Braemar Property Values: November-December 2015 (Carriage Series)

By
Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Braemar Property Values:  November-December 2015 (Carriage Series)

Since shoveling out of what we had so far of the blizzard 0f 2016 seems pointless, why not park myself at the computer and put together another Braemar Property Value Report.  This one details sales from the Carriage Series during the last two months of 2015.  Carriage homes, by the way, 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:  MaplewoodNorwoodOakdale and Parkdale.

There were three sales of Braemar Carriage homes that sold in November and December.  All three were Oakdales with finished basements.  Only one of those basements had an exit.  Sold prices ranged from $370,000 to $380,000.  That's a pretty tight range for three sales.  The average of all three gives us our new average market value for Braemar Carriage homes of $374,967.  That's a very slight decrease since last report (less than 1%) and a 12% increase since last year.  

Braemar Property Values:  November-December 2015 (Carriage Series)

If you placed your Braemar Carriage home on the market, priced to current condition, you could expect it to be under contract in an average of nearly two months.  You could also expect to give an average of about 1.5% of the sales price in closing cost help to the buyer. 

The next Braemar Property Value Report will be out in late March  and will detail sales from January and February. Until then, when you are ready to sell your Braemar Carriage home, give me a call for a free market analysis.  I've been a Braemar home owner 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.  No One Knows Braemar Better!

 

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

Comments (7)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Chris Ann - Your Braemar market reports consistently provide very useful information for anyone with an interest in real estate in the neighborhood, and your expertise would be a very valuable resource.

Jan 23, 2016 08:52 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Chris Ann...Things look to be headed in the right direction.  we are seeing simalar results also

Jan 23, 2016 08:57 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

I really like the carriage house design of these homes in Braemar. So many new homes in Braemar have garages that take up the entire front of the house and let's face it, there's nothing pretty about a garage. They belong in back of the house, in my humble opinion.

Jan 23, 2016 09:55 AM
Chris Ann Cleland

I like them in back too.  Gives a much nicer street scape.  But I do also appreciate the uninterrupted back yard of the attached front loaders too.

Jan 24, 2016 02:35 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Those are some very encouraging year to year numbers Chris Ann Cleland. As always nice report! 

Jan 23, 2016 01:21 PM
Jeff Stevens
Berkshire Hathaway HomeServices New Mexico Properties - Las Cruces, NM
Jeff Stevens, Associate Broker/REALTOR

Chris Ann Cleland - What a nice market report on carriage homes in your area. If I were in the market to buy or sell in northern VA, I'd definitely call you! Have a great Sunday and I hope it warms up today and melts all that white stuff.

Jan 24, 2016 12:04 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Chris Ann --- your expertise in Braemar real estate shines in this post for the Carriage Series of homes.   Why would a prospective buyer or seller call anyone else in this area besides you?   

Jan 24, 2016 01:28 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Great job on your Braemar Property Values market report. Your market times are great.

Jan 24, 2016 04:20 AM
Chris Ann Cleland

They had been even better.  We're stabilizing.

Jan 24, 2016 11:17 AM