Braemar Property Value Report: November-December 2015 (NV Homes)
What a difference one single day can make. I’m referring, of course, to the near fifty degree temperatures we enjoyed in Bristow today that provided a lot of melting for the snow accumulation left by Jonas. There is grass, mulch and asphalt under that snow and we saw that today. Hooray. In my giddiness about the melting snow, I nearly forgot to post this Braemar Property Value Report regarding the last two months of 2015 sales for NV Homes in our neighborhood. Simply put, NV Homes are the single family homes built by NV Homes in Braemar.
There were three NV Homes that sold in November and December. The low sold price was $380,000 (that’s not a typo) and the high sold price was $555,000. The average of all three gives us our new average market value of NV Homes in Braemar of $491,333. Unfortunately, we have nothing to compare that average with. There were no sales of NV Homes last report or last year.
If you placed your NV Home on the market, priced to current conditions in Braemar, you could expect it to be under contract in an average of fifty days. You could also expect to pay an average of nearly 1% of the sales price in buyer closing cost assistance.
The next Braemar Property Value Report will be out in late March and will detail sales from January and February. 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, Associate Broker-Licensed in VA
Long & Foster REALTORS®, Manassas VA
Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)