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Braemar Property Values: July-August 2012 (Arista Series)
Braemar Property Values:  July-August 2012 (Arista Series)
It won't be long before the leaves are turning in Braemar.  The air has cooled and the amount of daylight is decreasing each day.  It's a nice change given the sweltering days we endured this summer.  The local real estate market seems to have cooled as well.  Let's take a look back at the Braemar Arista Series resale activity during the months of July and August.  (Arista Series homes are the large single family homes built by Brookfield Homes and include the Allister, Buckingham and Canterbury floor plans.)  We'll compare the activity to last report (May-June 2012) and last year (July-August 2011.)
Once again, there is only one sale of an Arista Series home to report, but that's better than none.  The one that sold was a Canterbury with three finished levels, four bedrooms and four and a half bathrooms.  It listed for $410,000 and sold for $412,000.  Just like last report, with only one sale, we will use that number as our new average property value.  This means over a 20% decrease in value since last report, and nearly a 9% decrease since last year.  

If you placed your Allister, Buckingham ... more

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