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Braemar Property Values: July-August 2016 (Heritage Series)
Braemar Property Values:  July-August 2016 (Heritage Series)
When I was out and about around town yesterday, I noticed so much fall themed decor.  Seeing the rows and rows of pumpkins at plant nurseries definitely got me in the mood for the fall season.  Of course, before we get too far ahead of ourselves, let's take this chance to look back at the Braemar real estate market's performance in the last two months of summer.  This specific report will focus on sales in the Heritage Series.  Heritage Series homes, for those who may not be familiar, are the mid-sized single family homes, built by Brookfield Homes, with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly.  
There were four Heritage Series homes that sold between the beginning of July and end of August.  Three were Yardleys.  One was an Exeter.  The lowest sold price was $417,000.  The highest sold price was $480,000.  The average of all four gives us our new average market value for a Braemar Heritage home of $455,500.  If you remember from last report, most of the homes sold were the smallest floor plan, the Exeter.  Bear that in mind when I tell you that the average ... more

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