Braemar Property Value Report: March-April 2014 (Courtyard Series)
It is Memorial Day weekend and the weather is gorgeous in Braemar. Got out for a walk in our neighborhood today and ended up helping a wayward elderly dog back home. He got out because the gate to the fenced yard was open. Oops! Remember to close your gates.
This Braemar Property Value Report will take a look back at March and April in the Courtyard Series sales. 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 was only one Braemar Courtyard home that sold between March and April. It was an Arlington model that listed for $405,000 and sold for $390,000. Taking that sold price and using it as our new average market value, average values were down over 1% since last report, but up 24% since last year.
If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect it to be under contract in about two months. You could also expect a buyer to ask for some closing cost assistance. This seller gave about 1/2% of the sales price in closing cost help to their buyer.
The next Braemar Property Value Report will be out in July and will detail sales from May and June. 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!
Feel free to join my neighborhood Facebook group, BRAEMAR (Bristow, VA.) You can start any neighborhood conversation you like to there. I started it as a place to easily spread the information from these property reports, but I love to see neighborhood interaction there.
Chris Ann Cleland, Associate Broker-Licensed in Virginia,
2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA
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)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)