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 out in July. Until then, if you are contemplating making a move and want to investigate selling your Braemar single family home, please don't hesitate to call. As a Braemar resident and Associate Broker with Long & Foster in Gainesville, I have the knowledge and skills you need to you sell your home...no matter your situation. Remember, no one knows Braemar better!
Chris Ann Cleland, Associate Broker, Licensed in Virginia, Long & Foster REALTOR®
Other Braemar Property Value posts for the period of March-April 2011:
Heritage Series (mid-sized single family homes built by Brookfield Homes)
Carriage Series (smaller single family homes with detached garages, built by Brookfield Homes)
Courtyard Series (executive style homes, five to a private entrance, built by Brookfield Homes)
Townhouse Report (townhouses separated into garage and no garage categories)