From the Revenue
website
Property valuation guidance will be available from 10 March 2013 and this will include an on-line guide that will
provide indicative property values. Revenue will not be valuing properties for LPT purposes.
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You will need to consider the specifics of your own property when using Revenue’s valuation guidelines. If you follow Revenue’s valuation guidelines honestly, we will accept your property value assessment. However, if you feel that the guidance is not indicating a reasonable valuation for your property, you should make your own assessment. You are responsible for ensuring that you choose the correct value band for your property. If Revenue has reason to believe that the amount you have declared on your Return does not reflect the market value of your property, we may raise an assessment for a different amount.