Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Monday, June 13, 2011
Thanks to Tom Barnum for pointing out this interesting contrast in values....

Location is Everything!

The two houses above seem relatively similar, right? 
  • House #1 features 2,020 SF and was built in 1940 for $244,900.
  • House #2 features 1,862 SF and was built in 1930 for $99,900.
WAIT A MINUTE!  How could there be a $145,000 difference in value here?

The value difference is at least partially based on location.  House #1 is located on Monument Avenue adjacent to Purcell Park in Harrisonburg.  House #2 is located on Main Street in Timberville.