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The ASSESSED VALUE of a property is the value assigned to the property by the local assessor's office, for the purpose of determining how much you will pay in taxes.

The MARKET VALUE of a property is the price at which a property would sell in the current market.

As shown above, properties in the City of Harrisonburg tend to sell for a bit less than their assessed value.....while properties in Rockingham County tend to sell for a bit more than their assessed value.

However -- there is a great deal of variance --- explore the data via...

HarrisonburgAssessments.com