Another Braemar Condo SOLD!!

Another Braemar Condo SOLD!!

This three bedroom, two and a half bathroom Braemar condo hit the market priced 10028 Lord Lovat Way,Sold for $240,000 on March 28, 2014at $240,000 on February 4, 2014.  It was only a matter of six days before it was under contract.  There were a ton of calls from interested buyers and plenty of showings.  There simply wasn’t anything on the market in Bristow priced below $250,000.

The road to settlement was a smooth one, and maybe a bit longer than most.  It was under contract on February 9th, but didn’t go to settlement until March 28th.  That’s almost two months.  However, it worked to the advantage of the Sellers who didn’t want to rent back and had the ability to buy their next home without selling this one first.  It also worked for the Buyers who were in a rental agreement that they could not break.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037On March 28th, this Braemar condo went to settlement for full list price of $240,000.  The Sellers agreed to give $3,100 in closing cost assistance to the Buyers and buy them a home warranty.  A happy ending for all involved.

If you have been thinking of selling your Braemar, give me a call for a free market analysis of your home’s value in today’s market.  I’ve been a full-time Braemar real estate agent and Braemar home owner since 2005.  I can get you top dollar for your home in the shortest period of time.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

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Braemar Property Value Report: January-February 2014 (NV Homes)

Braemar Property Value Report:  January-February 2014 (NV Homes)

Braemar was developed by Brookfield Homes.  As such, the majority of homes in the community are built by Brookfield.  However, NV Home in BraemarBrookfield did sell some of their lots to builders like NV Homes and Ryan Homes.  And by popular demand of the neighborhood, I had once again added the NV Home edition of the Braemar Property Value Report.

Unfortunately, there were no sales during the months of January or February of NV Homes in Braemar.  Same was true last report (November & December.)

Braemar Property Value Report:  January-February 2014 (NV Homes)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037For now, I would recommend that owners of NV Homes in Braemar look to the Arista Series Report for an idea of market value.  Those homes are similiar in size and when there is no information, at least that will give you an idea of value.  After all, those are the homes the appraisers would pull as comparable sales if you were selling your NV Home.

The next Braemar Property Value Report will be out in May.  Hopefully we’ll  have some NV Homes sales to discuss then.  If you want to sell your NV Home, give me a call for a free market analysis of your home’s specific value.   I’ve been a full-time real estate agent and Braemar home owner since 2005. 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 haven’t already, please join my new Braemar Facebook group.  You can find links to these reports and be involved in all kinds of neighborhood conversations.

Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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)

Ryan Homes (single family homes built by Ryan Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)

Braemar Property Value Report: January-February 2014 (Ryan Homes)

Braemar Property Value Report:  January-February 2014 (Ryan Homes)

We have passed the official beginning of spring, and yet there is a forecast of some snow for tomorrow in Bristow.  I know Braemar residents are sick of it, all except the kids.  We are all looking forward to more pleasant spring weather.  Of course, buyers and sellers in Bramear weren’t hibernating during the first two months of 2014, despite the brutal temps and snow storms.  In this Braemar Property Value Report we’ll see what happened with values in the single families built by Ryan Homes in Braemar.

Ryan Home in Braemar, Bristow, VAThere was one sale in the first two months of the year of a Ryan Home.  It was a Vandenburg model with four bedrooms, three and a half bathrooms and an unfinished, walkout basement.  It listed and sold for $405,000.  So that, being the only sale, is now the average market value for Ryan Homes.  This $405,000 average market value means over a 17% decrease in value since last report and over a 10% decrease in value since last year.  Is that real?  I really wouldn’t bank on it.  The buyer demand in Braemar for single family homes is far too intense for values to be falling.  This is just what happens when you take one sales price and compare it to averages of multiple sales.

http://activerain.com/blogsview/4312210/braemar-property-values-november-december-ryan-homes-

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037What we can get from this report is that if you placed your Ryan Home on the market, priced to current conditions, you could expect it to be under contract in about a month.  You could also expect a buyer to ask for a little over 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  Until then, 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.  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 where you find these reports posted, along with other neighborhood interaction, please join my new Braemar Facebook group.  

Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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)

Braemar Townhouse Report: January-February 2014

Braemar Townhouse Report:  January-February 2014

Sounds like we might have one more brush with old man winter before we enter an Braemar Garage Townhouse in Bristowuninterrupted spring.  The sneak preview of spring in Braemar has been quite nice the past several days.  Despite the miserably cold temperatures and snow storm after snow storm, Braemar buyers were out gobbling up townhouses in the neighborhood.  The lucky Braemar sellers that took advantage of the winter market are glad they did.  In this Braemar Townhouse Report, we’ll take a look back at the months of January and February and see what happened with Braemar townhouse values.

For starters, there were five townhouses that sold in Braemar during January and February.  They all had attached garages.  Maybe it’s coincidence, or maybe having a garage is more top of mind with buyers when they keep getting dumped on by snow storms.  The sold prices ranged from $294,000 to $315,000.  Their average gives us our new average market value for Braemar townhouses of $306,400.  That’s just over a 15% increase since last report and a 24% increase since last year.  More importantly, we have squarely gotten sold prices over the $300,000 mark, which seemed a ceiling for a long time.  Only one sale in this report was below that $300,000 mark.

Braemar Townhouse Report:  January-February 2014

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar townhouse on the market, priced to current conditions, you could expect it be under contract in an average of about one month.  You could also expect a buyer to ask for an average of  3/10th of 1% of the sales price in closing cost assistance.  Closing cost assistance is no longer the norm.  Only one seller out of five gave a buyer closing cost help.  Competition is fierce and buyers are having to drop asking for closing cost help to get a home.  This is definitely a seller’s market.

The next Braemar Townhouse Report will be out in May and will detail sales from the months of March and APril.  Until then, if you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home’s value.  I’ve been a Braemar home owner and full-time Bristow Real Estate Agent since 2005.  I can help you get your Braemar home sold quickly and for the maximum amount of money. 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

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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)

Ryan Homes (single family homes built by Ryan Homes)

Condo Quarterly (townhouse style condos)

Braemar Property Value Report: January-February 2014 (Heritage Series)

Braemar Property Value Report:  January-February 2014 (Heritage Series)

While out and about today, I heard someone say that Bristow is expecting another one to two feet of snow next week.  In my mind I envisioned a Melissa McCarthy Identity Thief style punch to the throat of the person telling me this.  Please, no Yardley in Braemar, Bristow, VAmore snow.  I think all of us are ready for spring.  The good news is that cold temps and snow storms didn’t keep Braemar buyers and sellers from doing business.

In this edition of the Braemar Property Value Report, we will look back at the first two months of 2014 and see how the Heritage Series homes in our neighborhood fared in value.  Heritage Series homes, for those who may not be familiar, 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 three Heritage Series homes that sold in the first two months of the year.  Two Yardleys and one Zachery.  The sold prices ranged from a low of $424,900 and a high of $447,500.  The average of all three gives us our new average market value of a Braemar Heritages home of $435,800.  That represents almost a 3% loss in average market value since last report, but more importantly, nearly an 8% increase since this time last year.

Braemar Property Value Report:  January-February 2014 (Heritage Series)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar Heritage Series home on the market, priced to current conditions, you could expect it to be under contract in an average of about two months.  You could also expect a buyer to ask for an average of about 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  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. 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

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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)

Braemar Property Value Report: January-February 2014 (Courtyard Series)

Braemar Property Value Report:  January-February 2014 (Courtyard Series)

One of the great things about a community like Braemar is the variety of houses available for buyers.  Granted, not enough of them are currently on the market to meet Arlington Model Courtyard Homebuyer demand, but there are many different home styles in our neighborhood.  This Braemar Property Value Report will focus on the first two months of 2014 in the Courtyard Series.  Braemar Courtyard homes are any one of three different models that share a private courtyard driveway and have very small yards.  Models include the Arlington, Ballston and Clarendon.

There were two Braemar Courtyard homes that sold during our reporting period.  Both were Arlington models.  This means they are the first two homes in the courtyard and face the street.  The high sold price was $405,000 and the low sold price was $385,000.  The average of the sales gives us a new average market value for Braemar Courtyard homes of $395,000.  That’s an increase of nearly 3% since last report and over a 19% increase since the same time last year.

Braemar Property Value Report:  January-February 2014 (Courtyard Series)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar Courtyard home on the market, priced to current conditions, this report indicates it would be under contract in an average of just over one week.  You could also expect a buyer to ask for an average of 2% of the sales price in closing cost help.  While these Courtyard homes often lose buyers to homes with yards, the lack of available homes for sale makes this a great time to sell a Courtyard home.

The next Braemar Property Value Report will be out in May and will detail sales from March and April. Until then, if you are thinking of selling your Braemar home, give me a call for a free market analysis.  I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  I can get your Braemar home sold as fast as possible, and for the most amount of money.  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 Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.netwww.SellingBraemar.com

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)

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)

Braemar Property Value Report: January-February 2014 (Carriage Series)

Braemar Property Value Report:  January-February 2014 (Carriage Series)

One of my favorite style of homes in Braemar are the Carriage homes.  Quaint is the word that comes to mind, particularly after a nice fresh snow.  And we’ve certainly had our Braemar Carriage Home (Norwood Model)fill of snow in Bristow this winter.  I know we are all ready for spring.  Of course, when we look at real estate values and try to glean where were are headed for spring, we look backwards.  And this Braemar Property Value is looking back to the first two months of 2014 in the Carriage Series.

Braemar Carriage homes, for those who may not know, are characterized by the lack of attached garage.  Rather, they have a detached garage, if they have 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 MaplewoodNorwoodOakdale and Parkdale.

It is always a special Braemar Property Report for me when I know I have sold one of the listings.  In this report, there were two Braemar Carriage homes that sold.  A three bedroom Norwood and a four bedroom Parkdale.  Though one was substantially larger (the Parkdale) there were only $7,000 separating them in sales price.  The Norwood sale at $378,000 (my listing) was the highest sold price for a three bedroom Braemar Carriage home since August 2007.  The average of the two sold prices gives us our new average market value for Braemar Carriage homes of $381,500.  That’s nearly a 9% increase in average value since last report and over a 26.5% increase since last year.

Braemar Property Value Report:  January-February 2014 (Carriage Series)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect it to be under contract in an average of eighteen days.  You could also expect a buyer to ask for an average of just over 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in May and will detail sales from March and April. 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 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

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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)

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)