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 797 residential sales between Oct 21, 2016 and Oct 20, 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% 113% 116%
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
42% 55% 64%
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
9% 11% 12%
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% 38%
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 20, 2017 840 Canterbury Ct, Harrisonburg, VA 22801 $398,500 $346,800 115%
Oct 20, 2017 110 E Weaver Ave, Harrisonburg, VA 22801 $340,000 $220,400 154%
Oct 19, 2017 21168 Mt Pleasant Rd, Elkton, VA 22827 $165,000 $120,800 137%
Oct 19, 2017 981 Mcgahey Ln, Mcgaheysville, VA 22840 $285,000 $233,300 122%
Oct 17, 2017 150 Eastview St, Dayton, VA 22821 $147,500 $116,000 127%
Oct 16, 2017 129 Center St, Timberville, VA 22853 $106,500 $94,900 112%
Oct 16, 2017 333 Old South High St, Harrisonburg, VA 22801 $61,000 $121,500 50%
Oct 16, 2017 109 Chipmunk Ct, Mcgaheysville, VA 22840 $256,000 $242,000 106%
Oct 13, 2017 1640 Boyers Rd, Harrisonburg, VA 22801 $240,000 $211,600 113%
Oct 13, 2017 110 Granny Smith Dr, Timberville, VA 22853 $134,000 $109,300 123%
Oct 13, 2017 1228 Old Windmill Cir, Harrisonburg, VA 22802 $145,000 $141,100 103%
Oct 12, 2017 1060 Dogwood Dr, Harrisonburg, VA 22801 $307,000 $285,800 107%
Oct 12, 2017 132 Olivia Dawn Ln, Broadway, VA 22815 $141,000 $121,600 116%
Oct 12, 2017 1126 Rockingham Dr, Harrisonburg, VA 22802 $266,000 $217,500 122%
Oct 11, 2017 212 Northview Dr, Dayton, VA 22821 $329,900 $254,500 130%
Oct 11, 2017 2341 Virginia Ave, Harrisonburg, VA 22802 $189,900 $197,500 96%
Oct 11, 2017 1409 Central Ave, Harrisonburg, VA 22801 $132,500 $146,000 91%
Oct 11, 2017 20542 Dovesville Rd, Bergton, VA 22811 $198,500 $196,000 101%
Oct 11, 2017 164 Bloomer Springs Rd, Mcgaheysville, VA 22840 $221,900 $173,800 128%
Oct 11, 2017 10621 Wentworth Dr, Broadway, VA 22815 $139,000 $120,400 115%
Oct 10, 2017 3432 Lawyer Rd, Mcgaheysville, VA 22840 $171,000 $72,900 235%
Oct 10, 2017 2370 Breckenridge Ct, Harrisonburg, VA 22801 $139,000 $120,600 115%
Oct 10, 2017 1141 Commercial Ct, Harrisonburg, VA 22802 $128,000 $100,700 127%
Oct 10, 2017 1640 Central Ave, Harrisonburg, VA 22801 $275,000 $241,300 114%
Oct 10, 2017 686 Tower St, Harrisonburg, VA 22802 $150,000 $132,300 113%
 
 

 
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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