Supplementary Valuations

In certain circumstances, valuations must be performed between general valuations. These are known as supplementary valuations. They are required when properties are:

• Physically changed – eg. when buildings are altered, erected or demolished.
• Amalgamated, subdivided, portions sold off, rezoned or are affected by road construction.

Supplementary valuations are made when required, usually on a regular basis, such as quarterly or monthly.