Tag: real estate values

Edward Garrison bought his home in Harrisonburg in 1997 for $180,000, and like many city residents, watched the property value steadily increase over the next two decades. By 2021, his home’s value increased by about $108,000 since the day he bought it, he said. Then, with home prices sharply spiking amid high demand, it took just two more years for the house’s value to jump by another $108,000.