Braemar Property Values: May-June 2015 (Heritage Series)
It is time for another Braemar Property Value Report, detailing sales of homes in the Heritage Series. Heritage Series homes, for those who may not be familiar, 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 fifteen sales of homes in the Heritage Series between May and June. That might be an all time record number of sales for one of these reports. The final prices ranged from $$369,000 to $479,000. Ten of these sales were the ever popular Yardley model. The average of all fifteen sales gives us our new average market values for Braemar Heritage Series homes of $446,068. That's an increase of over 6% since last report, but a decrease of nearly 3% since last year.
If you placed your Heritage Series home on the market, priced to current conditions, you could expect your home to be under contract in an average of twenty-five days. You could also expect a buyer to ask for an average of just under 1% of the sales price in closing cost help.
The next Braemar Property Value Report will be out around late Sepetember and will detail sales from the months of July and August. Until then, when you are ready to sell, give me and call and let's talk about the value of your specific Braemar home. No One Knows Braemar Better!
Come join my own Braemar neighborhood Facebook group: BRAEMAR (Bristow,VA.) I started the group as an easy way to disseminate these property reports, but you can start any neighborhood conversation you like there. One of the best parts of the group is reuniting lost pets with their owners.
Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)