Braemar Property Values: September-October 2014 (NV Homes)
If you stepped outside today bundled up for the cold that we Bristow residents had been experiencing lately, you were probably sweating by the time you got to the car. It was a balmy seventy degrees and sunny. Nice change of pace.
Speaking of change, it looks like our overall Bristow real estate market is changing. In this edition of The Braemar Property Value Report we will look at the sales of NV Homes in Braemar during the months of September and October.
There were five NV Homes that sold during September and October. Each was a different model. The high sold price was $515,000 and was represented in two sales. The low sold price was $454,000. The average of all four gives us our new average market value for NV Homes of $487,000. Unfortunately, that represents a drop of just over 8% since last report, but an increase of over 4.5% since last year.
If you placed your NV Home on the market, priced to current conditions, you could expect it be under contract in an average of about five weeks. You could also expect a buyer to ask for an average of nearly 1% of the sales price in closing cost help.
The winter market is a great time to get your house seen by buyers at a time when you have less competition. And there is something to the saying, "Home for the holidays." Buyers often start their house hunt this time of year.
The next Braemar Property Value Report will be out in January and will detail sales from the last two months of 2014. Until then, I wish all my Braemar neighbors a safe and happy holiday season. And when you want to sell your NV Home, give me a call for a free market analysis of your home's specific value. 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!
And if you haven't already, please join my new Braemar Facebook group: BRAEMAR (Bristow,VA.) You can find links to these reports and be involved in all kinds of neighborhood conversations. My favorite happenings are when a lost pet is reunited with its owner.
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)
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)