Braemar Property Values for July-August 2009 have just been calculated for the Carriage Series homes.  What's a Carriage Series home?  That's easy.  These are single family homes with detached garages.  You can still be a Carriage home without a detached garage.  The models that make up the Carriage Series homes are:  Maplewood, Norwood, Oakdale and Parkdale. 

Braemar Property Values for the Carriage Series this report (July-August 2009) are an average of the past two months sales.  In July and August there were only two sales.  One Norwood and one Parkdale model.  This gives us a mix of smaller and larger Carriage Homes.

The average Property Value for a Braemar Carriage home is $293,000 this report.  That's a 1.6% increase in value in two months time.  Last report  (May-June 2009) the average property value as $288,380.   

If you are thinking of selling your Braemar Carriage Home, you can expect to have it under contract in less than one month if it is priced to match current market conditions.  You can also expect to have a buyer ask for an average of 1.5% of the sales price in closing cost assistance.  Not so bad considering this closing cost assistance was #% of the sales price earlier in the year.

The next Braemar Property Value Report will be out in November.  Until then, you can check back into average sale prices dating back to 2005 on my website:  www.nvarealestate.net.  Click the link on the left for Braemar Property Value Report Online and scroll down until you see the heading Carriage Series.  The page will look like this:

Braemar Carriage homes are always in demand as they are great alternative to townhouses for first time buyers.  If you'd like to put yours on the market, give me a call.  No one knows Braemar better! 

Chris Ann Cleland, Realtor, Licensed in VA, Long & Foster

703-402-0037, chrisann@LNF.com