Braemar Property Values: September-October 2011 (Courtyard Series)
The fall foliage in Braemar has passed its peak of brilliant golds and reds and now seems to be heading down the road of browns. Such is to be expected as we move into November. And as you've grown to expect, this is the Braemar Property Value Report for Courtyard homes in Braemar.
Braemar Courtyard homes are characterized by their very small lots and five homes clustered around a private courtyard driveway. The models of Courtyard homes include the Arlington, Ballston & Clarendon.
As is sometimes the case, there were no resales to report for the previous two months of September and October. No sales means no change to the average market value for Braemar Courtyard homes that we had of $305,000 from last report (July-August 2011.)
There are currently three Braemar Courtyard homes on the market, priced between $320,000 and $339,900. One of those homes, as of the date of this report, has been on the market for 145 days and still has no offer. However, there is one Braemar Courtyard home under contract that was only on the market for 37 days. It was priced at $339,900 when it went under contract and is scheduled to settle in early November. So by next report, we should have some new values.
The next Braemar Property Value Report will be out in January and will detail sales of Braemar Courtyard homes from the months of November and December. Until then, if you are thinking of selling your Courtyard home give me a call. I've been a full-time Bristow real estate agent and Braemar resident since 2005, and a Short Sale Agent since 2007. No matter what your equity position I can get your Braemar home sold as quickly as possible and for the maximum dollar amount. 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:
Arista Series (large single family homes built by Brookfield Homes)
Carriage Series (smaller single family homes with detached garages, 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