Braemar Property Value Report: September-October 2013 (Ryan Homes)
Following the value of single family homes built by Ryan Homes in Braemar is something that I have just started doing. The residents of the community spoke up our various Facebook pages and said they wanted a Ryan Homes report. Ta-dah! Here it is. This particular installment looks at Ryan Homes sold during September and October.
There were two Ryan Homes that sold in Braemar during the past two months. The high sold price was $495,000. The low sold price was $425,000. The average of the two gives us our average market value of $460,000 for Ryan Homes. That’s over a 13% increase in average market value since last report. And while I didn’t publish a report for this same reporting period last year, I did run the stats so I could give you a year to year comparison. This new average market value of $460,000 is nearly a 1.5% increase since last year.
If you placed your Ryan Home on the market, priced to current conditions in Braemar, you could expect it to be under contract in an average of just over three weeks. You could also expect a buyer to ask for nearly 1.5% of the sales price, on average, in closing cost help.
The next Braemar Property Value Report will be out in January and will detail sales from the last two months of 2013. If you want to know your specific home’s value in today’s marketplace, call me for your free market analysis. I’ve been a full-time real estate agent and Braemar home owner since 2005. In 2007, I also added the distinction of being a Short Sale Agent. No matter what your equity position, I can get you the most money in the shortest amount of time when you sell your Braemar home. No One Knows Braemar Better!
And if you want to be a member of a neighborhood Facebook group that will always allow links to these reports, please join my new Braemar Facebook group. You can start any neighborhood conversation you like to there, be it promoting your own local business or just chatting about neighborhood events.
Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®
Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)
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)
Carriage Series (smaller single family homes with detached garages, Brookfield Homes)
Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
NV Homes (single family homes built by NV Homes)
Townhouse Report (traditional townhouses with small back yards)
Condo Quarterly (townhouse style condos)