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Braemar Property Values: March-April 2013 (Arista Series)
Braemar Property Values:  March-April 2013 (Arista Series)
Spring time hit Braemar and the surrounding Bristow area with what felt, and still feels, like buckets of rain.  It is great for the lawns and other plants, but I would love to see some more sun.  The cloudy and rainy days seem to be outnumbering the sunny ones.  Of course, the weather, be it good or bad, really doesn't seem to ever affect the Braemar real estate market.  In this report, we'll look back at March and April's sales activity for larger single family homes in Braemar known as the Arista Series.  These include the Allister, Buckingham and Canterbury models built by Brookfield Homes.
There were two resales of Arista Series homes over the last two months.  There were both Canterburys, which are the most popular home choice of the Arista Series in Braemar.  The high sold price was $500,000 on a five bedroom, four and a half bathroom Canterbury.  The low sold price was $451,000 on a four bedroom, three and a half bathroom Canterbury.  The average of their sold prices gives us our new average market value in the Arista Series of $475,500.  That is an increase of over 18.5% since ... more

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