Braemar Property Value Report: November-December 2014 (Courtyard Series)
It’s been a pretty mild winter in Bristow so far this year, and we can be thankful for that. While we’ve had snow storms, they have not been the kind with snow lingering for days or weeks…unless of course you have a north facing front yard like me. I’ll probably have random lumps of snow on my lawn in April or May.
With the last two months of 2014 behind us, let’s take a look back at the Braemar Courtyard home sales and see where our values ended. Of course, if you don’t know what a Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway and have extremely small outdoor spaces. Models include the Arlington, Clarendon and Ballston.
Two Braemar Courtyard homes sold, both Arlington models. One sold for $389,000, the other for $375,000. The average of both sales gives us our new average market value for Braemar Courtyard homes of $382,000. That is a 5.5% increase since last report, but a 1/2% decrease 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 an average of ninety-seven days. You could also expect a buyer to request an average of 1.5% of the sales price in closing cost assistance.
The next Braemar Property Value Report will be out in March and will detail sales from
January and February. Until then, when you are ready to sell 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. My favorite thing that happens there is reconnecting 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.)