Braemar Property Values: July-August 2014 (Ryan Homes)
Summer went by in a flash. Here were are in the beginning of fall. Any day now, Braemar will be ablaze in fall colors. Right now, it is time for another Braemar Property Value Report focusing on sales of properties built by Ryan Homes in our neighborhood. This particular report looks back on the last two months of summer.
During July and August, two Ryan Homes sold. One for $417,000 and another for $425,000. The lower priced home did not have a finished basement. The average of both sales prices gives us our new average market value for Ryan Homes of $421,000. This average value is nearly 6.5% lower than it had been last report, but over a 3.5% increase in value since the same time last year.
If you placed your Ryan Home on the market, priced to current market conditions, this report indicates that you could expect it to be under contract in an average of just over a week. You could also expect a buyer to ask for an average of nearly 2.5% 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 want to know your specific home's value in today's marketplace, call me for your free market analysis. I've been a full-time real estate agent and Braemar home owner since 2005. I can get you the most money in the shortest amount of time when you sell your Braemar home. No One Knows Braemar Better!
Come join my new neighborhood Facebook group--BRAEMAR (Bristow, VA) where you will find links to this reports and other neighborhood discussions.
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)
Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
NV Homes (single family homes built by NV Homes)
Townhouse Report (traditional townhouses with back yards)
Condo Quarterly (townhouse style condos)
Piggyback & Patio Quarterly (back to back townhouses and quad homes)