Braemar Property Value Report: March-April 2014 (Ryan Series)
Ryan Homes built in Braemar have a lot of variety in size and finishes. There are very modest Ryan Homes in the neighborhood, very much like a Heritage Series home by Brookfield, and some grand ones that easily compete with Brookfield’s Arista Series and NV Homes. With that concept in mind, let’s take a look at the resales of Ryan Homes in Braemar for the months of March and April.
There were four Ryan Homes that sold during that time period. Their final sales prices ranged from $425,000 to $545,000. That’s a reflection of the size of the homes. We had some more modest Ryan Homes sell and some bigger ones. The average of all four gives us our new average market value for Ryan Homes in Braemar of $491,500. That’s over a 17.5% increase since last report, and looking back one year ago, it’s a 26% increase in value. Does that mean your Ryan Home has shot up 26% in value since last year? No. We are averaging all Ryan homes together. But given the demand in the Braemar market, I think it’s safe to say everyone in the neighborhood has had some very nice appreciation 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 less than a week—an average of 4 days to be exact. Single family homes in Braemar are in demand. You could also expect that a buyer may ask for an average of $1,850 in closing cost help.
The next Braemar Property Value Report will be out in July and will detail sales from May and June. 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!
Come join my new neighborhood Facebook group–BRAEMAR (Bristow, VA) where you will find links to this reports and other neighborhood discussions.
Chris Ann Cleland, Associate Broker-Licensed in VA
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)
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)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)