Braemar Reflection Quarterly: April-June 2016
Funny. I was just sitting down to type up this report and a Braemar Reflection home owner called me to investigate selling their home. Talk about timing.
This edition of the Braemar Reflection Quarterly will look back on the second quarter of 2016. For those who may not be familiar with this style of home, Reflection Series homes are located off of Tarvie Circle and are the semi-detached single family homes that are attached at the garage only. There were two floor plans offered by Brookfield Homes: Annan and Bromley.
There was only one sale of a Braemar Reflection home during the second quarter of 2016. It listed for $449,000 and sold for $445,000. That final sold price is over a 5% increase from last quarter's average value. Unfortunately, there is no comparison to the second quarter of 2015 since there were no sales then.
If you placed your Reflection home on the market, priced to current conditions, you could expect it to be under contract in about forty days. You could also expect to pay a little over 1% of the sales price in closing cost help to the buyer.
The next Braemar Reflection Series Quarterly will be in October and will focus on activity during the third quarter of 2016. Until then, when you are ready to sell your Braemar home, give me all call for a free market analysis. No One Knows Braemar Better!
Statistics compiled using MRIS (Metropolitan Regional Information Systems)