Braemar Property Values: September-October 2011 (Arista Series)

Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470

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 November and December.  Until then, if you are thinking of selling your Braemar home, please give me a call for a free market analysis of your specific home's worth.  As a Braemar resident and full time real estate agent since 2005, and a Short Sale Agent since 2007, I can help you sell your Braemar home for the most money in the least amount of time no matter what your equity position.  Remember, no one knows Braemar better!

Chris Ann Cleland, Associate Broker, Licensed in Virginia, Long & Foster REALTORS®




Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information System)


 You can see the most recent property values in Braemar by clicking the links below:

Carriage Series (smaller single family homes with detached garages, Brookfield Homes)

Courtyard Series (executive style homes, five to a private driveway, Brookfield Homes)

Heritage Series (mid-sized single family homes, Brookfield Homes)

Braemar Townhouses (garage and no garage townhouses, not including patio homes)

Condo Quarterly (condos known as Barrhill at Inverness Village)

Comments (8)

Anne Clark
Metro Referrals - Gainesville, VA

Looks like Braemar single family homes are seeing stablility and modest increases.  That is great.

Nov 03, 2011 11:04 AM
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

Chris Ann,

Sounds to me like you know Braemar homes like the back of your hand.  The front of it, too.  Why would anyone hire any but you to sell their Braemar home?

Brick is not used as a building material in Santa Clara County or most of CA, but I really like it and most other masonry.  I'm not sure why.  Earthquakes and cost of construction is my guess.

Nov 03, 2011 01:39 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL

Chris Ann - An increase is always great!  Hopefully 2012 will increase as well.

Nov 03, 2011 03:27 PM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Anne:  At one point during the decline we saw near 30% decreases year over yeah...2% increase is nothing to sneeze at.

Lloyd:  We have a lot of brick homes in Virginia...though like the one above, most are brick front only.

Michelle:  Another modest increase would be good.  I'm all for stability because it is manageable in the long run...less likely to cause another crash.

Nov 04, 2011 03:40 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Chris,  I just don't know where this year went.  I can't believe its almost over.  It is so sad.  But with the end of this year comes the beginning of a whole new year and we start over again achieving our goals and helping folks realize their dreams.

Nov 04, 2011 04:37 AM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Belinda:   I love this time of year.  The holidays bring a certain excitement to the air.  I'm going to channel some of that into my business planning and have fun with it.

Nov 04, 2011 04:43 AM
Charles McDonald®
Charlottesville Solutions - Charlottesville, VA
REALTOR®, Principal Broker®, Owner

I sure do like seeing those numbers going up

your friend in Charlottesville

Nov 04, 2011 08:36 AM
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Charles:  So do I.  I have a personal stake in these homes since mine is also an Arista Series home in Braemar.

Nov 04, 2011 09:02 AM