Braemar Property Values: November-December 2011 (Heritage Series)

By
Real Estate Broker with Long & Foster REALTORS®, Gainesville, VA VA License # 0225089470

Braemar Property Values:  November-December 2011 (Heritage Series)

Seems as though Braemar will experience a mild winter this season.  Well, so far, so good.  It's only January 7th so anything can happen.  Some of the largest storms we've experienced have been in February or March.  We'll keep our hopes up that there are no major storms.  I know the HOA's would be super happy about that.  Snow removal can be a big expense when you have a rough winter.

Since the last two months of 2011 are officially behind us, we can take a look back at the Braemar real estate market and see how it shook out.  In particular, we'll look at sales in the Heritage Series homes.  Heritage Series homes are mid-sized single family homes in Braemar, built by Brookfield, that include the following floor plans:  Exeter, Yardley, Zachery and Waverly.

There were three sales, all in November, of Heritage Series homes.  Two Zachery models and one Yardley.  I know the details on the Yardley model sold because I represented the buyers.  They got one of the nicest houses I have ever seen in Braemar.  The high sales price was $415,000 and the low sales price was $380,000.  The average of all three gives us our new average market value for Braemar Heritage Series homes of $396,300.  That's nearly an 11% increase since last report. Unfortunatley, there were no sales in the same reporting period last year, so that is a comparison we can not make.

If you placed your Braemar Heritage Series home on the market, priced to current market conditions, this report indicates that you could expect it to be under contract in less than two weeks time.  You could also expect a buyer to ask for an average of nearly 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in March and will detail sales from the first two months of 2012.  Until then, Until then, please call me if you are thinking of selling your Braemar home.  I'd be happy to do a free market analysis of your particular Braemar home's worth in today's market.   As a Braemar resident and full-time Bristow real estate agent since 2005.  I've also been a Short Sale Agent since 2007, so I can help you sell no matter what your equity position.  And remember, no one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com, www.NVARealEstate.net, www.SellingBraemar.com

 

Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information System)

 __________________________________________________________________

You can see the most recent property values in Braemar by clicking the links below:

Arista Series (large single family homes built by Brookfield Homes)

Carriage Series (smaller single family homes with detached garages, Brookfield Homes)

Courtyard Series (executive style homes, five to a private driveway, Brookfield Homes)

Braemar Townhouses (garage and no garage townhouses, not including patio homes)

Condo Quarterly (condos known as Barrhill at Inverness Village) 

Posted by

Chris Ann Cleland, Associate Broker- Licensed in Virginia, GRI, SFR, Northern Virginia Short Sale Specialist. Affiliated with Long & Foster, 7526 Limestone Drive, Gainesville, VA 20155.  To contact Chris Ann, call 703-402-0037 or email chrisann@LNF.com.  Or you can visit her website:  www.nvarealestate.net.

Header photos taken by Chris Ann Cleland.

The opinions expressed in this post are those of Chris Ann Cleland, not those of Long & Foster REALTORS®.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate General Information
Location:
Virginia Prince William County Bristow Braemar
Groups:
City & State: Listings and Market Reports
HyperLocal Neighborhood and Community Posts
Local Expert
Localism Success and Accountability Group
Market Reports
Tags:
braemar single family home values bristow va
braemar listing agent bristow va
braemar real estate agent bristow va
braemar realtor

Comments 3 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
117,447
Anne Clark
Metro Referrals

Nice increase in value for home owners in Braemar!

January 08, 2012 06:42 PM
Ambassador
1,805,755
Chris Ann Cleland
Associate Broker, Northern VA
Long & Foster REALTORS®, Gainesville, VA

Anne:  Values for mid-sized single family homes in Braemar are definitely seeing a nice steady increase.

January 09, 2012 12:44 PM
Rainmaker
117,447
Anne Clark
Metro Referrals

And I forgot to congratulate you on the sale.  Way to go!  It sounds as though it was truly a gem.

January 10, 2012 02:29 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Ambassador
1,805,755

Chris Ann Cleland

Associate Broker, Northern VA
Email Me For a Free CMA of Your Home's Value
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information