Braemar Property Value Report: January-February 2013 (Heritage Series)

Braemar Property Value Report:  January-February 2013 (Heritage Series)

Driving through Braemar today all that’s missing are green lawns and trees, and Yardley Style Home in Braemar, Bristow, VAflowers.  The winter brown is still in full effect, but the sun is shining and the temperature is in the mid-sixties.  Spring feels as though it has finally arrived.

With the first two months of 2013 behind us, we can take a look back at the Braemar real estate market and see how Heritage Series home values fared.  Heritage Series homes 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 two Yardley style single family homes that sold between January and February.  The higher sold price was $438,000.  The lower was $365,000.  Their average gives us our new average market value for Heritage Series homes of $401,500.  This is nearly a 5.5% decrease in average market value since last report.  However, the good news is that this represents nearly a 3% increase since last year.

Braemar Property Value Report:  January-February 2013 (Heritage Series)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Exeter, Yardley, Zachery or Waverly on the market, priced to current market conditions, this report indicates you could expect it to be under contract in an average of ten days.  You could also expect a buyer to ask for an average of 1.5% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  Until then, if you are interested in 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.  In 2007 I added the distinction of being a Short Sale Agent to my resume.  No matter what your equity I can help you get your Braemar home sold quickly and for the maximum amount of money.  And remember, no one knows Braemar better!

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

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

 

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

Braemar Property Value Report: July-August 2012 (Heritage Series)

Braemar Property Value Report:  July-August 2012 (Heritage Series)

I think this is my favorite time of year to be a resident of Braemar.  The temps are just right.  Not too hot, not too cool.  And  the leaves will soon be changing.  Before we start to enjoy the fall season ahead, let’s take a look back at the Braemar real estate market for the last two months of summer, July & August.  We’ll look at the sales of Heritage Series homes in this report.  Heritage Series homes are mid-sized single family homes with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly. For the sake of comparisons, we’ll be looking back at last report (May-June 2012) and last year (July-August 2011.)

There were three Heritage Series homes that sold during July and August.  Two Yardley and one Waverly.  The high sold price was $448,000 and the low sold price was $409,900.  The average of all three sales gives us our new average market value for a Braemar Heritage Series home of $429,300.  That represents nearly a 1.5% increase since last report and nearly an 11% increase since last year.  That’s great news!

If you placed your Exeter, Yardley, Zachery or Waverly home on the market, priced to current market conditions, you could expect it be under contract in an average of just over two months.  You could also expect a buyer to ask for an average of just over 2% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in November and will detail sales from the months of September and October.  Until, if you are interested in 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.  In 2007 I added the distinction of being a Short Sale Agent to my resume.  No matter what your equity I can help you get your Braemar home sold quickly and for the maximum amount of money.  And remember, no one knows Braemar better!

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

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

 

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

Braemar Property Value Report: November-December 2011 (Heritage Series)

Braemar Property Value Report:  November-December 2011 (Heritage Series)

Seems as though Braemar will experience a mild winter this season.  Well, so far, so good.  It’s only January 7th so anything can happen.  Some of the largest storms we’ve experienced have been in February or March.  We’ll keep our hopes up that there are no major storms.  I know the HOA’s would be super happy about that.  Snow removal can be a big expense when you have a rough winter.

Since the last two months of 2011 are officially behind us, we can take a look back at the Braemar real estate market and see how it shook out.  In particular, we’ll look at sales in the Heritage Series homes.  Heritage Series homes are mid-sized single family homes in Braemar, built by Brookfield, that include the following floor plans:  Exeter, Yardley, Zachery and Waverly.

There were three sales, all in November, of Heritage Series homes.  Two Zachery models and one Yardley.  I know the details on the Yardley model sold because I represented the buyers.  They got one of the nicest houses I have ever seen in Braemar.  The high sales price was $415,000 and the low sales price was $380,000.  The average of all three gives us our new average market value for Braemar Heritage Series homes of $396,300.  That’s nearly an 11% increase since last report. Unfortunatley, there were no sales in the same reporting period last year, so that is a comparison we can not make.

If you placed your Braemar Heritage Series home on the market, priced to current market conditions, this report indicates that you could expect it to be under contract in less than two weeks time.  You could also expect a buyer to ask for an average of nearly 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in March and will detail sales from the first two months of 2012.  Until then, Until then, please call me if you are thinking of selling your Braemar home.  I’d be happy to do a free market analysis of your particular Braemar home’s worth in today’s market.   As a Braemar resident and full-time Bristow real estate agent since 2005.  I’ve also been a Short Sale Agent since 2007, so I can help you sell no matter what your equity position.  And 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.SpeakingOfHomes.net

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

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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 homes, five to a private driveway, Brookfield Homes)

Braemar Townhouses (garage and no garage townhouses, not including patio homes)

Condo Quarterly(condos known as Barrhill at Inverness Village)