Braemar Property Value Report: November-December 2013 (Arista Series)

Braemar Property Value Report:  November-December 2013 (Arista Series)

As a Braemar Arista Series home owner myself, I am always curious to know what is happening with my home’s value.  (Arista Series homes are the large single family homes built by Brookfield Homes and include three floor plans:  Allister, Buckingham and Canterbury.)  Before I even get to the numbers, let me say that this one makes me happy.

There were two sales during the months of November and December of Arista Series homes.  Not surprisingly, both were Canterburys, the most popular of the three floor plans.  The higher of the two sold prices was $530,000; the lower $500,000.  The average of both, $515,000, is the new average market value for an Arista Series home in Braemar.  This is nearly a 5% increase since last report.  Year to year, who knows?  There were no Arista Series homes that sold during this same period in 2012.

If you placed your Allister, Buckingham or Canterbury on the market, priced to current conditions, you could expect it to be under contract in an average of three weeks.  And given the intense demand for homes, you may not have to give any closing cost help to a buyer.

The next Braemar Property Value Report will be out in March and will detail sales from the first two months of 2014.  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!

And if you want to be a member of a neighborhood Facebook group that will always allow links to these reports, please join my new Braemar Facebook group.  You can start any neighborhood conversation you like to there, be it promoting your own local business or just chatting about neighborhood events.

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

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com, www.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)

NV Homes (single family homes built by NV Homes)

Ryan Homes (single family homes built by Ryan Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)

Braemar Property Value Report: July-August 2013 (Arista Series)

Braemar Property Value Report:  July-August 2013 (Arista Series)

Fall is in the air.  The temps are finally cooling and it won’t be long before we see the foliage changing as we drive through Braemar.  Of course, before we let the summer go completely, we still have an opportunity in this Braemar Property Value Report to see what happened in the real estate market those last two months of summer.

In this report, we’ll take a specific look at resale in the Arista Series.  Those are the large single family homes built by Brookfield Homes and include these three floor plans:  Allister, Buckingham and Canterbury.

There were three resales in the Arista Series during the months of July and August.  Not surprisingly, they were all Canterburys, the most popular of the three floor plans in the Arista Series.  The high sold price was $544,000 and the low sold price was $515,000.  The average of all three gives us our new average market value of $526,333.  While we have no comparison to make to last report since no Arista Series homes sold in May and June, we do have a comparison to last year and it’s amazing.  Year to year, the Arista Series homes have increased in average value nearly 28%.

If you placed your Allister, Buckingham or Canterbury on the market, priced to current market conditions, this report indicates it would be under contract in less than one month.  You could also expect a buyer to ask for an average of a little more than 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in November and will detail sales from September and October.  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!

And if you want to be a member of a neighborhood Facebook group that will always allow links to these reports, please join my new Braemar Facebook group.  You can start any neighborhood conversation you like to there, be it promoting your own local business or just chatting about neighborhood events.

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

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com, www.NVARealEstate.net

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

__________________________________________

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)

NV Homes (single family homes built by NV Homes)

Ryan Homes (single family homes built by Ryan Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)

Braemar Property Value Report: March-April 2012 (Arista Series)

Braemar Property Value Report:  March-April 2012 (Arista Series)

Spring arrived well before winter was officially over in Braemar.  We’ve been enjoying warm temperatures since February.  And our Braemar real estate market has heated up, though there were no resales of Braemar single family homes in the Arista Series for this reporting period of March-April 2012.

For now, Braemar home owners of the large single family homes built by Brookfield which include the Allister, Buckingham and Canterbury models, will have to rely on last report’s (January-February 2012) values to help them price their homes.  For a more specific idea of what your large Braemar single family home would be worth, I am happy to put together a free market analyis of your particular home’s value.

I’ve been a Braemar home owner, and full-time real estate agent since 2005.  I became a Short Sale Agent in 2007.  No matter what your equity position, I can help get your Braemar home sold for the most amount of money in the shortest amount of time.  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, www.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:

Carrige 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)

Braemar Townhouse Report (no garage and garage townhouses)

Braemar Property Value Report: January-February 2012 (Arista Series)

Braemar Property Value Report: January-February 2012 (Arista Series)

Spring hit Braemar about a month early this year.  Normally I notice my crocuses bloom in late March or early April.  This year, they started blooming at the end of February.  It’s all the unseasonably warm weather, and believe me, I’m not complaining.  Here’s something else I’m not about to complain about…the upswing in Braemar property values.

With the first two months of the year behind us, let’s take a look back at the resale activity for the Arista Series homes in Braemar.  These are the large single family homes built by Brookfield Homes and include the following floor plans:  Allister, Buckingham and Canterbury.

There was only one resale of an Arista Series home, and it happened in early February.  Not surprisingly, it was a Canterbury model…by far the most popular choice of the home owners that purchased Arista Series homes from Brookfield.  And this Canterbury was BIG.  It had five bedrooms and five and a half bathrooms.  There was even an additional room in the basement that could have been considered a sixth bedroom.  The basement was finished and had a walk-up exit.  The home listed for $509,900 which was a bit aggressive, but sold for a high sales price of $475,000.  That value, being our average for this reporting period gives us a 7.5% increase since last report and nearly a 12% since the same reporting period last year.

If you placed your Canterbury, Allister or Buckingham on the market today, priced to current market conditions, this report indicates you could expect to pay about 3% of the sales price in closing cost assistance to the purchaser.  You could also expect your home to go under contract in about two months time, maybe faster since this home would have been considered overpriced compared to its final sales price.

The next Braemar Property Value Report will be out in May and will detail sales from the months of March and April.  I expect to see the positive trends to continue as we seem to have a high demand for homes in Braemar and not much inventory.  Until then, if you are thinking of selling your Braemar home, I’d love to provide you with a free market analysis of your home’s specific value in today’s market.  As a Braemar resident and full time real estate agent since 2005, and a Short Sale Agent since 2007, I can help you sell your Braemar home for the most money in the least amount of time no matter what your equity position.  Remember, no one knows Braemar better!

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

703-402-0037, chrisann@LNF.com, www.NVARealEstate.net, www.SellingBraemar.com, www.SpeakingOfShortSales.com

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information System)

 ____________________________________________________________

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 homes, five to a private driveway, Brookfield Homes)

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

Braemar Townhouse Report (no garage and garage townhouses)

Condo Quarterly(condos known as Barrhill at Inverness Village) 

Braemar Property Value Report: March-April 2011 (Arista Series)

As the days in Braemar are getting warmer, you can feel that summer is just around the corner.  Won’t be long before the pools are open and school is out.  Before we start our summer daydreams, let’s take a look back at resale activity in March and April for Braemar single family homes in the Arista Series.  What’s an Arista Series home?  Brookfield Homes with the following floor plans:  Allister, Buckingham and Canterbury.

There were two resales during March and April; both Canterbury models.  That’s an improvement over last report’s (January-February) one sale.  The average of those two sales brings the average market value for a Braemar single family home in the Arista Series to $442,444.  That’s over a 4% increase since last report.  Since the same time last year, average market value fell 1.7%.

If you placed your Arista Series, Braemar single family home on the market and priced it to current market conditions, this report indicates that you could expect to pay close to 2% of the sales price in closing cost assistance to the Buyer.  You could also expect your home to be under contract in about five weeks.

The next Braemar Property Value Report will be out in July.  Until then, if you are contemplating making a move and want to investigate selling your Braemar single family home, please don’t hesitate to call. As a Braemar resident and Associate Broker with Long & Foster in Gainesville, I have the knowledge and skills you need to you sell your home…no matter your situation.  Remember, no one knows Braemar better!

Chris Ann Cleland, Associate Broker, Licensed in Virginia, Long & Foster REALTOR®

703-402-0037, chrisann@LNF.com

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Other Braemar Property Value posts for the period of March-April 2011:

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

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

Courtyard Series (executive style homes, five to a private entrance, built by Brookfield Homes)

Townhouse Report (townhouses separated into garage and no garage categories)