Braemar Property Value Report: July-August 2015 (Heritage Series)

Braemar Property Value Report:  July-August 2015 (Heritage Series)

Funny that I should be writing this report on a day when I was actually out on a listing appointment for a Heritage Series home in the neighborhood.   Then again, I
guess it may not be that coincidental because the vast majority of my business does come from Braemar.  And this fall, listing agreements are getting signed to take advantage of what I’m Yardley Model in Braemarbeginning to call our second spring market.

Let’s get down to it and see what happened with Braemar Heritage Series home values for the last two months of the year. Heritage Series homes, for those who may not be familiar, are the mid-sized single family homes, built by Brookfield Homes, with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly.

There were five Heritage Series homes that sold during July and August; two Exeters, two Yardleys and one Zachery.  The high sold price was $465,000 and the low sold price was $375,000.  That low number is really low for a Heritage home and was that of a Yardley in the shabbiest condition I have ever seen in the neighborhood.  The new average market value of $419,000 is impacted by that low sale.  That means you shouldn’t take too much stock in the difference of 6% loss in average market value since last report and a loss of 4% since last year.  Removing it from the comps brings the average market value up $10,000, but would still show losses, though not as significant.

Braemar Property Value Report: July-August 2015 (Heritage Series)

If you placed your Braemar Heritage home on the market, priced to current conditions, you could expect it to be under contract in an average of about a month.  You could also expect a buyer to ask for an average of about 1.5% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in late November and will detail sales from the months of September and October.  Until then, when you are ready to sell, give me and call and let’s talk about the value of your specific Braemar home.  No One Knows Braemar Better!

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037Come join my own Braemar neighborhood Facebook group:  BRAEMAR (Bristow,VA.)  I started the group as an easy way to disseminate these property reports, but I love to see neighborhood conversation you like there.  One of the best parts of the group is reuniting lost pets with their owners.

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.)

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Braemar Property Value Report: March-April 2015 (NV Homes)

Braemar Property Value Report:  March-April 2015 (NV Homes)

Hope everyone enjoyed their Memorial Day Weekend here in Braemar.  The shortage of hot dogs and hamburgers at the local Brandenburg Model by NV Homesgrocery stores tells me that most folks celebrated with a cookout.  Was a perfect weekend for it.

Right now, it’s time for another Braemar Property Value Report.  This one will details sales of homes, built by NV Homes, during the months of March and April.

There were two NV Homes that sold in March and April.  One was a Rutherford, the other a Brandenburg.  Both were located on Arthur Graves Jr. Court.  And oddly enough, they both sold for $550,000.  That makes finding the average value easy–it’s $550,000.  That represents slightly more than a 10% increase in average value since last report and over a 14.5% increase in average value since last year.

Braemar Property Value Report:  March-April 2015 (NV Homes)

If you placed your NV Home on the market, priced to current conditions, you could April Flowers Braemar Clubhouse 2015expect it to be under contract in an average of eight days.  You could also expect a buyer to ask for aan average of a bit more than 1.5% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in July and will detail sales from May and June.  In the meantime, when you want to sell your NV Home, give me a call for a free market analysis of your home’s specific value.   No One Knows Braemar Better!

And if you haven’t already, please join my new Braemar Facebook group:  BRAEMAR (Bristow,VA.)  You can find links to these reports and be involved in all Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037kinds of neighborhood conversations. My favorite happenings are when a lost pet is reunited with its owner.

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.)

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

Arista Series  (large single family homes built by Brookfield Homes)

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)

Ryan Homes (single family homes built by Ryan Homes)

Townhouse Report (traditional townhouses with small back yards)

Condo Quarterly (townhouse style condos)

Piggyback & Patio Quarterly (back to back townhouses and quad homes)

Reflection Quarterly (single family homes attached at the garage only)

Braemar Property Value Report: March-April 2015 (Arista Series)

Braemar Property Value Report:  March-April 2015 (Arista Series)

When we first entered spring, I don’t know about you, but I thought I might have lost a couple of trees and some flowers in my garden due to the brutal winter temps.  There were some late bloomers, but they all made it and are now coming out in vibrant color.  It’s so nice to see Braemar in bloom.

Right now, we’re going to look back to the start Canterbury Model in Braemarof the spring market in the Arista Series, which are the larger single family homes built by Brookfield Homes and includes the Allister, Buckingham and Canterbury models.  This report will cover the months of March and April.

There were two Canterburys that sold, both in April.  One sold for $506,000, the other for $573,000.  The difference is in the amount of space, finishes and location within the community.  The average of the two sales gives us our new average market value of Arista Series homes of $539,500.  That average value is down over 1.5% since last report, but up nearly 3% since last year.

Braemar Property Value Report:  March-April 2015 (Arista Series)

If you placed  your Allister, Buckingham or Canterbury on the market, priced to current conditions, you could expect it to be under contract in a little less than a month. Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037 You could also expect a buyer to ask for an average of about 1/2% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in July and will focus on homes sold inMay and June.  Until then, when you are ready to sell your Braemar home, give me a call.  No One Knows Braemar Better!

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.  While you’re there, start a conversation with your neighbors or maybe even help a lost pet find its way back home.

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 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)

Piggyback & Patio Quarterly (back to back townhouses and quad homes)

Reflection Quarterly (single family homes attached at the garage only)

Just Sold in Braemar: Two Finished Level Canterbury for $525,000

Just Sold in Braemar:  Two Finished Level Canterbury for $525,000

A full week before this Canterbury model in Braemar was to hit the market on March 1st (2014,) I was speaking casually with an associate of mine at Long & Foster in Gainesville.  Chit chatting with fellow agents may seem like a waste of time, but it is most
certainly not.  I mentioned this listing coming up and the conversation focused on it.  She had Buyers that were looking for something exactly like it.10204 Broadsword Drive in Braemar sold for $525,000 on April 25th.

After a request from her Buyers to get a look inside before it hit the market, my Sellers decided that was a good plan.  We told them the list price of $525,000 and let them in to take a look.  It wasn’t long before we had a full price offer from them.  A few details ironed out between Buyers and Sellers and this Canterbury was under contract before it ever hit the MLS on February 28th.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037The home itself was nicely appointed with hardwood floors throughout the main level, Corian counters in the kitchen and an upgraded ceramic flooring in the owner’s bathroom.  It also had a great lot backing to some trees, was fully fenced and had a genuine Brazilian Ipe hardwood deck.  What it didn’t have was a finished basement.

There were no appraisal issues and no home inspection repairs requested.  It was as smooth a transaction as a sale can be.  It closed for $525,000 on April 25th.

If you are thinking of selling your Braemar home, I would be happy to provide you with a free market analysis of your home’s worth in today’s market.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

2013 Top Producing Agent & 2013 Top Selling Agent, Long & Foster REALTORS® Gainesville, VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

Braemar Single Family Home Under Contract in TWO DAYS

Braemar Single Family Home Under Contract in TWO DAYS

14513 Swordale Lane in Bristow listed for $429,000 on February 12, 2013

Yesterday I posted a Yardley that I had listed on Swordale Lane for $429,000.  It actually hit the market on Tuesday, February 12, 2013.  Today, Valentine’s Day, I can officially report that after only two days on the market, the home is under contract.  It had two offers and a third buyer that was interested in making an offer.

If you want these kind of results when you sell your Braemar home, give me a call.  No one knows Braemar better!

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

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