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 774 residential sales between Dec 7, 2016 and Dec 6, 2017 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% 117%
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
44% 57% 65%
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
8% 10% 11%
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
13% 28% 39%
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
Dec 6, 2017 1213 Wordsworth Ct, Harrisonburg, VA 22802 $196,000 $175,700 112%
Dec 4, 2017 535 Viewmont Ct, Harrisonburg, VA 22802 $169,000 $176,100 96%
Dec 4, 2017 861 Blue Ridge Dr, Harrisonburg, VA 22802 $274,900 $197,300 139%
Dec 4, 2017 668 Tower St, Harrisonburg, VA 22801 $155,000 $133,200 116%
Dec 1, 2017 10041 Port Republic Rd, Port Republic, VA 24471 $260,250 $258,800 101%
Dec 1, 2017 3999 Cavalry Ln, Penn Laird, VA 22846 $315,000 $397,400 79%
Dec 1, 2017 9139 Centerville Rd, Bridgewater, VA 22812 $375,000 $293,000 128%
Dec 1, 2017 5132 Wengers Mill Rd, Linville, VA 22834 $226,500 $203,600 111%
Nov 30, 2017 268 Lincoln Ct, Timberville, VA 22853 $145,000 $121,100 120%
Nov 30, 2017 305 Rachel Dr, Penn Laird, VA 22846 $317,000 $268,800 118%
Nov 30, 2017 289 Elk Ln, Mcgaheysville, VA 22840 $220,000 $170,600 129%
Nov 30, 2017 3281 Lanier Ln, Mcgaheysville, VA 22840 $222,000 $209,000 106%
Nov 29, 2017 536 Viewmont Ct, Harrisonburg, VA 22802 $225,000 $187,700 120%
Nov 29, 2017 1155 Nelson Dr, Harrisonburg, VA 22801 $334,900 $424,100 79%
Nov 29, 2017 1066 Meadowlark Dr, Harrisonburg, VA 22802 $138,000 $123,700 112%
Nov 28, 2017 125 Main St, Dayton, VA 22821 $282,000 $184,300 153%
Nov 27, 2017 1191 Newtown Rd, Elkton, VA 22827 $60,500 $73,400 82%
Nov 27, 2017 102 Mcguffin Ave, Bridgewater, VA 22812 $260,000 $225,500 115%
Nov 27, 2017 252 Grant Rd, Mcgaheysville, VA 22840 $78,275 $118,400 66%
Nov 27, 2017 220 Mill St, Dayton, VA 22821 $227,500 $141,400 161%
Nov 27, 2017 319 Bruce St, Bridgewater, VA 22812 $209,750 $173,800 121%
Nov 27, 2017 194 Last Left Ln, Hinton, VA 22831 $153,000 $94,300 162%
Nov 24, 2017 117 Main St, Bridgewater, VA 22812 $235,000 $213,700 110%
Nov 22, 2017 1925 Mccall Dr, Dayton, VA 22821 $184,000 $123,100 149%
Nov 22, 2017 140 North St, Elkton, VA 22827 $37,500 $109,100 34%
 
 

 
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
 
© 2017 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 HarrisonburgInvestmentProperties.com HarrisonburgAssessments.com HarrisonburgTownhouses.com WalkThroughThisHome.com BestDealsInHarrisonburg.com HarrisonburgPropertyTransfers.com HarrisonburgForeclosures.com

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