Braemar Property Values: September-October 2012 (Heritage Series)

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

Braemar Property Values:  September-October 2012 (Heritage Series)

The Braemar Holiday Party is less than one month away.  Mark your calendars for December 14, 2012 from 6:30pm-8:30pm for the event.  As always, there'll be pictures of Santa and a horse-drawn hayride. Before September and October are a distant memory, let's take a look back at the Braemar real estate market and see what happened with resales of Heritage Series homes during those two months.  Those are the mid-sized single family homes with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly.

During the months of September and October 2012, there were five resales of Heritage Series homes in Braemar.  The final sale prices ranges from $339,990 to $435,000.  The average of all five, and our new average market value for Braemar Heritage Series homes, is $404.798.  That represents nearly a 6% decrease in value since last report (July-August 2012,) but nearly a 1.5% increase in value since last year (September-October 2011.)

If you placed your Braemar Heritage Series home on the market, priced to current market conditions, this report indicates that you could expect it to be under contract in a little over seven weeks.  You could also expect a buyer to request an average of 1.3% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in January and will detail sales from the last two months of the year.  Until then, if you are interested in selling your Braemar home, call me 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.  In 2007 I added the distinction of being a Short Sale Agent to my resume.  No matter what your equity I can help you get your Braemar home sold quickly and for the maximum amount of money.  And remember, no one knows Braemar better!

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

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


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

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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)

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

Townhouse Report (Garage & No Garage Townhomes)

Condo Quarterly (condos knowns as Barrhill at Inverness Village)

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Rainer
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Michael Blue
Home Smart Realty West - Encinitas, CA
REALTOR - 760-889-8877, Encinitas/Carlsbad
Hi Chris Ann, Good job on the market report for this Neighborhood. I hope this and your other market reports together online attention. I'm going to do more and more market reports and also community blogs, too.
Nov 17, 2012 12:55 PM #1
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Chris Ann,

I really like the sound of Braemar's Holiday party - I know the kids in my neighborhood would love something like this - now, to convince the neighbors that it's worth organizing.

Hope you're enjoying the weekend. D

Nov 17, 2012 11:59 PM #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

You know, I've never been a horse-drawn hayride before. It seems like it would be really cold and itchy. Maybe not in Braemar, though.

Nov 18, 2012 01:09 AM #3
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Michael:  I enjoy doing them as it keeps on top of neighborhood values and activity.

Debb:  It's a lot of fun, though I'm not sure I'd like the task of organizing it.

Elizabeth:  Every year I go I never do end up taking the ride.  I just end up buzzing around and helping kids with the craft we have for them or helping people with food and drink.

Nov 18, 2012 05:41 AM #4
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Hi Chris Ann.  I am so in the mood for a horse drawn hay ride.  What fun!

Nov 18, 2012 05:49 AM #5
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Belinda:  It's usually drawn by Clydesdale horses too.  They are so beautiful.

Nov 18, 2012 05:59 AM #6
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Chris Ann Cleland

Associate Broker, Bristow, VA
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