Braemar Property Value Report: July-August 2014 (NV Homes)
September is nearly over and it is hard to believe. It feels like school started just last week. But with October waiting in the wings, it is time to start thinking of Halloween. Yesterday at Braemar Day, I was handing out trick-or-treat bags for the big day. If you weren’t able to get one for your little Braemar trick-or-treater, just send me an email and I’ll drop one off.
There were four NV Homes that sold during the months of July and August. Their final sales prices ranged from $464,000 to $620,000. That’s a wide range of pricing, but the average of all four sales gives us our new average market value for NV Homes of $529,975. While that represents over a 3.5% drecrease in value since last report, it is over a 2% increase in average value compared to last year.
If you placed your NV Home on the market, priced to current market conditions, you could expect it to be under contract in an average of one month. You could also expect a buyer to ask for an average of about 1/2 of 1% of the sales price in closing cost help.
The next Braemar Property Value Report will be out in November and will detail sales from the months of September and October. Until 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: BRAEMAR (Bristow,VA.) You can find links to these reports and be involved in all kinds of neighborhood conversations. My favorite happenings are when a lost pet is reunited with its owner.
Chris Ann Cleland, Associate Broker-Licensed in VA
Top Producing Agent 2013 & 2011
Long & Foster REALTORS®, Manassas 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)
Ryan Homes (single family homes built by Ryan Homes)
Townhouse Report (traditional townhouses with back yards)
Condo Quarterly (townhouse style condos)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)