Braemar Property Value Report: May-June 2012 (Carriage Series)
No matter what the season, the carriage homes in Braemar always seem to catch my eye. Especially the ones with the covered front porches. And they clearly catch the eyes of Bristow buyers because there has only been one two month period since the middle of 2005 when I started this report when no carriage homes sold.
A Braemar Carriage home is characterized by the lack of attached garage, but rather a detached garage. Not all Carriage homes opted for the garage, so some have a paved parking pad in the rear of the home. The models, from smallest to largest are Maplewood, Norwood, Oakdale and Parkdale.
For this installment of the Braemar Property Value Report, we saw four sales. Three were Maplewoods, one was an Oakdale. The high sale price was $365,000. The low sale price was $295,000. The average of all four sales was $327,500. While we have no way to know how it compares to last report since there were no sales, this does mean over a 5% increase since last year.
If you placed your Braemar Carriage home on the market, priced to current market conditions, you could expect it to be under contract in just over three weeks. You could also expect a buyer to ask for an average of nearly 1.5% in closing cost help.
The next Braemar Property Value Report will be out in September and will detail sales from July and August. Until then, if you are thinking of selling your Braemar Carriage home, give me a call for a free market analysis of your specific home’s value. I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005. I added the distinction of being a Short Sale Agent in 2007. No matter what your equity position, I can get your Braemar home sold for the maximum amount of money in the shortest period of time. And most importantly…No one knows Braemar better!
Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®
You can see the most recent property values in Braemar by clicking the links below:
Arista Series (large single family homes built by Brookfield Homes)
Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
Braemar Townhouse Report (no garage and garage townhouses)
Condo Quarterly (condos knowns as Barrhill at Inverness Village)