Braemar Property Values: September-October 2014 (Carriage Series)
The holiday season seems to be sneaking up on me. Seems like just yesterday I was lamenting the end of summer. It is easy to get lost in time when you are a Braemar real estate agent though. Running comps for listings and market reports like these, I am looking back to stats a lot.
This particular Braemar Property Value Report will cover the months of September and October, focusing on sales of Braemar Carriage homes. Carriage homes are characterized by the lack of an attached garage. Rather, if they have a garage at all, it is detached and sits in back of the home. The floor plans, from smallest to largest, are: Maplewood, Norwood, Oakdale and Parkdale.
Five Braemar Carriage homes sold during September and October. The majority of them were Norwood models. Sold prices ranged from $350,000 to $397,000. The average of all five gives us our new average market value for Braemar Carriage homes--$365,000. That number is down 6% since last report, but up nearly 1/2 of 1% since last year.
If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect it to be under contract in an average of about one and a half months. You could also expect the buyer to ask for an average of nearly 1.5% of the sales price in closing cost help.
The next Braemar Property Value Report will be out in January and will detail sales from November and December. Until then, enjoy your holidays! And when you are ready to sell your Braemar Carriage home, give me a call 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. I can get your Braemar home sold for the maximum amount of money in the shortest period of time. And most importantly...No One Knows Braemar Better!
Feel free to join my neighborhood Facebook group: BRAEMAR (Bristow, VA.) Here you will find links to these reports and my Braemar listings. And you can start any neighborhood conversation you like to there. Find babysitters, someone to mow the lawn, or help a lost pet find its way back home. Come join your neighbors!
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)
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)
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)