Braemar Property Values: January-February 2016 (Courtyard Series)

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Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470
https://activerain.com/droplet/4PY7

Braemar Property Values:  January-February 2016 (Courtyard Series)

It is that time again.  Time for another Braemar Property Value Report.  This one is specifically for Courtyard Home in BraemarBraemar Courtyard homes and covers the first two months of the year.  If you don't know what a Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway and have extremely small outdoor spaces.  It is perfect for home owners who want a detached home, but not a large yard to maintain.  Models include the Arlington, Clarendon and Ballston.

Because Courtyard homes make up such a small portion of the homes in Braemar, it is not unusual to have only one sale every couple of months.   This is one of these occasions.  There was one Braemar Courtyard home that sold between January and February.  It was a three bedroom Ballston model with a partially finished basement, but no basement exit.  The list price was $369,999 and the sold price was $365,000.  Taking that sold price as a place holder for average market value for this report, we see a decrease in value of 1/2% since last report and a decrease of nearly 4% compared to last year.  We always get a better idea of value when we have a few sales to report.  

Braemar Property Values:  January-February 2016 (Courtyard Series)

If you placed your Braemar Courtyard home on the market, priced to current condition, this sale indicates you may be under contract in as few as four days.  You may also prepare to give 2% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in May and will detail sales from 
March and April. Until then, when you are ready to sell your Braemar home, give me a call for a free market analysis.  I've been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  I can get your Braemar home sold as fast as possible, and for the most amount of money.  No One Knows Braemar Better!

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

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Rainmaker
2,189,507
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

You such an in-depth knowledge of the homes in Braemar, Chris Ann. I am constantly astounded at the number of models and configurations that you can name off the top of your head, but I shouldn't be, because as you say it so succinctly, nobody knows Braemar better!

Mar 22, 2016 06:15 AM #1
Rainer
138,389
Chrissi Chapman Topoleski
Re/Max Real Estate Connections - Haymarket, VA
HOME~There is no place like it!

The Braemar Courtyard homes are beautiful, and like you said, perfect for someone looking for a detached home without the upkeep of a large lot.

Mar 22, 2016 06:26 AM #2
Rainmaker
3,978,945
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Market time has sure changed in just a short year and values along with them.

Mar 22, 2016 07:56 AM #3
Rainmaker
1,494,473
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Chris Ann, what a huge change in marketing time from 2015 to 2016. Whether buying or selling a home in Braemar VA, you are the Realtor to call.

Mar 22, 2016 11:24 AM #4
Rainmaker
1,181,417
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Chris Ann

Besides the many great personal posts you do here, you add a few great market reports besides. Busy beaver aren't you. cheers cvc

Mar 23, 2016 06:24 AM #5
Rainmaker
1,433,977
Yolanda Cordova-Gilbert
Richmond, TX

Chris Ann, Good report on Braemar for the Jan-Feb 2016! I hope you are having a great start to your spring! Have a great evening!

Mar 23, 2016 08:22 AM #6
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