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Braemar Property Values: July-August 2012 (Courtyard Series)
Braemar Property Values:  July-August 2012 (Courtyard Series)
The summer temperatures seem to be behind us here in Braemar as the chill of fall moves in.  There also seems to be a cooling down of our Bristow real estate market.  Let's take a look back at resale activity in the Braemar Courtyard homes during July and August.  We'll make our comparisons in value to last report (May-June 2012) and last year (July-August 2011.)  And if you aren't sure what a Braemar Courtyard home is, it is one of three different models that share a private courtyard driveway and having very small yards.  Models include the Arlington, Ballston and Clarendon.
There was only one resale of a Braemar Courtyard home in the last two months.  That's not unusual.  It was an Arlington model with five bedrooms and three and a half bathrooms.  It listed for $349,900 and sold for $345,000.  That sold price gives us our new average property value for a Braemar Courtyard home of $345,000.  That's up less than 1/2 of 1% since last report and up over 13% since last year.

If you placed your Braemar Courtyard home on the market, priced to current market conditions, you could expect ... more

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