Just Sold: Four Bedroom Canterbury for $541,000

Just Sold:  Four Bedroom Canterbury for $541,000

On January 15th (2016,) I had the pleasure of listing 9572 Laurencekirk Place in Braemar.  The home had been previously listed for eighty-one days with no offers.  We kept the last list price of the former listing of $549.900.

9572 Luarencekirk Place sold for $541,000 on April 7, 2016.

Before the listing ever hit the market, as often happens with my Braemar listings, I received a call from a local Buyer’s Agent who had a client looking for a large single family in the neighborhood.  She knew I carried a lot of inventory in the neighborhood and was Kitchen--9572 Laurencekirkpleased when I told her about this one.  Though showing did result in an offer, it wasn’t an offer that made the Sellers want to skip marketing the home.

After only twenty days on the market with me, this home had two more offers, competing to win the home.  A deal was struck with one of the buyers on February 3rd.  On April 7th, it closed for $541,000.    That final sales price was higher than either buyer had been willing to offer in initially in that competitive situation.  The market had spoken loud and clear that $549,900 was just too high for the home. So the sellers made a counter offer and struck a deal while they could.  The timing was perfect for them to pick up their dream home, which was still on the market.

Chris Ann Cleland, Bristow Real Estate Agent, 703-402-0037When you are ready to sell your Braemar home and move up or downsize, give me a call.  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

 

Braemar Property Value Report: March-April 2013 (Arista Series)

Braemar Property Value Report:  March-April 2013 (Arista Series)

Spring time hit Braemar and the surrounding Bristow area with what felt, and still feels, like buckets of rain.  It is great for the lawns and other plants, but I would love to see some more sun.  The cloudy and rainy days seem to be outnumbering the sunny Canterbury model in Braemar, Bristow, VAones.  Of course, the weather, be it good or bad, really doesn’t seem to ever affect the Braemar real estate market.  In this report, we’ll look back at March and April’s sales activity for larger single family homes in Braemar known as the Arista Series.  These include the Allister, Buckingham and Canterbury models built by Brookfield Homes.

There were two resales of Arista Series homes over the last two months.  There were both Canterburys, which are the most popular home choice of the Arista Series in Braemar.  The high sold price was $500,000 on a five bedroom, four and a half bathroom Canterbury.  The low sold price was $451,000 on a four bedroom, three and a half bathroom Canterbury.  The average of their sold prices gives us our new average market value in the Arista Series of $475,500.  That is an increase of over 18.5% since last report, and not surprising since last report’s sale was a very modest Allister and not representative of most Arista homes that are located in Braemar.  And since there weren’t any sales in March or April 2012, we have no year to year comparison.

Braemar Property Value Report, March-April 2013, Arista Series

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Allister, Buckingham or Canterbury model home at the market, priced to current market conditions, you could expect it to be under contract in an an average of just over three weeks.  And since neither of the Canterburys that sold in March or April gave any closing cost help, it is safe to say that the buyer competition for the limited amount of homes for sale may amount to more and more sellers not giving any closing cost assistance.

The next Braemar Property Value Report will be out in July and will detail sales from May and June.  Until then, if you are thinking of selling your Braemar home, call me for a free market analysis of your specific home’s value.  I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  I’ve also been a Short Sale Agent since 2007.  I know our local market and how your home fits into it.  No one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.comwww.SellingBraemar.comwww.NVARealEstate.net

 

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

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You can see the most recent property values in Braemar by clicking the links below:

Carriage Series (smaller single family homes with detached garages, Brookfield Homes)

Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)

Heritage Series (mid-sized single family homes, Brookfield Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)