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Over 4,000 New Homes Are Under Construction Or Being Planned In Harrisonburg, Rockingham County |
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From time to time I post information here on my blog about new neighborhoods or communities that are being developed. I thought it might be helpful to compile all of that information in one place. Here are the new communities where dirt is moving for a combined total of over 1,800 new homes...
Here are the new communities currently being planned with a combined total of over 2,300 new homes...
I have compiled an overview document that includes all of the communities listed above as well as...
You'll find all of this information by visiting HarrisonburgNewHomes.com. If you have information about other new communities not currently on my list, let me know. If you see something on my list that is incorrect -- please email me with additional information so that I can make the list more accurate. | |
Getting Ready To Sell? Focus On Neighborhood Sales Prices First! |
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If you will be selling your home this spring, you ought to start familiarizing yourself with which other homes are selling in your neighborhood, and at what prices. This will give you the most reasonable and accurate pricing expectations when we are then determining a target sales price for your home and setting a list price for your home. It is somewhat interesting to consider what other similar homes have sold for in very different neighborhoods but that will not likely be the primary factor in determining the value of your home. Start with sales in your neighborhood! If you live in a neighborhood the fastest way to get to this information is likely via HarrisonburgNeighborhoods.com where you can quickly dive into the home sales for your particular neighborhood, view interior photos of recently sold homes, look at longer term sales trends from the past five years, view current homes listed for sale and more. | |
Finding Townhouses For Sale In and Around Harrisonburg |
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It can be hard to find a townhouse for sale these days -- many of them are under contract within days or even hours of being listed for sale. So if you are a buyer looking to purchase a townhouse in or near Harrisonburg -- you should start thinking about the process sooner rather than later. Some first steps...
And here are a few resources you might find helpful...
Let me know if I can be of assistance to you as you start the search for the townhouse you hope to purchase in or around Harrisonburg. | |
Property Transfers in Harrisonburg, Rockingham County |
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Looking for information about recent property transfers in Harrisonburg and Rockingham County? Be sure to check out HarrisonburgPropertyTransfers.com. Of note...
You can also subscribe to receive these updates by email. Just complete the form at the top of HarrisonburgPropertyTransfers.com. | |
How To Be The First To Know About New Listings |
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The market is moving QUICKLY -- homes are often going under contract in a matter of days instead of weeks -- so it is essential that you know about new listings immediately when they hit the market. Most of my clients use NewListingsInHarrisonburg.com to keep track of new properties coming on the market in Harrisonburg and Rockingham County. You can quickly and easily scroll through the most recent residential listings in Harrisonburg and Rockingham County, view the pertinent details, all of the photographs of the home, an area map, and then quickly and easily share that new listing with a friend, your spouse, your Realtor, etc. You can also sign up to receive an email alert every time there is a new listing.... Check it out, at NewListingsInHarrisonburg.com. | |
A Map of Every Building in Harrisonburg and Rockingham County (and in America!) |
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Here's a fun/cool resource to check out in your free time... The New York Times published an online, interactive map of every building in the United States! Each building is represented by a black box spec on the map. Here's another, wider view of our area... Check out the actual article over at the New York Times for extensive analysis, commentary and other map examples. For example... "Where buildings are clustered together, in downtowns, the image is darker, dense. As suburbs stretch out with their larger lawns and malls, the map grows lighter. Your eye can follow the ways that development conforms to landscape features like water and slopes." Oh, and here's the entire country... Find the full article and commentary over at the NY Times here... | |
Determining An Offering Price on a Property in a Neighborhood |
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How does one determine an offering price in a neighborhood? Start 5% below asking price? Start at the tax assessed value? Start at the price the seller paid, adjusted per market changes since that time? Start $1K lower than the list price for every day it's been on the market? Start at full price if it's a new listing and you think it will sell quickly? Many or all of these strategies are likely to lead you astray. In theory -- you should be willing to pay approximately the same price as other buyers have paid for approximately similar homes in the recent past. For example....
When you then are considering a new listing of a 3 BR, 2 BA, 1800 SF, circa 2000 home -- it would seem reasonable to think that you'd likely pay between $245K and $255K. Of course, there are a variety of other extenuating factors that can affect this pricing:
So -- how does one best research what homes are selling, and at what prices? I'll remind you of -- HarrisonburgNeighborhoods.com. On this handy new website, among other things, you can find a three year history of the sales prices in each of 34 neighborhoods in and around Harrisonburg. I hope that HarrisonburgNeighborhoods.com continues to serve as a helpful resource to you as you research home values, monitor for new listings, and more. Don't forget -- you can sign up to receive email alerts of all new listings and recent sales in any of the 34 neighborhoods! | |
Introducing HarrisonburgNeighborhoods.com |
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Happy New Year! On this absurdly chilly morning, I'm excited to announce a brand new website that I hope you will find to be a helpful resource for you as you buy real estate, sell real estate, or study the real estate market.... HarrisonburgNeighborhoods.com On this new website, you can explore 34 neighborhoods in and surrounding Harrisonburg..... Here is an overview of the type of information you will find about each of these 34 neighborhoods.... First, an aerial view of each neighborhood.... Next, a statistical overview and analysis of the neighborhood.... Next, all active (and pending) listings in the neighborhood.... Next, all home sales from the past year, plus an option to look back even further.... And finally -- one of the most exciting features of this new website.... Indeed -- as shown above -- for any of the neighborhoods featured on this new website, you can sign up to receive email alerts of all new listings and home sales in the neighborhood. I recommend that you sign up to receive email alerts for the neighborhood in which you currently live -- as well as the neighborhood where you are considering a home purchase, if there is such a neighborhood. Oh, and yes, the new website is mobile friendly and will give you helpful info on the go as well.... So -- what are you waiting for -- go check it out at HarrisonburgNeighborhoods.com and let me know what questions you have or recommendations for further improvements. Here's to an exciting 2018! | |
Finding Multi Family Investment Properties in Harrisonburg, Rockingham County |
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Multi Family Properties can be a means to more quickly and simply make a larger investment purchase. Whether it is a duplex, triplex, quad, or a small apartment building, you will often be able to purchase these properties at a lower price per unit, and more quickly increase your total rental income as compared to purchasing one individual property at a time. HOWEVER - there are very few multi-family properties that are offered for sale in Harrisonburg and Rockingham County. A few tools for you if you are potentially interested in purchasing a multi-family property in this area. This one has been around for a bit.... Current Multi-Family Listings - bookmark this page on HarrisonburgInvestmentProperties.com to come back and review current multi-family listings at any time. This is the new one.... Email Alerts for New Multi-Family Listings - sign up to receive an email alert every time a new multi-family property is listed for sale in Harrisonburg or Rockingham County via the HRAR MLS. Enjoy -- and let me know if you have questions about multi-family properties, or real estate investing in general. | |
Zillow counts bathrooms rather generously |
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Zillow seems to be at least a somewhat frequently used reference for folks looking to buy homes in this area. Their data is usually (or at least "often") accurate -- though with some frequency there are some issues with their data. A funny one that I have only recently recognized is that the way they count bathrooms is a bit different than most buyers and sellers would count them. Basically, their main "4 Bedrooms, 4 Bathrooms" (for example) description does not necessarily mean that there are four full bathrooms. It could mean any of the following....
Right -- so -- when checking out homes on Zillow....
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Introducing JustSoldInHarrisonburg.com |
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If you like keeping up with everything happening in our local real estate market, I have just launched a new website that I think you'll enjoy. You can now visit JustSoldInHarrisonburg.com to keep track of every home being sold (via the MLS) in Harrisonburg and Rockingham County! Now you can quickly scroll through the most recent home sales in Harrisonburg and Rockingham County, viewing all sorts of interesting details, such as:
AND -- you can sign up to receive an email alert every time a home sells in Harrisonburg and Rockingham County. Click here to sign up for these email alerts. AND -- if you're looking for a specific home sale, or for home sales on a particular street, or for home sales in a particular neighborhood -- you can search on this new website.... AND -- you can add the website to the home screen of your phone if you'd like, for quick and easy access.... So -- check out this new website, JustSoldInHarrisonburg.com, sign up for the email alerts if you'd like, and let me know how I can make this website even more helpful for you as you seek to better understand our local real estate market. | |
With low inventory levels, it is crucial that you know about new listings FAST! |
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Most of my clients use NewListingsInHarrisonburg.com to keep track of new properties coming on the market in Harrisonburg and Rockingham County. You can quickly and easily scroll through the most recent residential listings in Harrisonburg and Rockingham County, view the pertinent details, all of the photographs of the home, an area map, and then quickly and easily share that new listing with a friend, your spouse, your Realtor, etc. You can also sign up to receive an email alert every time there is a new listing.... And, finally, you can add the website to the home screen if you'd like, for quick and easy access.... Check it out, at NewListingsInHarrisonburg.com. | |
Out of Date Foreclosure Data on Zillow |
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The property above looks like a great opportunity, doesn't it? A townhouse at Taylor Spring (median price = $189,250) that is a foreclosure and can be purchased for $146,473? I have had numerous calls about this property over the past few weeks -- and there is only one problem.... The property was foreclosed on back in 2013 (four years ago), then purchased by the current property owner for $172,000, and is NOT for sale -- for $146K or any other price. So -- don't be fooled -- if a property is listed as a foreclosure on Zillow, it very likely was a foreclosed property at some point in the past, perhaps years ago, but chances are it is NOT for sale, and NOT purchasable for the price listed on the property page on Zillow. If you have a question about information on Zillow that does not seem to be accurate, feel free to touch base with me to see if we can confirm or deny that information. | |
Monitor New Real Estate Listings via Twitter |
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Are you a Twitter user? If so, you can keep up with new residential real estate listings in the Harrisonburg and Rockingham County area by following @NewListHburg. So, yes, per many of your requests, there are now LOTS of ways to keep track of new listings in this area.... 1. NewListingsInHarrisonburg.com - this is a mobile friendly website, and you can add a shortcut to your home screen on your phone. 2. New Listings by Email - every time there is a new listing, you'll get an alert by email. 3. New Listings via RSS - for those RSS feed readers among you. 4. New Listings via Twitter - tweet, tweet. I expect this to be a fast moving Spring and Summer real estate market -- so now (with the options above) there is no excuse for not keeping up with new listings for sale if you are in the market to buy this year. If you have further recommendations (carrier pigeon?) for ways to keep up with new listings, just let me know. | |
Prepare for Spring by Signing Up For New Listing Alerts |
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Inventory levels may be quite low right now, but we will start to see more and more homes coming on the market in the next few months. If you are in the market to buy a home this Spring, start watching for what is coming on the market using NewListingsInHarrisonburg.com. On NewListingsInHarrisonburg.com you can quickly and easily scroll through the most recent residential listings in Harrisonburg and Rockingham County, view the pertinent details, all of the photographs of the home, an area map, and then quickly and easily share that new listing with a friend, your spouse, your Realtor, etc. You can also sign up to receive an email alert every time there is a new listing.... And, finally, you can add the website to the home screen if you'd like, for quick and easy access.... If you have any questions about this website, or suggestions for improving it, just let me know. Until then, go check it out, at NewListingsInHarrisonburg.com. | |
Introducing NewListingsInHarrisonburg.com |
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Over the past few months, many of you have pointed out that none of the local real estate websites offer a quick and easy way to check on recent listings, particularly on your phone or tablet. That's where NewListingsInHarrisonburg.com comes into play.... Now you can quickly and easily scroll through the most recent residential listings in Harrisonburg and Rockingham County, view the pertinent details, all of the photographs of the home, an area map, and then quickly and easily share that new listing with a friend, your spouse, your Realtor, etc. You can also sign up to receive an email alert every time there is a new listing.... And, finally, you can add the website to the home screen if you'd like, for quick and easy access.... If you have any questions about this new website, or suggestions for improving it, just let me know. Until then, go check it out, at NewListingsInHarrisonburg.com. | |
Introducing SellingAHomeInHarrisonburg.com |
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If you are thinking about selling your home in Harrisonburg or Rockingham County, you now have another resource to use to learn about the best marketing strategies for successfully sell your home. Check out SellngAHomeInHarrisonburg.com where I offer an overview of these marketing strategies, to include....
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Introducing BuyingAHomeInHarrisonburg.com |
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If you are thinking about buying a home in Harrisonburg or Rockingham County, you now have another resource to use to learn about the home buying process. Check out BuyingAHomeInHarrisonburg.com where I offer an overview of the home buying process as well as information about....
Check out BuyingAHomeInHarrisonburg.com and let me know if you have any further questions about buying a home, or if you have ideas for how to make this an even more helpful resource for home buyers. | |
Multi Family Properties in Harrisonburg VA |
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As I was developing HarrisonburgInvestmentProperties.com, one of my editors commented -- "Multi Family Properties? We don't have have Multi Family Properties in Harrisonburg, do we?" In fact, we do. Sometimes it is a duplex (the whole thing, both sides), or a triplex, a quad, or a small apartment building. They do exist in Harrisonburg, and there are always a few for sale to consider. Check them out on HarrisonburgInvestmentProperties.com. | |
Introducing HarrisonburgInvestmentProperties.com |
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Many of my past clients have considered, or are considering, the purchase of an investment property in Harrisonburg as a means for diversifying their investments. Today, I launched a new website, HarrisonburgInvestmentProperties.com to provide an overview of your options if you are considering the purchase of an investment property in Harrisonburg, Virginia. This new website features investment properties in a number of categories, including.... On this new website you can explore a variety of communities where you might consider the purchase of an investment property, and explore useful information such as the pace and price of sales in the community.... ....a concise investment analysis of a sample property in the community.... ....specific details of recent sales in the community.... ....and much more, including properties currently for sale, and a neighborhood map. But that's not all! I am also releasing several tools I have built in Microsoft Excel to aid in your analysis of potential rental properties, including a mortgage calculator and two different investment analysis worksheets. Check out these analysis tools here. Whether you are preparing to buy your first rental property, or your 10th, I hope that this new website will serve as a helpful resource to you. If you have suggestions for further additions to the site please let me, and if you would like my assistance in evaluating and purchasing investment properties in Harrisonburg, please email me (scott@HarrisonburgHousingToday.com) to set up a time for a preliminary consultation. | |
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
Home Search
Housing Market Report
Harrisonburg Townhouses
Walk Through This Home
Investment Properties
Harrisonburg Foreclosures
Property Transfers
New Listings