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Braemar Property Values: July-August 2011 (Heritage Series)
Braemar Property Values:  July-August 2011 (Heritage Series)
Can you believe it's already time to look forward to the Braemar Halloween Spooktacular?  Seems that it was just summer. Yet school has been in session for weeks now and fall is definitely here.  So with July and August behind us we can take a look back at the Braemar real estate market and see how the last two months of summer treated home owners in the Heritage Series.  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 resales of Heritage Series homes in Braemar during the months of July and August.  Two were Yardleys, the other a Waverly.  High sales price was $415,000.  Low sold price was $347,500.  The average of their sales prices gives us a new average market value of $387,500.  That's an increase of over 12% since last report (May-June 2011) and an over 7.5% increase since the same reporting period one year ago.  This is news that should warm you up from that fall chill in the air.

What this report also tells us is that if you placed your Heritage ... more

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