Christchurch City Council is undertaking its first post-quake revaluation of more than 160,000 city properties.
The earthquakes delayed a revaluation scheduled for 2010 and the Government gave the council permission to continue basing rates on 2007 property valuations.
This year's revaluation method, which was adopted by Cabinet on the recommendation of Land Information New Zealand, will treat the properties as if any earthquake damage has been repaired.
Christchurch City Council acting general manager corporate services, Diane Brandish, saya there have been considerable changes in property values across the city since 2007 and valuations need to more accurately reflect current circumstances.
Ratepayers will receive their new valuations in March and will have six weeks to lodge objections.
The new valuations won't have any effect on rates until 1 July 2014.
