there are many factors that can affect the value of a property such as its location, size and age.
If you don't make an objection during this time, you will have to make a late objection. We accept late objections in special circumstances, such as if you are outside of the country during the objections period. We may ask for proof of your reason for the late objection, and can reject your late objection if you don't give us a valid reason for lateness.
Frequently asked questions
How are our Rating Values calculated?
Who does rating valuations?
If my local area has just had a rating revaluation, when will my new rating valuation start to apply?
How are property owners notified of new rating values once a council revaluation is complete?
What should I do if I disagree with the new rating value of my property?
What is the objection process?
Are there any time restrictions on making an objection?
How do I make an objection to my rating value?
I want my current Rating Valuation reviewed, but the objections period has passed. What should I do?
I've recently completed renovations on my property (that didn't require a building consent) and I want to make sure my local council (and Quotable Value) is aware of this before the next rating year. What should I do?
How are rating valuations different to full market valuations?
Rating Valuations are different as they reflect the likely selling price of a property (excluding chattels) at the time of your local council's last revaluation date. Whereas a full market valuation represents the valuation of the property on the date the property was inspected. Rating Valuations are also completed with the purpose of setting council rates.
A full market valuation will offer a more comprehensive assessment of the current market value of your property. With this service, a registered Valuer will visit your property and complete a full inspection of the property interior and exterior, as well as analysing recent sales in your area in order to provide you with the current valuation. They are completed to help guide property owners around the likely selling price of their property before it's put out to market.
I am about to sell my property and I want a good estimate of the market value of my property. What information is most suitable?
As described above, a full market valuation would provide the most accurate, comprehensive and up-to-date measure of your property's current value. QV offers this service to property owners across New Zealand.
A Rating Valuation is completed with the purpose of setting council rates although they can provide a good indication of the likely selling price as it was at the time of your local council's revaluation period.
I have re-roofed my property recently. Does my rating value need to be updated?
What happens if my real estate agent has told me that my rating value is too low and it should be updated?
Why is my rating valuation lower than my neighbours,
particularly as I have been inside their property and I think that mine is
What do I need to do if I have just completed an
extension to my property and would like my rating value to be updated?
What happens if I pay for a rating valuation review and my value doesn't change?