Braemar Property Values: January-February 2013 (Heritage Series)

Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Braemar Property Values:  January-February 2013 (Heritage Series)

Driving through Braemar today all that's missing are green lawns and trees, and flowers.  The winter brown is
still in full effect, but the sun is shining and the temperature is in the mid-sixties.  Spring feels as though it has finally arrived.

With the first two months of 2013 behind us, we can take a look back at the Braemar real estate market and see how Heritage Series home values fared.  Heritage Series homes are the mid-sized single family homes, built by Brookfield Homes, with two car attached garages including the following floor plans:  Exeter, Yardley, Zachery & Waverly.

There were two Yardley style single family homes that sold between January and February.  The higher sold price was $438,000.  The lower was $365,000.  Their average gives us our new average market value for Heritage Series homes of $401,500.  This is nearly a 5.5% decrease in average market value since last report.  However, the good news is that this represents nearly a 3% increase since last year

If you placed your Exeter, Yardley, Zachery or Waverly on the market, priced to current market conditions, this report indicates you could expect it to be under contract in an average of ten days.  You could also expect a buyer to ask for an average of 1.5% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  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®



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:

Arista Series  (large single family homes built by Brookfield Homes)

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

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

Braemar Townhouse Report ( traditional townhouses with small back yards)

Comments (6)

Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Chris Ann, You certainly know the Braemar real estate market.  Anyone looking to buy or sell in Bristow, VA, and surrounding Bristow communities, definitely want to five Chris Ann Cleland a call!

Mar 10, 2013 07:16 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Kathleen:  I am always happy to help anyone who wants to buy or sell in Bristow.

Mar 10, 2013 09:06 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Chris Ann at least you can see your lawns, The winter has not released its hold on Nh yet with storm after storm measured in feet instead of inches this year. This weekends 50 degfree weather is sure melting it fast though. I am so ready to see some green grass and flowers. have a great day

Mar 10, 2013 11:00 PM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Scott:  That definitely is a silver lining, though I have been jealous of others getting true snowfall this winter.

Mar 11, 2013 03:11 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I am happy never to watch another snowflake fall to the ground ever again but that's why I don't live where it snows. Although lovely to see in Braemar, I bet everybody is looking forward to spring. You can truly appreciate spring only if you've survived the winter.

Mar 11, 2013 08:48 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Elizabeth:  That's true.  Just like only being able to appreciate the good when you've lived with the bad.  I like having all four seasons here, but it seems spring and fall are way too short.

Mar 11, 2013 10:03 AM