Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
Harrisonburg Assessments
 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

Find the Assessed Value of Your Home
Harrisonburg Assessments

Assessed Value - the value assigned to a property by the local assessor's office, to determine how much you will pay in taxes.

Market Value - the price for which a property would sell in the current real estate market.

The Assessed Value of your home is not necessarily equal to the Market Value of your home.

Find the Assessed Value of Your Home

To better understand this relationship, let's compare ACTUAL SALES PRICES to ASSESSED VALUES in Harrisonburg and Rockingham County....

Assessed Values vs. Actual Sales Prices
Analysis based on 776 residential sales between Jan 17, 2017 and Jan 16, 2018 in the City of Harrisonburg and Rockingham County as reported in the HRAR MLS

THE BIG PICTURE
properties in the   properties in
CITY OF HARRISONBURG ALL PROPERTIES ROCKINGHAM COUNTY
sell for an average of sell for an average of sell for an average of
109% 114% 118%
of their assessed value of their assessed value of their assessed value
 

BUT SOME PROPERTIES SELL FOR AT LEAST 10% MORE THAN THEIR ASSESSED VALUE
45% 58% 66%
of properties in the of of properties in
CITY OF HARRISONBURG ALL PROPERTIES ROCKINGHAM COUNTY
sold for at least 10% more than sold for at least 10% more than sold for at least 10% more than
their assessed value their assessed value their assessed value
 

BUT SOME PROPERTIES SELL FOR AT LEAST 10% LESS THAN THEIR ASSESSED VALUE
7% 9% 10%
of properties in the of of properties in
CITY OF HARRISONBURG ALL PROPERTIES ROCKINGHAM COUNTY
sold for less than 90% of sold for less than 90% of sold for less than 90% of
their assessed value their assessed value their assessed value
 

AND SOMETIMES THINGS GET REALLY WACKY
12% 29% 40%
of properties in the of of properties in
CITY OF HARRISONBURG ALL PROPERTIES ROCKINGHAM COUNTY
sold for at least sold for at least sold for at least
25% more or less than 25% more or less than 25% more or less than
their assessed value their assessed value their assessed value
 

JUST FOR FUN, LET'S EXAMINE SOME RECENT SALES
     
 
Sales Date Address Sales Price Assessed Value Price / Value
Jan 16, 2018 181 Emerald Dr, Harrisonburg, VA 22801 $165,000 $150,900 109%
Jan 16, 2018 1037 Blue Ridge Dr, Harrisonburg, VA 22802 $147,000 $130,600 113%
Jan 16, 2018 232 Powell Pl, Mcgaheysville, VA 22840 $198,000 $178,900 111%
Jan 15, 2018 1748 Ashford Ct, Harrisonburg, VA 22802 $150,000 $141,200 106%
Jan 12, 2018 213 Kensington Dr, Elkton, VA 22827 $270,000 $263,900 102%
Jan 12, 2018 21 Cantermill Ln, Mount Crawford, VA 22841 $168,000 $153,000 110%
Jan 11, 2018 58 Easthampton Ct, Harrisonburg, VA 22801 $152,000 $137,700 110%
Jan 11, 2018 1521 Gilmer Cir, Harrisonburg, VA 22801 $282,500 $284,900 99%
Jan 11, 2018 176 Piney Ln, Mcgaheysville, VA 22840 $267,350 $221,600 121%
Jan 10, 2018 1427 Founders Way, Harrisonburg, VA 22802 $156,000 $137,700 113%
Jan 10, 2018 50 Confederacy Dr, Penn Laird, VA 22846 $279,900 $206,800 135%
Jan 10, 2018 1076 Cherrybrook Dr, Harrisonburg, VA 22802 $165,500 $151,300 109%
Jan 5, 2018 11980 Brocks Gap Rd, Fulks Run, VA 22830 $185,000 $153,100 121%
Jan 4, 2018 706 17th St, Grottoes, VA 24441 $224,900 $134,300 167%
Jan 3, 2018 176 Griffin Ln, Broadway, VA 22815 $120,500 $99,800 121%
Jan 3, 2018 260 Wilson Way, Mcgaheysville, VA 22840 $322,000 $290,600 111%
Dec 29, 2017 572 Longview Dr, Harrisonburg, VA 22802 $275,000 $245,500 112%
Dec 29, 2017 714 Greenbriar Dr, Harrisonburg, VA 22801 $272,000 $264,800 103%
Dec 29, 2017 303 Jackson Ave, Elkton, VA 22827 $197,500 $173,400 114%
Dec 29, 2017 2061 Buttonwood Ct, Harrisonburg, VA 22802 $207,500 $194,800 107%
Dec 29, 2017 111 Smith Ct, Mcgaheysville, VA 22840 $309,900 $256,100 121%
Dec 28, 2017 117 Rainier Rd, Mcgaheysville, VA 22840 $235,000 $205,800 114%
Dec 28, 2017 10290 Mcgaheysville Rd, Mcgaheysville, VA 22840 $70,000 $71,200 98%
Dec 28, 2017 540 Garbers Church Rd, Harrisonburg, VA 22801 $480,000 $491,700 98%
Dec 27, 2017 1298 Settlers Ln, Harrisonburg, VA 22802 $165,000 $155,300 106%
 
 

 
Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.

 
Site Content and Analysis provided by Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
 
© 2018 Scott P. Rogers, All Rights Reserved  •  IDX Data Managed By Funkhouser Real Estate Group  •  Licensed in the Commonwealth of Virginia
401 University Blvd Harrisonburg, VA 22801

 

Additional Harrisonburg Real Estate Resources....
BuyingAHomeInHarrisonburg.com SellingAHomeInHarrisonburg.com ScottPRogers.com HarrisonburgHousingMarket.com HarrisonburgHousingToday.com NewListingsInHarrisonburg.com JustSoldInHarrisonburg.com HarrisonburgPropertyTransfers.com HarrisonburgNeighborhoods.com HarrisonburgTownhouses.com HarrisonburgInvestmentProperties.com WalkThroughThisHome.com HarrisonburgAssessments.com BestDealsInHarrisonburg.com HarrisonburgForeclosures.com

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