Braemar Property Value Report: November-December 2014 (Carriage Series)
The perfect accent to a Braemar Carriage home is a nice dusting of snow. Nothing makes these homes look more quaint than snow. So far this winter, we’ve had three dustings that gives our Braemar Carriage homes that complete their Christmas tree village look. It was actually December 2004 when my husband and I drove through Braemar, and the quaint factor of the Carriage homes, had us ready to move.
This Braemar Property Value Reports delves into the last two months of real estate activity for Braemar Carriage homes. Carriage homes are characterized by the lack of an attached garage. Rather, if they have a garage at all, it is detached and sits in back of the home. The floor plans, from smallest to largest, are: Maplewood, Norwood, Oakdale and Parkdale.
There were three Braemar Carriage homes that sold in the last two months of 2014. Two of the three were three bedroom models. The high sold price was $395,000. That was a Parkdale model without a finished basement. The low sold price was $300,000 and was a Norwood model. The average of all the sales gives us our new average market value of $335,000. That’s a decrease of over 8% since last report and a 4.5% decrease since last year. This doesn’t concern me, as this report does have two smaller homes skewing the numbers.
If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect to be under contract in an average of nearly two months. You could also expect a buyer to request an average of 1.5% of the sales price in closing cost help.
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 Carriage home, give me a call for a free market analysis of your specific home’s value. I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005. I can get your Braemar home sold for the maximum amount of money in the shortest period of time. And most importantly…No One Knows Braemar Better!
Feel free to join my neighborhood Facebook group: BRAEMAR (Bristow, VA.) Here you will find links to these reports and my Braemar listings. And you can start any neighborhood conversation you like to there. Find babysitters, someone to mow the lawn, or help a lost pet find its way back home. Come join your neighbors!
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.)