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 834 residential sales between Dec 14, 2018 and Dec 13, 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
121% 125% 128%
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
78% 80% 82%
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
2% 6% 8%
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
35% 52% 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
Dec 13, 2019 7816 Milnes Rd, Shenandoah, VA 22849 $210,000 $180,200 117%
Dec 10, 2019 193 Martin Ln, Mcgaheysville, VA 22840 $299,900 $223,300 134%
Dec 9, 2019 384 Walker Way, Timberville, VA 22853 $148,500 $109,800 135%
Dec 9, 2019 143 Quail Ct, Mcgaheysville, VA 22840 $243,500 $216,500 112%
Dec 6, 2019 532 Collicello St, Harrisonburg, VA 22802 $175,000 $147,000 119%
Dec 6, 2019 120 Stoneleigh Dr, Harrisonburg, VA 22801 $110,000 $170,000 65%
Dec 5, 2019 1341 Goldfinch Dr, Harrisonburg, VA 22802 $228,000 $168,900 135%
Dec 3, 2019 636 Wyndham Woods Cir, Harrisonburg, VA 22801 $440,000 $348,000 126%
Dec 3, 2019 5482 Williams Run Rd, Port Republic, VA 24471 $259,000 $226,600 114%
Dec 3, 2019 222 Runkle Ct, Mcgaheysville, VA 22840 $200,000 $146,000 137%
Dec 2, 2019 1931 Hawksbill Rd, Mcgaheysville, VA 22840 $323,000 $190,800 169%
Dec 2, 2019 200 Bridgeport Dr, Bridgewater, VA 22812 $319,000 $242,500 132%
Dec 2, 2019 817 Honeysuckle Ln, Harrisonburg, VA 22802 $284,000 $240,000 118%
Dec 2, 2019 507 Rill Rd, Timberville, VA 22853 $148,500 $113,500 131%
Dec 2, 2019 1438 Crawford Ave, Harrisonburg, VA 22801 $210,000 $156,400 134%
Dec 2, 2019 105 Round Hill Dr, Bridgewater, VA 22812 $279,000 $239,000 117%
Nov 29, 2019 301 19th St, Grottoes, VA 24441 $203,500 $134,800 151%
Nov 27, 2019 1203 Mountain View Dr, Harrisonburg, VA 22801 $146,900 $131,800 111%
Nov 27, 2019 580 Alleghany Ave, Harrisonburg, VA 22802 $255,000 $183,400 139%
Nov 27, 2019 110 Pope St, Bridgewater, VA 22812 $237,000 $190,400 124%
Nov 27, 2019 730 Camelot Ln, Harrisonburg, VA 22801 $159,500 $127,100 125%
Nov 27, 2019 8646 Sparkling Springs Rd, Singers Glen, VA 22850 $319,925 $264,900 121%
Nov 26, 2019 16070 North Mountain Rd, Broadway, VA 22815 $240,000 $351,300 68%
Nov 26, 2019 304 Broad St, Bridgewater, VA 22812 $271,000 $242,100 112%
Nov 26, 2019 289 Rainier Rd, Mcgaheysville, VA 22840 $229,000 $204,300 112%
 
 

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