Braemar Townhouse Report: September-October 2014
It won’t be long until we are welcoming in a New Year in Braemar. Time flies. And when you spend your time looking back at Braemar sales to help buyers make offers, sellers find list prices, or to prepare this report, it feels like time is going by much faster.
In this Braemar Townhouse Report, we’ll go through what happened in September and October and how that shakes out in terms of average property value for Braemar townhouses.
There were seven Braemar townhouses that sold during September and October. Sold prices ranged from $242,500 to $319,000. The average of all seven gives us our new average market value for Braemar townhouses of $278,856. That’s nearly a 4% increase in average value since last report and over a 2% increase in average value since last year.
If you placed your Braemar townhouse on the market, priced to current conditions, you could expect your townhouse to be under contract in about one month. You could also expect a buyer to ask for an average of nearly 2% of the sales price in closing cost help.
The next Braemar Townhouse Report will be out in January and will detail sales from the last two months of 2014. Until then, enjoy this holiday season. And when 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!
Please feel free to join my neighborhood Facebook group, BRAEMAR (Bristow,VA.) I started the group to have an easy access point for these online Braemar Property Value Reports. However, you can start any neighborhood conversation you like to there. When neighbors talk, good things happen. My favorite being reuniting lost pets with their owners.
Chris Ann Cleland, Associate Broker-Licensed in VA
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)
NV Homes (single family homes built by NV Homes)
Ryan Homes (single family homes built by Ryan Homes)
Condo Quarterly (townhouse style condos)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)