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

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.