Homeowners are puzzled and angry about what they say are low or inconsistent valuations from the Auckland Council.
Residents from Mission Bay to Takapuna have accused the council of under-valuing their properties and damaging resale chances.
But the council says that by last Thursday, it had received only 1009 objections to its 516,000 valuations.
Complaints against valuations have to be lodged in writing by December 16.
Lesley Opie, who lives at the end of Eversleigh Rd near Takapuna Grammar, was surprised at her valuation.
"The new valuations are a bit of a joke," she said.
"Our son lives up the road on the corner of Evans and Eversleigh Rds in a three-bedroom unit. Our house would be nearly twice the size, yet the valuation has our house $40,000 cheaper than his. Our land value went down and so did our neighbour's.
"The capital value of our house is $750,000. I won't complain though because if our value goes up then so will the rates. Problem with our area is that we have Navy houses nearby so not much sells in our area."
Brian Johnson has questioned valuations on three Auckland properties and says he is worried because people rely on CVs when setting prices.
He has been in touch with Quotable Value, which assisted the council, and had his fears dismissed.
"It frustrates me that QV tells me not to worry about the lower valuations as they are for council rates purposes only and aren't really a costing guide on the subject property.
"My argument is that the information is on public record and often purchased via their website by the public for the sole purpose of price guidance when property is being bought or sold.
"I have two residential properties. The Orakei one had a fractional increase and the Omaha one a fractional decrease.
"I also have a commercial property in Papatoetoe that got a decrease of 14.5 per cent from $1.25 million to $1.069 million which is the one I'm really unhappy with."
Bill Rayner's Cheltenham house near the waterfront has a valuation change from $1,250,000 to $1,275,000.
He was surprised that the land value dropped from $970,000 to $870,000 but the house valuation went from $280,000 to $405,000.
Judith Pohn of Mission Bay says her house is in good condition with no defects and she cannot fathom the valuation plunge from $690,000 to $550,000. She is now worried about her chances of selling for $734,000.
A Mt Eden homeowner also questioned valuations in her area.
"I wonder if the CVs for houses within close proximity to Eden Park had been artificially boosted by a temporary pre-World Cup increase in value.
"We live in the area and our CV has gone up $180,000. I have looked at other random houses in our street and other streets around Eden Park and the values all seem to have increased by similar amounts, yet houses in areas such as Mt Albert, Pt Chevalier and Orakei, similar distances from the city, have only gone up by around $50,000."
Another ratepayer wondered why homeowners complained.
"Surely they must be aware this will reduce rates and insurance costs."
What to do
Homeowners worried about new valuations can:
* Fill in an online form at aucklandcouncil.govt.nz - forms are also available at libraries, service centres and local board offices
*Call the council's revaluation team on 0800 874-060
*Object in writing before December 16
*Get an independent valuation from a registered valuer.