Braemar Reflection Quarterly: January-March 2017 (1st Quarter)
The first quarter of 2017 is behind us, which means more Braemar market reports. This is the Braemar Reflection Quarterly, focusing on sales of the semi-attached homes located off of Tarvie Circle in New Castle Village. These homes are attached only at the garage, located in the back of the home.
It is no surprise that there have been no sales of a Reflection home in the first quarter. Just like Braemar Courtyard homes, these homes make up such a small percentage of home in the neighborhood that sales can be few and far between. And even going back one full year, from April 2016 to March 2017, there were only two sales during that time period. The are listed below:
9684 Tarvie Circle listed for $414,900 and sold for $404,900 on November 23, 2016
9688 Tarvie Circle listed for $449,900 and sold for $445,000 on May 25, 2016
The difference between the most recent sale in November and the one in May is simple. The one in May had an entirely finished basement, upgrades and even an additional two full bathrooms in the property. Give those difference, it seems the Reflection homes in Braemar are holding steady. In other words, if you have a lot of finished space with upgrades, you will sell for more than home with unfinished basements and more basic finishes.
The next Braemar Reflection Quarterly will be out in July. Maybe we’ll have a new sale to report then. Maybe not. If you’ve been thinking of selling your Braemar Reflection home, give me a call. Since 2005, No One Knows Better!
Associate Broker-Licensed in VA
Long & Foster REALTORS®, Manassas VA