Braemar Townhouse Report: January-February 2015

Braemar Townhouse Report:  January-February 2015

Having a Braemar townhouse listing during the snow storms, I know how glad all Braemar townhouse owners must be that the snow is behind us.  There’s nothing quite Braemar Townhouselike spending thirty minutes digging out your car from a common area space and coming back to see someone else enjoying the clear space.  Such is life in the winter in a townhouse.

Right now it is time for another Braemar Townhouse Report, looking back at sales during the first two months of year.  There were only four sales of Braemar townhouses in January and February, which actually kind of shocked me.  I think the brutal temps and crappy weather had many sellers waiting for spring.  However, of the four sales, the final sold prices ranged from $215,000 to $287,900.  The average of all four gives us our new average market value of Braemar townhouses of $258,825.  That’s on the low side for our neighborhood townhouses, but reflects the fact that our four sales were make up primarily of smaller townhouses.  That means the decrease in average market value of over 12% since last report and 15.5% since last year, are relatively meaningless.  We’ll probably see a spike in the next direction next report.

Braemar Townhouse Report:  January-February 2015

If you placed your Braemar townhouse on the market, based on current conditions, this report indicates it would be under contract in an average of two months.  Again, as someone who has recently listed and placed a Braemar townhouse under contract that seems out of whack with current reality.  This report also indicates you could expect a buyer to ask for an average of about 1.5% of the sales price in closing cost help.

The next Braemar Townhouse Report will be out in May and will detail sales from March and April. In the meantime, when you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home’s value.  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 Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037Braemar 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

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2015 (Ryan Homes)

Braemar Property Value Report:  January-February 2015 (Ryan Homes)

It’s spring break and I hope you are doing something fun with your family.  Me?  I’m doing what I’m always doing, keeping an eye on the Braemar, and overall Bristow, real This Ryan home is currently for sale for $499,000.estate market to be the best real estate agent I can be for my clients.  That also means compiling market reports.  This particular Braemar Property Value Report covers the first two months of 2015 and resales of homes in Braemar built by Ryan Homes.

There wree two Ryan homes that sold between January and February.  Their final sold prices were $445,500 and $510,000.  The average of the two gives us our new average market value for Ryan homes in Braemar of $477,750.  That means nearly a 9.5% increase in value since last report and an 18% increase in value since last year.  Because Ryan built some really large and some more modest sized homes in the neighborhood, the values can fluctuate quite a bit.

Braemar Property Value Report:  January-February 2015 (Ryan Homes)

If you placed your Ryan home on the market, priced to current conditions, you could expect it to be under contract in about two months.  You could also expect a buyer to request an average of 7/10th of 1% of the sales price in closing cost assistance.

Dinette/Morning Room in the Oberlin Model by Ryan HomesThe next Braemar Property Value Report will be out in May and will detail sales from the months of March and April. In the meantime, when you are ready to sell, call me for a free CMA of your home’s value in today’s marketplace.  No One Knows Braemar Better!

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037Come 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

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2015 (NV Homes)

Braemar Property Value Report:  January-February 2015 (NV Homes)

Even though not much is blooming, after the harsh winter we had, just having temps in the mid-50’s and low 60’s feels like spring in Braemar.  Right now, I’m keeping a watchful eye on a new tree I had planted at Brandenburg Model by NV Homesthe end of fall last year.  It’s either a late bloomer or the winter killed it.  Time will tell.

Right now, let’s take a look back at resales of NV Homes in Braemar for the first two months of the year in this edition of the Braemar Property Value Report.

There were three NV Homes that sold in Braemar during January and February.  Their final sold prices ranged from $439,000 to $574,000, which is a gap large enough to drive a truck through.  The average of all three sales gives us our new average market value of $499,633.  Unfortunately, because there were no sales of NV Homes last report rounding out 2014, and none in the first two months of 2014 last year, we have no basis for comparison.  However, it is a good sign that the larger single family homes in our community have been moving.

Braemar Property Value Report:  January-February 2015 (NV Homes)

If you placed your NV Home on the market in Braemar, priced to current conditions, you could expect it to be under contract in an average of about five weeks.  You could expect a buyer to request an average of about 3/10th of 1% of the sales price in closing cost help…which isn’t much.  When you look at the three sales, what happened was two of three gave no closing cost help and one seller gave $5,000.  Given those odds, you may have to pay closing costs at all.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  In the meantime, when you want to sell your NV Home, give me a call for a free market analysis of your home’s specific value.   No One Knows Braemar Better!

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037And 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

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2015 (Heritage Series)

Braemar Property Value Report:  January-February 2015 (Heritage Series)

Having one Yardley model on the market in Braemar at the beginning of the year, I’ve been paying particular attention to Heritage Series homes that come on the This Yardley model in Braemar is currently listed for $448,00.market.  Somewhere around the beginning of March, spring hit the sellers of these homes right in the gut and these homes were popping up everywhere.  For now, let’s take a look back at the first two months of the year in this Braemar Property Value Report and see what happened to Heritage Series home values.  Heritage Series homes, for those who may not be familiar, are the mid-sized single family homes, built by Brookfield Homes, with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly.

There were three Heritage Series homes that sold in Braemar during our reporting period of January and February.  One was a modest Exeter and the other two, larger Zachery models.  Their sold prices ranged from $419,000 to $457,000.  The average of all three sales gives us our new average market value for Braemar Heritage Series homes of $438,667.  This represents over a 1% loss in average value since last report, but an increase of 7/10th of 1% in average value since last year.

Braemar Property Value Report:  January-February 2015 (Heritage Series)

If you placed your Braemar Heritage Series home on the market, priced to reflect current conditions, you could expect it to be under contract in an average of two and a half 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 May and will detail sales from March and April.  Until then, when you are ready to sell, give me and call and let’s talk about the value of your specific Braemar home.  No One Knows Braemar Better!

Come join my own Braemar neighborhood Facebook group:  BRAEMAR (Bristow,VA.)  I started the group as an easy way to disseminate these property Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037reports, but you can start any neighborhood conversation you like there.  One of the best parts of the group is reuniting lost pets with their owners.

And if you know someone looking for a great Yardley, come check out this listing on Dunnegan Head’s pipe stem.

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2015 (Courtyard Series)

Braemar Property Value Report:  January-February 2015 (Courtyard Series)

While we’ve experienced some warming temperatures in Bristow with the onset of spring, we had a set back to the thirties today.  It reminds us of the winter not so far Ballston Model in Winterbehind us.  This Braemar Property Value Report will focus on sales in the winter months of January and February in the Courtyard Series.  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.

There were two Courtyard homes that sold in Braemar during the first two months of the year.  They were both Ballston models, but varied in the number of bedrooms and bathrooms.  The high sold price was $390,000, the low sold price was $369,000.  The average of the two gives us our new average market value for Braemar Courtyard homes of $379,500.  This marks a 7/10th of 1% decrease in average value since last report and a 4% decrease in average value since last year.

Braemar Property Value Report:  January-February 2015 (Courtyard Series)

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 under three months.  You could also expect a buyer to request an average of over 2.5% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will detail sales from
March and April. Until then, when you are ready to sell your Braemar home, give me a call and let’s get it done. 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 Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037the 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

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Values Report: January-February 2015 (Carriage Series)

Braemar Property Values Report:  January-February 2015 (Carriage Series)

To say that the spring real estate market hit way earlier than the actual spring season is an understatement.  When we hit January, it seemed the doors blew off the Braemar Carriage Home (Norwood Model)Braemar real estate market.  And the sellers that got out during the first two months of the year benefited.  In the edition of the Braemar Property Value Report we’ll take a look at the first two months of the year with respect to 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: MaplewoodNorwoodOakdale and Parkdale.

There were three sales of Braemar Carriage homes in January and February.  Two of the three sales were the larger Carriage homes–an Oakdale and a Parkdale.  The sales prices ranged from $257,500 to $389,300.  The average of all three sales gives us our new average market value of $377,600 for Braemar Carriage homes.  That is an increase in average value of over 12.5% since last report, but a decrease in average value of 1% since last year.  Of course, the increase we see since last report probably has more to do with only smaller Carriage homes selling last report.

Braemar Property Values Report:  January-February 2015 (Carriage Series)

If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect your home to be under contract in two weeks.  You could also expect a buyer to request an average of just under 1.5% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will detail sales from March and April. Until then, when you are ready to sell your Braemar Carriage home, give me a call.  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!

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037Feel 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

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2015 (Arista Series)

Braemar Property Value Report:  January-February 2015 (Arista Series)

It’s beginning to feel like spring finally in Braemar.  After the winter we had, with the Canterbury Model in Braemarbrutal temperatures and snow, I know we are all enjoying this time of year.  Let’s take one last look back at winter, the first two months of the year to be exact, and see how Arista Series fared in this edition of the Braemar Property Value Report.  Arista Series homes include the Allister, Buckingham and Canterbury models by Brookfield Homes.  These are the largest homes built by Brookfield in Braemar.

There were two Canterburys that sold.  They both boasted five bedrooms, four and a half bathrooms and fully finished walk up basements.  One sold for $542,000, the other sold for $555,000.  The average of them is our new average market value for Arista Series homes of $548,500.  Unfortunately, there were no sales of Arista Series homes last report or last year, so we have no comparisons for value recent or further back.  However, it is good news that two Canterburys sold during winter when clearly they didn’t last year at the same time, or even during November and December.

Braemar Property Value Report:  January-February 2015 (Arista Series)

If you placed your Allister, Buckingham or Canterbury on the market, priced to current conditions, you could expect it be under contract in an average of about three months.  You could also expect a buyer to ask for an average of 2% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will focus on homes sold in March and April.  Until then, when you are ready to sell your Braemar home, give me a call.  No One Knows Braemar Better!

And if you haven’t already, please join my Braemar Facebook group.  You can Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037find links to these reports and be involved in neighborhood conversations.

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)