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Braemar Property Values: March-April 2011 (Arista Series)
As the days in Braemar are getting warmer, you can feel that summer is just around the corner. Won't be long before the pools are open and school is out. Before we start our summer daydreams, let's take a look back at resale activity in March and April for Braemar single family homes in the Arista Series. What's an Arista Series home? Brookfield Homes with the following floor plans: Allister, Buckingham and Canterbury.
There were two resales during March and April; both Canterbury models. That's an improvement over last report's (January-February) one sale. The average of those two sales brings the average market value for a Braemar single family home in the Arista Series to $442,444. That's over a 4% increase since last report. Since the same time last year, average market value fell 1.7%.
If you placed your Arista Series, Braemar single family home on the market and priced it to current market conditions, this report indicates that you could expect to pay close to 2% of the sales price in closing cost assistance to the Buyer. You could also expect your home to be under contract in about five weeks.
The next Braemar Property Value Report will be ... more
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