Open Sunday, May 20th (2018,) 1pm-3pm: 12146 Millbill Court in Braemar

Open Sunday, May 20th (2018,) 1pm-3pm: 12146 Millbill Court in Braemar

Stop by 12146 Millbill Court on Sunday, May 20th between 1pm-3pm to see a gorgeous, move-in ready, cul-de-sac home in Braemar.   With three finished levels, including a walk out basement, and expansive outdoor living spaces, this home has so much to offer.  Virtually every thing in the home has been replaced in the last four years.

Whether you are looking to buy a Braemar home, or possibly list in the future and want to see how I represent my Braemar sellers, stop by this Sunday, May 20th between 1pm-3pm.

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

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Braemar Property Value Report: March-April 2018 (Arista Series)

Braemar Property Value Report: March-April 2018 (Arista Series)

In client conversations, we are already talking about the end of the school year.  That’s an important date on many buyer and seller timelines.  Hard to believe it is just around the corner.  The calendar seems to move much faster as you get older.  Nothing you can do about it, but enjoy every minute, every hour, every day.

When the calendar hit May, my Braemar real estate brain had an alarm sounding.  Time for more Braemar Property Value Reports.  A lot of Bristow real estate agents may occasionally update you on market conditions, but not me.  I’m your dedicated Braemar Real Estate Agent and I take keeping you apprised of your home’s value seriously.  I know if I don’t take my job seriously, I won’t be on your mind when it’s time to sell your Braemar home.  And while I’m great at market reports, I’m even better at selling Braemar homes.

This Braemar Property Value Report focuses on sales of the larger single family homes built by Brookfield Homes known as the Arista Series.  Floor plans in this series are the Allister, Buckingham and Canterbury.

Two Canterbury model homes sold during the months of March and April.  The details of those sales are listed below:

You can see that in black and white, these homes are not much different, even though the sold prices are vastly different.  The locations in the neighborhood are quite a bit different.  Lot can make a big impact on your home’s value.  So can professional marketing of your listing.  Even if you are lacking a desirable lot, professional marketing can bring you more money in that one and only chance you get to sell.

When we take these sales and put them with the rolling sales data for the last year, here’s what we find:

You can see the six month average and median sold price are both higher than the twelve month average and median sold price.  It may not be by leaps and bounds, but these homes are continuing to inch forward in value.  It’s not taking any less time to get under contract, but the closing cost help (seller subsidy) does seem to be coming down in the six month values.

 

 

If you placed your Braemar Arista Series home on the market, priced to current conditions, you could expect it to be under contract in as little as a month and a half.  You may also sell without having to pay much of anything in closing cost help.

The next Braemar Property Value Report will be out in July.  Until then, when you are ready to sell your Braemar home and need to maximize your profit, give me a call.  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

Braemar Open House, Sunday, March 25th (2018,) 12pm-2pm, 13802 Tartan Hills Parkway

Braemar Open House, Sunday, March 25th (2018,) 12pm-2pm, 13802 Tartan Hills Parkway

What’s a top Braemar listing agent do when they are having a light weekend?  Schedule an open house for one of their listings, of course!

Join me Sunday, March 25th (2018,) 12pm-2pm at 13802 Tartan Hills Parkway.  See what $419,000 buys you in the Braemar single family home market.  It’s probably a lot more than you expected.  Four bedrooms, two and a half bathrooms, an open main level floor plan, formal living and dining rooms and a two car detached garage on a rare corner lot.

Did I mention there is an unfinished basement that is framed and has a rough-in for a full bathroom?  Do with it what you want.  Home theater.  Exercise room. Game room.

Come by and see the potential at 13802 Tartan Hills Parkway on Sunday, March 25th (2018,) from 12pm-2pm.   I’ll be there to answer all of your questions.

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

Another Yardley in Braemar SOLD!!

Another Yardley in Braemar SOLD!!!

In my career as a Braemar Listing Agent, which began in 2005, I have listed and sold nine Yardley models.  That’s more homes than have sold so far in 2018 in Braemar.  And in case you are curious, as of right now there have been seven Braemar homes sold in 2018.  I’m happy to say I’m responsible for two of those sales.  Let me tell about 12366 Fife Ness Court, which sold today–January 31, 2018.

In the middle of September I was contacted by the owners who were looking for the right agent to sell their home.  There was a lot of trepidation on their part about timing.  Everyone always talks about the spring market.  No one talks about the year end market.  And that’s exactly the market they were going to be facing to list if they wanted to dove tail the sale of their Yardley before purchasing their new construction home, due to be complete in January.  It was my pleasure to put their minds at ease.

The year end market is a fantastic time to list.  We took a look at average days on market and made a plan to list in November.  The home hit the market on November 9th, priced at $489,000.  I knew this home was going to be eaten up by the market.  After all, I also had 12278 Scotts Mill Drive on the market around that time.  And having more than one buyer ready and willing to buy that one, it was great to be able to tell those agents that they could bring their buyers to 12366 Fife Ness Court. That’s an advantage of hiring a top agent in Braemar.  If you have a listing coming up, you can let buyer’s agents looking in that price range know.

After only eleven days on the market, this home was under contract.  The sellers were very pleased to see just how many buyers were out at the end of the year.  They were even more excited that the buyers that wrote on their home were willing to settle in late January.

This meticulously maintained four bedroom home went sold on January 31st (2018) for $485,000.  

When you are ready to sell your Braemar home, hiring a top Braemar listing agent is key to getting your home sold for the most money.  Call me and let me show you why 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

 

Braemar Townhouse Report: November-December 2017

Braemar Townhouse Report: November-December 2017

Probably the most concerning thing to a Braemar townhouse owner is trying to figure out who is the top Braemar real estate agent when it is time to sell.  A great place to start is finding one that knows the market, beyond cutting and pasting a market report that is so generic it applies as much to Sheffield Manor or Victory Lakes as much as it does to Braemar.  That’s certainly not my style.  Every two months, I’m here compiling the data for my Braemar Townhouse Report myself.  This particular report looks back to the sales activity to November and December.

For the purposes of this report, Braemar townhouses are not condos, patio homes or piggyback townhouses.  That means they are fee simple ownership, three level attached homes with back yards.  In other words, a traditional townhouse.

There were seven Braemar townhouses that sold in the last two months of 2017.  Their sold prices ranged from $277,128 to $354,900.  The details of each sale are listed below:

When we take these most recent Braemar townhouse sales and place them with our rolling six and twelve months values, what we find is the average sold price in the last six months is a little higher than that in the last twelve months.  However, the median sold price in the last six months is a little lower than that in the last twelve months.  A little high in one and a little low in the other is good indicator of stability in value.

Seller subsidy (closing cost assistance) is up in both the six month values compared to the twelve month values.  And marketing time (DOM) is up a bit in both the shorter term values compared to the longer term values.

If you were to place your Braemar townhouse on the market, priced to current conditions, you could expect it to be under contract in a little over a week or two.  You could also expect to pay about 1.5% of the sales price in closing cost help to the buyer.

The next Braemar Townhouse Report will be out in March.  Until, feel free to call this top Braemar Real Estate Agent when you are ready to sell. 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

Braemar Property Value Report: November-December 2017 (Ryan Homes)

Braemar Property Value Report: November-December 2017 (Ryan Homes)

What a great couple of days to be out and about in Bristow and Gainesville.  It has been sunny and relatively warm.  However, it does look like we have some cooler temperatures coming tomorrow.  A look at the forecast tells me we aren’t with the 15 degree temperature swings.  At least the daylight we are gaining each day is constant.

Right now, it is time for another Braemar Property Value Report.  This one brings up the rear of the single family home reports for the neighborhood and focuses on Ryan Homes properties that sold in the last two months of 2017.

There were Ryan Homes that sold during our reporting period, ranging from $445,000 to $515,000.  The details of those sales are detailed below:

If we take these sales and plug them in with our rolling six and twelve month values, what we find is that the six month average sold price has softened quite a bit compared to the twelve month average sold price.  In a complete contradiction of that information is the fact that the median sold price is only $100 less in the six month value vs. the twelve month value.  This is likely an indicator of more stable market values than the average sold price change in the short term indicates.

The average and median seller subsidy (closing cost help) is virtually unchanged in the short term compared to the long term.  However, the six month marketing time (DOM) compared to the twelve month value indicates that it has been taking longer to sell Ryan Homes in Braemar.

If you placed your Ryan Home on the market, priced to current market conditions, you could expect it to be under contract in two months or less.  (I would think much less given our lack of inventory heading into spring right now.)  You could also expect to pay about $8,000 in closing cost help.

The next Braemar Property Value Report will be out in March.  Until then, if you want to know how the market is affecting your specific home’s value, give me a call.  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

Braemar Property Value Report: November-December 2017 (NV Homes)

Braemar Property Value Report: November-December 2017 (NV Homes)

Having been on two Braemar listing appointments this weekend, I have been digging into lots and lots of comps.  That means really digging into MLS listings.  It always troubles me that there are still agents that will barely fill out relevant information in the MLS when marketing a home.  Things I’ve seen left out of pick list items include whether or not a home has a finished basement, deck, patio, fenced back yard and on and on.  In my world the more information you give a buyer, the better, especially if the alternative is leaving OUT valuable information.  That’s one of the reasons I believe so strongly in these market reports that I do for Braemar.

This particular Braemar Property Value Report included NV Homes sold between November and December 2017, of which there were three.  The details of those sales are listed below:

If you are anything like me, the first thing that stands out is the first sale listed and its DOM (days on market.)  That home was on the market just 51 days shy of one full year.  That, in my Braemar real estate world, is unacceptable.  It was a combination of poor listing prep, bad marketing photos and unrealistic asking price that started that had that listing languishing on the market.  One thing I preach to my sellers is no one is going to over pay for a home.  And even projects as simple as carpet and paint make a HUGE difference in buyer perception.  And professional photography makes all the difference when it is show time.

Outside of that listing, we have two other NV Homes that sold in a week or less.  That’s more like it.  When we take all three sales and put them in with our rolling six and twelve month data, we find that prices have softened a bit in the short-term.  Seller subsidy (closing cost help) has increased a bit in the short-term.  And since the average marketing time is going to be thrown off by the anomaly of the 314 day guy, I’m choosing to focus my attention on median here, where we see that in the short-term, homes are selling faster.

If you placed your Braemar NV Home on the market, priced to current conditions, you could expect your home to be under contract in a week or two.  You could also expect you would pay about 1.5% to 2% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in March.  Until then, please give me a call if you have been thinking of selling your Braemar home.  Our market has buyers just waiting to pounce on Braemar homes.  And it’s my job to get you the absolute most for your sale.  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