Braemar Property Value Report: November-December 2013 (Heritage Series)
It is not a normal Bristow winter when twenty-three degrees is feeling warm. It feels like someone took our lovely community of Braemar and put it on an iceberg. Unfortunately, in the coming days, there seems to be no end in sight to our arctic chill.
Perhaps this Braemar Property Value Report will give you a distraction from the cold. It’s a look at sales of homes in the Heritage Series during the last two months of 2013. Heritage Series homes are the mid-sized single family homes, built by Brookfield Homes, with two car attached garages including the following floor plans: Exeter, Yardley, Zachery & Waverly.
There were two Yardleys that sold during the last two months of the year. The high sold price was $468,000 and the low sold price was $428,000. Averaging them out we get our new average market value for a Braemar Heritage Series home of $448,000. That number represents nearly a 3.5% increase since last report and a 5.5% increase since the same time period last year.
If you placed your Exeter, Yardley, Zachery or Waverly on the market, priced to current conditions, you could expect that it would be under contract in an average of just over one month. You may also not have to pay a dime in closing cost assistance to a buyer. As a seller, you have to love that!
The next Braemar Property Value Report will be out in March and will detail sales from the first two months of 2014. Until then, if you want to know your specific home’s value, 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)
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)