Braemar Property Values: July-August 2012 (Carriage Series)

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

Braemar Property Values:  July-August 2012 (Carriage Series)

The slight chill of fall is in the air in Braemar.  A slight chill has also hit our local real estate market, thought nothing major.  Let's take a look and see how the Braemar Carriage home values held up in July and August.  We'll make comparisons to last report (May-June 2012) and last year (July-August 2011.)  And in case you are not sure what a Braemar Carriage home is, it is characterized by the lack of attached garage.  Rather, it has a detached garage, if it has one at all  Not all Carriage home buyers opted for the garage and instead, have a paved parking area in the rear of their home.  The models, from smallest to largest, include the Maplewood, Norwood, Oakdale and Parkdale.

There were two Braemar Carriage home sales in July, none in August.  The high sold price was an Oakdale that sold for $350,000.  The low sold price was a Parkdale that sold for $325,000.  The average of these two sales gives us our new average market value for Braemar Carriage homes of $337,500.  That represents over a 3% increase since last report and less than a 1% decrease in value compared to last year.

 


If you placed your Braemar Carriage home on the market, priced to current market conditions, you could expect it to be under contract in less than three weeks.  You may not even have to pay any closing costs on behalf of the buyer.  Both sales this report had no closing cost help to the buyer.  That's due in part to buyer demand and lack of inventory.  Buyers are writing the strongest offers they can to secure a home.

The next Braemar Property Value Report will be out in November and will detail sales from the months of September and October.   Until then, if you are thinking of selling your Braemar Carriage home, give me a call for a free market analysis of your specific home's value.  I've been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  I added the distinction of being a Short Sale Agent in 2007.  No matter what your equity position, I can get your Braemar home sold for the maximum amount of money in the shortest period of time.  And most importantly...No one knows Braemar better!

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

703-402-0037, ChrisAnn@LNF.comwww.SellingBraemar.comwww.NVARealEstate.net


Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.) 

 

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Rainmaker
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Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good afternoon Chris Ann. Terrific information about your market and the weather....:). I love a carriage home and this info is great.

Sep 15, 2012 07:42 AM #1
Rainmaker
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Eric Michael
Remerica Integrity, Realtors®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Chris Ann, I love that house! It's very cool looking! The picture is phenominal. I really like the "spider webs" on the porch, too.

Sep 15, 2012 11:20 AM #2
Rainmaker
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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I have heard you use the term before about Braemar and Carriage Homes and had no idea what a Carriage home was or why, so thank you for clarifying that. I don't know why people would not want a garage. Especially in a place where it snows. Who wants to sweep snow off of her car?

Sep 16, 2012 11:46 PM #3
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Sheila:  These Carriage homes are so charming.  When you drive through a stretch of them after a snow, it feels like you are in a Christmas tree village.

Eric:  It's the closest to showing fall that I could find.  A Halloween decoration contest winner in the neighborhood from a few years ago.

Elizabeth:  There are so many people who relocate here for work from areas that get much more snow.  I think they don't realize how much Northern Virginia can get walloped with.

Sep 17, 2012 02:28 AM #4
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