A Reasonable Next Question Is How Much More New Housing Should Harrisonburg Approve


A Reasonable Next Question Is How Much More New Housing Should Harrisonburg Approve
By Scott Rogers • September 23, 2024
These two stats create an interesting follow up question... 1. Over the past 3.5 years, the City of Harrisonburg has approved 2,866 new dwelling units. 2. Over the past 3.5 years only 25 of those dwellings have been built. The reasonable follow up question is... How Much More New Housing Should Harrisonburg Approve? In conversations, locally, I hear two very different opinions about the answer to that question... 1. The City should keep approving more housing developments so that hopefully, eventually, some of the housing will be built, as there is a shortage of housing in the City. 2. The City has approved so much housing over the past three (+) years that the City definitely shouldn't approve any additional housing. If or when some or all of this approved housing is built the City will have a population increase that will likely result in the need for more schools (and other infrastructure) and thus higher taxes. It will be interesting to see City planning staff's perspective on this, as well as that of the Planning Commission and City Council as future rezoning requests are proposed in the City to allow for additional residential developments. Receive Updates by Email Recent Articles: 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 Consider The Cost Of Your Planned Renovations When Planning Your Offer We Will Likely See Fewer New Listings Over The Next Few Months
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 21, 2024 (unless otherwise noted).
Comments (0) or Subscribe