Tag: market value

Pricing a home correctly from the outset is key to maximising returns and ensuring a smooth selling process. Setting the right asking price can mean the difference between a quick, successful sale and a prolonged listing. A listing that struggles to attract buyers can become problematic.

Are you thinking of buying property? It is a big investment and needs careful consideration. Once the finance is approved on your dream home, you need to be able to keep it safe along with the belongings housed within it as well.

Purchasing a property from a deceased estate is no ordinary property transaction. While there might be a great opportunity to buy a home at an attractive price, it’s essential to understand the complexities involved, including the possibility of prolonged waiting periods.

The South African Revenue Service (SARS) has been hinting at introducing a wealthy individual “specific asset” disclosure for some time – and it is finally here! As of the commencement of the 2023 Tax filing season, individuals holding assets valued at R50 million or more now need to provide a “high level” disclosure to SARS.

Determining the true market value of a home is about more than design, amenities, kerb appeal, location and size. While those are of course important elements of home valuations, they only paint half the picture for buyers and sellers looking to enter into property transactions.

City of Joburg and Cape Town property owners, time is running out – check the market value of your property. If you’re a ratepayer in Jozi or the Mother City, you may have heard that the deadlines for municipal valuation objections are looming.

City of Johannesburg’s property owners need to check the market value of their properties before 31 March – or they may end up overpaying. Municipalities publish a General Valuation Roll, every five years, that property owners can inspect and object to if the municipal value of their property is higher than the market value.

It’s been a busy time for the US dollar. On the one hand, it has featured heavily in commentary on the future of the global monetary system. On the other hand, it has surged in foreign exchange markets. In other words, even as many commentators question the future of the dollar as global reserve currency, participants in foreign exchange markets have scrambled to buy more dollars.

The 1975 Expropriation Act authorises the Minister of Public Works to expropriate property for public purposes, and provides for the payment of compensation to the dispossessed owner, not exceeding the property’s market price, determined either by agreement between government and the owner, or by a court.

Cryptocurrencies such as bitcoin are unlikely to become commonplace as tender for mergers and acquisitions. Increasingly, sellers want hard cash and are not opened to listed shares as a medium of exchange never mind bitcoin.