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 787 residential sales between Apr 11, 2017 and Apr 10, 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
110% 116% 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
50% 62% 71%
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% 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
13% 30% 42%
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
Apr 10, 2018 , , VA $156,500 $152,100 103%
Apr 10, 2018 , , VA $228,000 $155,400 147%
Apr 10, 2018 , , VA $182,500 $139,100 131%
Apr 9, 2018 , , VA $180,000 $151,100 119%
Apr 9, 2018 , , VA $115,000 $121,700 94%
Apr 6, 2018 , , VA $240,101 $181,700 132%
Apr 6, 2018 , , VA $351,900 $319,700 110%
Apr 6, 2018 , , VA $609,900 $460,300 133%
Apr 6, 2018 , , VA $164,900 $117,500 140%
Apr 5, 2018 , , VA $301,500 $286,300 105%
Apr 5, 2018 , , VA $193,000 $126,900 152%
Apr 5, 2018 , , VA $164,500 $149,000 110%
Apr 4, 2018 , , VA $169,900 $153,400 111%
Apr 2, 2018 , , VA $213,362 $192,100 111%
Apr 2, 2018 , , VA $115,000 $225,100 51%
Apr 2, 2018 , , VA $396,000 $439,400 90%
Apr 2, 2018 , , VA $147,000 $145,300 101%
Apr 2, 2018 , , VA $195,000 $228,800 85%
Apr 2, 2018 , , VA $208,000 $130,400 160%
Apr 2, 2018 , , VA $162,500 $111,300 146%
Mar 31, 2018 , , VA $276,000 $220,300 125%
Mar 30, 2018 , , VA $144,500 $125,300 115%
Mar 30, 2018 , , VA $158,000 $141,500 112%
Mar 30, 2018 , , VA $425,000 $374,600 113%
 
 

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