Special offer

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

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

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

Are you tired of hearing about snow?  Well, you're in luck.  I have another Braemar Property Value Report to share with you.  This one focuses on sales in the Heritage Series homes in our neighborhood Yardley in Braemarfor the last two months of 2015.  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.

When it came to Braemar single family home sales in November and December, Heritage Series homes saw the most sales.  There were a total of four that sold.  Their final prices ranged from $425,000 to $458,900.  All but one of them were Yardleys.  The odd guy out was a floor plan (the Chatham) discontinued by Brookfield shortly into developing our community.  With five bedrooms upstairs and an open family room to kitchen, this was probably a very early, clunky predecessor to what is now the Waverly.  The average of all four final prices gives us our new average market value for Braemar Heritage Series homes of $439,475.  That's a jump up in average market value of over 2% since last report, but a slight decrease of about 1% since last year.  That demonstrates market stability.

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

If you placed your Braemar Heritage Series home on the market, priced to current conditions, you could expect it to be under contract tin an average of thirty-eight days.  You could also expect to pay an average of nearly 1% 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 the months of January and February.  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!

 

 

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

Comments (4)

Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Very clear and easy to understand market update.  Nicely done.

Jan 25, 2016 03:14 AM
Chris Ann Cleland

Thanks!

Jan 25, 2016 03:19 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Chris Ann,  always enjoy viewing information on otber communities. Tks for sharing.

Jan 25, 2016 03:15 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Chris Ann...looks like for the most part your market is heading in the right direction

Jan 25, 2016 06:36 AM
Chris Ann Cleland

It's stable and I'll take it after going through that last down turn.

Jan 25, 2016 07:32 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Big price difference between these Braemar Heritage Series and those easy lock-and-go lifestyle of the Carriage homes in Braemar.

Jan 25, 2016 07:12 AM
Chris Ann Cleland

If Carriages homes are the baby bears, Heritage homes are the mama bears.  Arista home are the papa bears.

Jan 25, 2016 07:33 AM