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 830 residential sales between Oct 16, 2018 and Oct 15, 2019 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
119% 124% 127%
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
77% 79% 80%
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
4% 7% 9%
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
31% 50% 63%
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
Oct 15, 2019 132 Atlantic Ave, Broadway, VA 22815 $110,150 $79,000 139%
Oct 11, 2019 1225 Old Richmond Cir, Harrisonburg, VA 22802 $160,000 $160,600 100%
Oct 11, 2019 1076 Cherrybrook Dr, Harrisonburg, VA 22802 $173,500 $151,300 115%
Oct 10, 2019 300 11th St, Grottoes, VA 24441 $139,000 $112,200 124%
Oct 10, 2019 26 Conn Rd, Mcgaheysville, VA 22840 $200,000 $130,700 153%
Oct 8, 2019 911 Greendale Rd, Harrisonburg, VA 22801 $185,000 $216,900 85%
Oct 7, 2019 448 E Wolfe St, Harrisonburg, VA 22801 $176,500 $125,000 141%
Oct 7, 2019 168 Virginia Ave, Timberville, VA 22853 $187,900 $150,000 125%
Oct 4, 2019 35 Transom Ct, Mount Crawford, VA 22841 $325,000 $261,600 124%
Oct 4, 2019 1861 Manor Dr, Harrisonburg, VA 22801 $314,900 $252,500 125%
Oct 4, 2019 297 Turner Ave, Broadway, VA 22815 $256,000 $223,900 114%
Oct 4, 2019 905 Mockingbird Dr, Harrisonburg, VA 22802 $314,800 $272,000 116%
Oct 4, 2019 1383 Northampton Ct, Harrisonburg, VA 22801 $95,000 $102,400 93%
Oct 4, 2019 176 Blue Stone Hills Dr, Harrisonburg, VA 22801 $610,000 $503,400 121%
Oct 4, 2019 812 Greenbriar Dr, Harrisonburg, VA 22801 $378,500 $322,600 117%
Oct 3, 2019 7991 Port Republic Rd, Port Republic, VA 24471 $235,000 $202,600 116%
Oct 3, 2019 137 Boone Ct, Mcgaheysville, VA 22840 $177,000 $162,300 109%
Oct 2, 2019 13587 Timber Way, Broadway, VA 22815 $180,000 $132,900 135%
Oct 1, 2019 454 Crestover Dr, Broadway, VA 22815 $259,900 $175,300 148%
Oct 1, 2019 8638 Frank Lane Rd, Singers Glen, VA 22850 $135,000 $104,100 130%
Sep 30, 2019 3931 Dixie Ridge Run Rd, Penn Laird, VA 22846 $324,000 $264,000 123%
Sep 30, 2019 105 Willow Dr, Dayton, VA 22821 $290,000 $225,900 128%
Sep 30, 2019 1283 Bloomer Springs Rd, Mcgaheysville, VA 22840 $170,000 $151,700 112%
Sep 30, 2019 3729 Holsinger Rd, Broadway, VA 22815 $234,000 $182,200 128%
Sep 30, 2019 2384 Hopkins Dr, Mcgaheysville, VA 22840 $202,000 $169,400 119%
 
 

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