Braemar Property Values: November-December 2012 (Arista Series)
How many Braemar residents were excited with the forecast of snow that we were supposed to get this past Thursday? I know I was. I love seeing our community blanketed in snow. It was disappointing to wake up today and see nothing on the ground. Bummer.
Not unlike the forecast of snow, if you've been looking forward to this Braemar Property Value Report detailing sales of homes in the Arista Series, well, there isn't much to report. Arista Series homes, if you aren't familiar with that term, are the largest single family homes built by Brookfield Homes in Braemar and include the Allister, Buckingham and Canterbury.
There were no Arista Series homes that sold during November and December last year. I know that there is strong buyer demand for such homes because I am personally representing buyers looking for homes like those in Arista Series. There was, however, one sale of an NV Home in Braemar. A Brandenburg model with 3,056 finsihed square feet (not including basement) that sold for $435,000 on the last day of November. That's about the size of an Allister or Buckingham model. Perhaps even a more modest Canterbury.
Comparing that $435,000 sale to the average value of an Arista home being $442,000 one year ago, it's easy to see that home prices in the Arista Series should be considered stable. I suspect they are even trending up a bit. Of course, with no sales for two consecutive reporting periods, that's simply my gut talking.
The next Braemar Property Value Report will be out in March and will detail sales from the first two months of 2013. Until then, if you are thinking of selling your Braemar home, call me for a free market analysis of your specific home's value in today's market. I've been a Braemar resident and full-time Bristow Real Estate Agent since 2005. I've also been a Short Sale Agent since 2007. I know our local market and how your home fits into it. No one knows Braemar better!
Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®
Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)
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 home, five to a private driveway, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
Braemar Condos (condos knowns as Barrhill at Inverness Village)
Braemar Townhouses (garage and no garage townhouses)