Braemar Property Values: July-August 2014 (Courtyard Series)
It was great to get out yesterday for Braemar Day and meet some of you that have been following these property reports online. What a gorgeous day for a community event!
This report is wrapping up the last two months of summer as it pertains to the Courtyard homes in Braemar. Of course, if you don't know what a Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway have very small yards. Models include the Arlington, Clarendon and Ballston.
During the months of July and August, only one Braemar Courtyard home sold. It was an Arlington model with four bedrooms, three and a half bathrooms and a finished basement. It listed for $394,900 and sold for $392,500. That sales price is our marker for Braemar Courtyard homes average market value for July and August. Using this value, we see an increase of just over 6% since last report and last year.
If you placed your Braemar Courtyard home on the market, priced to current conditions, this report indicates you could expect it to be under contract in about two and a half weeks. You could also expect a buyer to ask for an average of just under 1.5% of the sales price in closing cost help.
The next Braemar Property Value Report will be out in November and will detail sales from September and October. Until then, if you are thinking of selling your Braemar home, give me a call for a free market analysis. I've been a Braemar resident and full-time Bristow Real Estate Agent since 2005. I can get your Braemar home sold as fast as possible, and for the most amount of money. No One Knows Braemar Better!
Feel free to join my neighborhood Facebook group, BRAEMAR (Bristow, VA.) You can start any neighborhood conversation you like to there. I started it as a place to easily spread the information from these property reports, but I love to see neighborhood interaction there. My favorite thing that happens there is reconnecting lost pets with their owners.
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)
Carriage Series (smaller single family homes with detached garages, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
NV Homes (single family homes built by NV Homes)
Ryan Homes (single family homes built by Ryan Homes)
Townhouse Report (traditional townhouses with back yards)
Condo Quarterly (townhouse style condos)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)