 |
Winkens Architecture designed House |
The
media had a bit of fun with the address only based assessments. The Revenue
online interactive guide is based on
that.
To
access your properties worth, stay realistic. You are responsible for valuing
your house for the property tax.
If
your house is bigger and in better
condition to the house next door, it is worth more.
Pretend
you are selling your house, then you see
all the good points that your House has above your neighbours.
Make
a HOUSE VALUE FILE. Gather info to ascertain your true property value and keep it in that file. This will help you should the revenue doubt your valuation.
I
have gathered a few tools below to help you access your House value.
Taken
from the THE LOCAL PROPERTY TAX leaflet:
"VALUING YOUR PROPERTY
The market value of
the property will be based on self-assessment by the liable person.
Liable persons will
be required to self-assess the market value their property as at 1 May 2013 and
will
not be required to re-value their property for three years i.e. valuation
in 2013 will be valid up to and including
2016.
This will mean that
any additional work that is done to improve or renovate a property will not
alter the valuation of the property for LPT purposes up to 2016."
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MyHome
shows what properties sold for 2010 to 2013
Myhome property value
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Almost
depressing way to figure out what your property is worth.
For example - a house
purchased in 2000 for €175000 would be multiplied by 0.86 to arrive at an
estimated value in 2013 of €150,500
Price Change Estimation Table
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This
is the Daft.ie calculator which is quite good.
Daft calculator
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Revenue
online interactive guide (only):
Revenue valuation-guide
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Enter the Estimated Property Value to find
out your tax liability.
Local PropertyTax
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