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 812 residential sales between Jun 16, 2017 and Jun 15, 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
112% 117% 120%
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
52% 64% 72%
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
3% 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
16% 32% 43%
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
Jun 15, 2018 109 Laurel St, Harrisonburg, VA 22801 $232,000 $191,800 121%
Jun 14, 2018 861 Vine St, Harrisonburg, VA 22802 $134,000 $104,100 129%
Jun 14, 2018 252 Grant Rd, Mcgaheysville, VA 22840 $160,000 $118,400 135%
Jun 14, 2018 80 Stoneleigh Dr, Harrisonburg, VA 22801 $205,000 $145,800 141%
Jun 12, 2018 2221 Crystal Ln, Harrisonburg, VA 22801 $227,000 $202,900 112%
Jun 12, 2018 1342 Bradley Dr, Harrisonburg, VA 22801 $134,000 $76,800 174%
Jun 11, 2018 495 S Mason St, Harrisonburg, VA 22801 $415,000 $276,200 150%
Jun 11, 2018 213 Morningside Dr, Broadway, VA 22815 $191,000 $123,200 155%
Jun 11, 2018 480 Andergren Dr, Harrisonburg, VA 22801 $419,090 $458,800 91%
Jun 11, 2018 661 Wyndham Woods Cir, Harrisonburg, VA 22801 $289,500 $311,600 93%
Jun 11, 2018 1730 Park Lawn Dr, Harrisonburg, VA 22801 $247,500 $201,600 123%
Jun 11, 2018 575 Roadrunner St, Broadway, VA 22815 $297,000 $217,100 137%
Jun 11, 2018 242 Morningside Dr, Broadway, VA 22851 $230,000 $176,100 131%
Jun 11, 2018 121 Hollen Mill Ct, Bridgewater, VA 22812 $210,000 $204,000 103%
Jun 8, 2018 2872 Lanier Ln, Mcgaheysville, VA 22840 $249,000 $197,600 126%
Jun 8, 2018 6201 Artillery Rd, Port Republic, VA 24471 $320,500 $210,800 152%
Jun 7, 2018 17341 Starstone Dr, Broadway, VA 22815 $85,000 $82,000 104%
Jun 7, 2018 21601 Bennett Run Rd, Bergton, VA 22811 $295,000 $311,700 95%
Jun 7, 2018 7621 Falkland Rd, Port Republic, VA 24471 $317,000 $204,500 155%
Jun 7, 2018 444 N Main St, Timberville, VA 22853 $195,000 $131,100 149%
Jun 6, 2018 210 Tanager Ln, Elkton, VA 22827 $259,000 $216,900 119%
Jun 6, 2018 924 Oak Hill Dr, Harrisonburg, VA 22801 $379,000 $364,700 104%
Jun 5, 2018 2435 Avalon Woods Dr, Harrisonburg, VA 22801 $174,500 $133,900 130%
Jun 5, 2018 10795 Cannon Hill Dr, Broadway, VA 22815 $442,000 $375,400 118%
Jun 1, 2018 1670 Briarcrest Dr, Harrisonburg, VA 22801 $299,000 $240,800 124%
 
 

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