Braemar Property Value Report: September-October 2013 (Carriage Series)

Braemar Property Value Report:  September-October 2013 (Carriage Series)

Carriage homes are among my favorite in our community of Braemar.  To me, they look like homes that should be under a Christmas tree, adorned with snow.  And before you know it, we’ll be in those snowy months and that image of those snowy, quaint homes will be reality.  For now, let’s take a look back at the months of September and October and see how Braemar Carriage home values fared as summer ended and fall began.

Braemar Carriage homes are characterized by the lack of attached garage.  Rather, it has a detached garage, if it has one at all. Not all Carriage home buyers opted for the garage and instead, have a paved parking area in the rear of their home.  The models, from smallest to largest, include the Maplewood, Norwood, Oakdale and Parkdale.

There were three Carriage homes that sold during the past two months and their styles varied.  There was a Norwood, Oakdale and Parkdale that sold.  Their sold prices ranged from $350,000 to $378,000.  I’m happy to have been the Listing Agent of the Carriage home with the highest sold price.  Even though it was the only one without a finished basement and had basic finishes, it sold for more than a more upgraded competitor.  The average of all three sales gives us our new average market value for Braemar Carriage homes of $363,667.  That’s nearly a 3% increase since last report and a 14.5% increase since last year.

If placed your Braemar Carriage home on the market, priced to current conditions, this report indicates it would be under contract in an average of less than two weeks.  You could also expect that a buyer may ask for an average of less than 1% of the sales price 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. 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!

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®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com, www.NVARealEstate.net

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

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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)

NV Homes (single family homes built by NV Homes)

Ryan Homes (single family homes built by Ryan Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)