Six Bedroom Braemar Home SOLD, Just in Time for the Holidays

Six Bedroom Braemar Home SOLD, Just in Time for the Holidays

On October 18th, I had the pleasure of listing 12278 Scotts Mill Drive.  Being a six bedroom Zurich model with a covered front porch, fully finished walk out basement on a wooded cul-de-sac lot I knew this would be a home in demand.  When we ran the comparable sales, and determined there wouldn’t be much competition, the seller committed to pre-list preparation to list at $485,000.  We were reaching slightly beyond the top of the market and only market response would tell if the seller would be rewarded.

After nearly two weeks on the market, and about two dozen showings, the market response was the home was priced too high.  So an adjustment to $475,000 was in order.  Within a week of that price change, the seller had two offers.  Negotiations weren’t easy as pie, but the seller got what he wanted (a full price offer) and so did the buyer that seemed to want the house the most ($10,000 in closing cost help.)

After an uneventful appraisal, where I was there at the home to meet the appraiser with the second offer, property survey, floor plan and list of updates to the home, the sales price was confirmed at $475,000.  Yippee!  And there was worry that the house across the street at a recent sales price of $460,000 would skew this appraisal.  I actually used it as a comparable for the appraiser, if you can believe that.  If only sellers in Braemar realized how important was when they hired their listing agents.

This home went to settlement on December 8th at $475,000.   The seller was very happy with his choice of listing agents.  If you asked him what he thought of my performance, I am sure the words “strong negotiator” would be in the mix.

Selling Braemar homes all year round is what I do.  It is my specialty.  And this sale, as well as others happening now, prove the last quarter of the year is a great time to sell.

When you are ready to sell, give me a call and I’ll show you what my market knowledge can mean to your bottom line.  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:  July-August 2017 (Arista Series)

Braemar Property Value Report:  July-August 2017 (Arista Series)

Labor Day weekend certainly didn’t get off to a sunny start yesterday.  The drizzling rain made it fairly miserable.  Seems you will have a chance to enjoy the last days of the Braemar pool season today and tomorrow though.

Right now, it is time for another Braemar Property Value Report.  This one is focused on Arista Series home sales in Braemar.  Arista Series homes are the large, single family homes built by Brookfield Homes.  The floor plans include the Allister, Buckingham and Canterbury.

Unlike last report when we had no recent sales to report, we have one to tell you about for the months of July and August.  The sale was a Buckingham model, details below:

As a Braemar Real Estate Agent, there are a couple things that concern me about this most recent Arista Series sale.  For starters, it listed below $500,000.  It sold for even less.  Worse yet, it gave 3.5% of the sales price in closing cost help.  That’s a lot!  In my eyes, this home could have garnered a higher price.  And I say that because I’m seeing smaller homes sell for more than this.

When you look at the six and twelve month average and median values in the Arista Series homes in Braemar, the six month values are dramatically affected by the addition of this most recent sale.  It was only one of two sales in the last six months.  The other sale in the last six months was also low at $499K.  It was a foreclosure flip.  Knowing this, it is not surprising to see that the six month values are well below the twelve month average and median sold prices.  As for closing costs, the twelve month median value is the highest of the median and averages.  The only good news is that the six month market values are lower than the twelve month marketing values.

If you placed your Braemar Arista home on the market, priced to current conditions, you could expect it to be under contract in one to two months. You could also expect to pay about $8,000 to $10,000 in closing cost help.

Braemar Arista homes are certainly able to sell for more than we have seen in the last six months.  Listing preparation and marketing, including professional photographs are going to make all the difference in how your home appeals to buyers.

The next Braemar Property Value Report will be out in November, at which time we will focus on the sales that happened in September and October.  Until then, if you want to find out what your home is worth in the current market place, 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

Another Yardley Sold in Braemar!

Another Yardley Sold in Braemar!

On April 26th (2016,) I had the pleasure of listing this five bedroom Yardley at 10140 Broadsword Drive.  With three finished levels, a walk out basement with an additional full bathroom and a lot backing to trees, we landed on a list price of $469,400.  Two offers and twenty-two days later, this home went under contract on May 12th.

10140 Broadsword Drive sold for $475,000 on July 29, 2016.

Originally, settlement date was set to occur on July 14th.  Thankfully, my sellers were very understanding when that date had to be pushed two weeks when the loan had an underwriting delay.

Settlement occurred on July 29th.  The final sales price was $475,000.  

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037When you are ready to sell your Braemar home, give me a call for a free market analysis.  Selling Braemar homes is my specialty.  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

Helping a Braemar Buyer Find the Right Home

Helping a Braemar Buyer Find the Right Home

If you have read even a few of my real estate posts here on SellingBraemar.com, you already know that I work with a lot of Braemar sellers.  Listing Braemar homes is one of my favorite things to do.  However, I am a not solely a Listing Agent.  I also represent buyers.9528 Ballagan Court sold on Julu 29th  (2016) for $477,000.

In early March I met with a young family that found me through my Zillow profile.  They were looking for a Bristow Real Estate Agent and had called a couple of the top agents they found.  When it came time to pick one to list their existing home and help them find another, they chose me.

Our home search started shortly after we met.  We looked all over Bristow, Gainesville and Haymarket.  We even visited new construction in Warrenton.  Once my buyers had their existing home under contract, the pressure to decide was on.  When they saw this Braemar home at 9528 Ballagan Court, they knew they had found their next home.

9528 Ballagan--Kitchen

They submitted an offer on June 29th.  While the home was only priced at $474,900, they offered a little more to get some closing cost help.

This home sold to my buyers on July 29th, just one month later, for $477,000.  My buyers were able to get all of their closing costs paid by the seller.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you are looking to buy or sell in Braemar, 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

 

Five Bedroom Bainbridge Model: Under Contract in Seven Days

Five Bedroom Bainbridge Model:  Under Contract in Seven Days

10206 Moss Tower

There are not very many homes in Braemar that boast five bedrooms on the second level.  We have plenty that have a fifth, or even sixth, bedroom in a loft or basement.  The Bainbridge by Ryan Homes is a model where you can find five bedrooms on the second level.  Mind you, a Bainbridge model is not the largest home in the community, but when Kitchen--10206 Moss Towerthey appear, they tend to not last very long…at least when marketed properly.

This Bainbridge, located at 10206 Moss Tower Place, hit the market on February 1st (2016,) priced at $430,000.  It was clean and well kept, with a lovely kitchen upgrade.   Priced right for what it offered, this home garnered multiple offers before its first full weekend on the market.

On February 8th, a deal was struck between Seller an Buyer.  I would love to give you the details, but that will have to wait until settlement, which should be mid-April.  Stay tuned.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037When you are ready to list your Braemar home, give me a call.  I’ll be happy to discuss what I can do for you, and how quickly I think we can get it done.  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