Good News & Bad News: Downtown property values are on the rise


Good News & Bad News: Downtown property values are on the rise
By Scott Rogers • December 2, 2008
From the Daily News Record we learn that with the latest City assessment, the 173 parcels in the downtown business district had a median 25.22 percent increase in assessed value. That's great news for downtown property owners, as the value of their properties have increased --- but not so great news for those same owners from a property tax perspective. And from a larger perspective, I think it's terrific news, as it shows that downtown Harrisonburg is continuing to be a great place to live, work, eat, shop, play and more. Receive Updates by Email Recent Articles: Home Inspection Contingency Modifications Updates On Rezoning Proposals For Several Proposed Residential Communities Demand Is HIGH For Income Generating Properties Townhomes Now Under Construction In Phase Two of The Townes at Congers Creek Preston Lake Urgent Care Center Under Construction The Phoenix at Harrisonburg, A Senior Living Community, Viewed From Above Apartments That Look Like Townhouses Under Construction On Boyers Road Apartment Complex Under Construction On Boyers Road Preston Lake Apartments, A View From Above When The Absolutely Perfect House Hits The Market, Do Not Hesitate To Move Quickly
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 Dec 05, 2021 (unless otherwise noted).
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