- the likely price a property would sell for at valuation time (Capital value),
- the likely price that the land on its own would sell for at valuation time (Land value), and
- the value which the buildings and improvements have made to the land : that is, Capital – Land = Improvements value.
Marlborough District earthquake damage survey
QV is performing the rating revaluation of Marlborough District this year. Due to events of the recent Kaikoura earthquakes some properties may have unrepaired earthquake damage to the extent that it affects a property's value.
As part of the revaluation we are required to value all properties taking into account any earthquake damage. QV is using a range of options to gather information about unrepaired damage that has occurred to properties.
One way of gathering the information is an online survey, where people can enter the details about their earthquake damaged property.
Click here to complete the online survey, or click here to download a printable form you can complete and scan and email, or post back to QV.
See which councils are having a revaluation for rating purposes in 2017.