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Braemar Property Values: September-October 2011 (Arista Series)
It's hard to believe there are only two months left in 2011.  Seems that Braemar real estate values turned a corner this year and that's great news.  Let's take a look at resales of Braemar homes in the Arista Series for the months of September and October.  These are the large single family homes, built by Brookfield Homes, that includes the following floor plans:  Allister, Buckingham & Canterbury.
There were two resales during the months of September and October.  The high sales price was a Canterbury (the largest model in the series) that sold for $487,000.  The low sale price was an Allister at $435,000.  The average of their two sales prices gives us our new  average market value of $461,000.  That's a 2% since last report (July-August 2011) and a 2% increase since last year (September-October 2010.)

If you placed your Allister, Buckingham or Canterbury model on the market today, priced to current market conditions, you could expect your Braemar home to be under contract in under two weeks.  You could also have a buyer that did not need any closing cost assistance.
The next Braemar Property Value Report will be out in January and will cover the months of ... more

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