Braemar Property Value Report: September-October 2017 (Carriage Series)

Braemar Property Value Report: September-October 2017 (Carriage Series)

The holiday decorations are popping up all over Braemar.  This is my favorite time of the year in Braemar.  Of course, this is the time of year my husband I fell in love with Braemar.  We were checking out the neighborhood one holiday night and were driving around Iona Sound.  The Carriage homes felt like homes you would find under a Christmas tree.  Still feel the same way today.  I love the Braemar Carriage homes.

This edition of the Braemar Property Value Report focuses on the sales of Carriage homes during the months of September and October.  In case you don’t know what defines a Braemar Carriage home, they are characterized by the lack of an attached garage. When these homes have a garage, 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 during our reporting period.  The details for these three sales are below.

When we take these sales and put them into our rolling six and twelve month values, what we find is this:

The short term sold prices are higher than the long term sold prices.  That means values for Braemar Carriage homes are still increasing!   Closing costs are a little higher in the short term, and unfortunately, so is marketing time.

If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect it to be under contract in about three weeks time.  You could also expect to pay about $5,000 in closing cost help to your buyer.

The next Braemar Property Value Report will be out in the new year.  Until then, when you are ready to sell your Braemar Carriage home, give me a call for a listing agent that is as knowledgeable as she is passionate about your home and the neighborhood.   Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

Advertisements

Braemar Property Value Report:  May-June 2017 (Carriage Series)

Braemar Property Value Report:  May-June 2017 (Carriage Series)

Happy Monday!  Did you know that Mondays are my favorite days of the week?  That hasn’t always been the case.  It wasn’t until I became a Bristow Real Estate Agent that I actually looked forward to the work week starting up again.   Funny what happens when you find what you were always meant to do.  For me, that’s sell homes.  And my favorite homes to sell are those in our neighborhood of Braemar.

What first attracted my husband and I to Braemar was the curb appeal of the Carriage homes.  I still remember vividly driving around Iona Sound Drive one evening in December when we were checking Braemar out.  Felt like a Christmas tree village had come to life.  Whenever it snows, I still feel that way about the Carriage homes.  The curb appeal is unreal.

In this edition of the Braemar Property Value Report we are going to look back to Carriage home sales in the months of May and June.  Braemar Carriage homes are characterized by the lack of an attached garage. When these homes have a garage, 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 sales of Carriage homes in Braemar in the last two months.  Their prices ranged from $389,900 to $415,000.

When we combine these most recent sales with our rolling six and twelve month values, we find the values are steady.  The difference between the twelve month median and the lower six month median sold price might indicate softening values, but when you consider that seven of out of ten sales in the last six months were three bedroom Carriage homes, vs. a healthier mix of three and four bedrooms that is present in the twelve month value, there is absolutely no reason for concern.

If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect it to be under contract in one to three weeks.  You could also expect to pay about $4,500 to $5,500 in closing cost help to your buyer.

The next Braemar Property Value Report will be out in late September.  Until then, if you want to know how these most recent sales have affected your specific home’s value, give me a call at 703-402-0037.  That’s what I’m here for.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com 

Braemar Parkdale Carriage Home Sold in One Day!

Braemar Parkdale Carriage Home Sold in One Day!

On Valentines’ Day 2017 I listed 9758 Tombreck Court, a Parkdale with four bedrooms, three and a half bathrooms at the end of a cul-de-sac.  The Seller and I had discussed pricing the home and landed on $420,000.  It was a tad higher than the recent comparable sales, but since there was a shortage of available houses for sale, we decided to go for it.

To prep the home, the seller had it painted inside and out, new carpet installed and the siding power washed.  And because it was vacant, I did a little bit of light staging to warm it up and make it feel homey.  It didn’t have a lot of upgrades, but it had three finished levels in good shape, a detached garage and most importantly, that cul-de-sac lot.

The first day on the market, we had four offers.  So on February 15th, we reviewed what we had.  Two of the offers had home sale contingencies.  One of those buyers was under contract, the other hadn’t even put their home on the market.  The choice to the Another, without a home sale, really didn’t offer a competitive price.  The Seller, who wished to avoid any additional risk with the home sale, chose to go with the fourth offer that didn’t have anything but home inspection, radon inspection, appraisal and financing contingencies.  Those four are standard contingencies in our Braemar marketplace.

It was smooth sailing through the inspections and, because I was able to communicate the demand in the neighborhood and provide a list of updates down prior to listing to the appraiser (along with comps of course,) there wasn’t an apprasial issue either.

This four bedroom Parkdale model Carriage home sold for $425,000 on March 15th (2017.) 

When you are ready to sell your Braemar home, call me.  No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

Braemar Carriage Home Under Contract in One Day!

Braemar Carriage Home Under Contract in One Day!

9758 Tombreck Court went under contract in 4 days!!

It was just the other day that I told you about 9758 Tombreck Court, which hit the market on Valentine’s Day priced at $420,000.  Having listed 9450 Cromarty Court earlier in this month, I knew we were going to see a ton of traffic.  It was the four offers that rolled in within twenty-four hours of being listed that had me floored.  The biggest traffic days tend to be Friday, Saturday and Sunday.  We listed on a TUESDAY!

If there was ever a time to list to get maximum exposure to buyers and very little competiton, this is it.  

This one will go to settlement in mid-March, so stay tuned for the final sales price.  In the meantime, if you are ready to move up, down or out and need to sell, give me a call. Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037 Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com 

 

Braemar Carriage Home Under Contract in Eight Days!

Braemar Carriage Home Under Contract in Eight Days!

When I listed 9450 Cromarty Court on February 2nd (2017) I knew demand would be high, but I had no idea that the first Saturday on the market that my sellers, their two small 9450 Cromarty Court Under Contract in 8 Days (February 2017.)kids and two large dogs, would be exiled from their home ALL DAY.  After calling to check in on them that afternoon, I now have a great idea where sellers, with dogs in tow, can go when they need to be out of the house for showings.  Barrel Oak Winery, which is dog friendly, has great wine and terrific views.

Because the sellers did everything they needed to for listing preparation in terms of painting, carpeting, cleaning and de-cluttering, the house was show ready on Feb. 2nd.  And even on Super Bowl Sunday, they gave buyers space to look.  It’s not easy being a seller and being inconvenienced over and over.

After multiple buyers expressed interest, my sellers were under contract in only eight days. 

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037There are still plenty of buyers looking for Carriage homes in Braemar.  If you want to know how much you could expect yours to sell for, give me a call.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com 

Braemar Property Value Report: November-December 2016 (Carriage Series)

Braemar Property Value Report:  November-December 2016 (Carriage Series)

It is time for another Braemar Property Value Report.  This one focuses on the sales Braemar Carriage Home (Norwood Model)activity during the last two months of 2016 for Carriage Series homes in Braemar.  Braemar 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.

Since I began the Braemar Property Value Reports in July 2005, there has only been one reporting period where there were no sales of these extremely popular homes.  That reporting period was March-April 2012.  Now, for the second time in what is currently 70 reporting periods, we have hit a dry spell where absolutely no Braemar Carriage homes sold.

Braemar Property Value Report:  November-December 2016 (Carriage Series)

This doesn’t mean that if you need to sell your Braemar Carriage home that an experienced Braemar Real Estate Agent like myself can’t pull market comparables for you.  This report was really set up to keep you periodically apprised of your home values, just like you would a financial investment.  So for now, you can look back to last report for Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037the most recent interpretation of market value for Braemar Carriage homes.  Or if you want to see what was happening during the last two months of 2015, you can look back to last year.

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.  Since 2005, No One Knows Braemar Better!

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: September-October 2016 (Carriage Series)

Braemar Property Value Report:  September-October 2016 (Carriage Series)

It was another gorgeous fall day in Bristow today.  Who would expect it to feel like it was near seventy degrees in mid-November?  If you weren’t able to enjoy it, you will have a chance Braemar Carriage Hometomorrow.   Except for a few showers, it should be much the same.  For now, let’s get to what we’re here for–the latest news on Braemar Property Values.  This report will focus on the Carriage Series homes.  Braemar 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 during the months of September and October.  Two were Norwood models and one was a Parkdale.  Their sold prices ranged from $365,000 to $410,000.  The average of all three gives us our new average market value for Braemar Carriage homes of $391,667.   While this is just over a 1.5% decrease in average market value since last report, it is nearly a 4% increase in average market value since last year.

Braemar Property Value Report:  September-October 2016 (Carriage Series)

If you placed your Braemar Carriage home on the market priced to current conditions, you could expect it to be under contract in an average of twenty-six days.  You could also expect to give a little over 1% of the sales price (on average) in closing cost help for the buyer.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037The next Braemar Property Value Report will be out in January and will detail sales from November and December. Until then, when you are ready to sell your Braemar Carriage home, give me a call for a free market analysis.  Since 2005, No One Knows Braemar Better!

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.)