2010 City of Harrisonburg Real Estate Reassessment


2010 City of Harrisonburg Real Estate Reassessment
By Scott Rogers • November 25, 2009
The City of Harrisonburg has reassessed all real property as they do each year, and it appears that there wasn't a significant (overall) shift in assessments. Of the 12,000 parcels of real estate, nearly 8,700 had a change in their assessed value, with 3,100 of the values decreasing and roughly 5,600 increasing. That is to say..... 26% of city properties decreased in assessed value 27% of city properties saw no change in assessed value 47% of city properties increased in assessed value The median assessed value increased by $400, which equates to an annual increase of $2.36 in taxes. Yes folks, that's a 20-cent increase per month. If you don't believe your assessment is accurate, you can appeal the assessment starting the week of December 7th. Or you can express your frustration (or delight) in the comment section below. The bigger (MUCH BIGGER) news (or controversy) coming down the pike is the Rockingham County real estate reassessment coming in early 2010. These assessed values haven't adjusted in four years, so many people will likely see big increases in their tax bills despite feeling that they have seen no gain (or a loss) in value over the most recent few years. Stay tuned! Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
Comments (5) or Subscribe