Braemar Property Value Report: Courtyard Series (July-August 2008)
By Chris Ann Cleland, Associate Broker, Bristow, VA
(Long and Foster Real Estate)
The Braemar Property Value Report for the Courtyard homes built by Brookfield is in! The news isn't that bad. In the last two months, only one courtyard home has sold. These courtyard homes are near zero lot line homes...five to a single pipe steam or driveway. They include the Clarendon, Ballston & Arlington models. The only sale this report was for $300,000. It was a Ballston model with a fully finished basement. The seller gave the buyer $9,000 in closing cost assistance. And the home was only listed for twelve days. This compares to last report in that the average sales price has dropped only $7,450 and the number of days on the market is down from 137. You can check online for average sales prices for past reports at www.nvarealestate.net. Click the link for Braemar Propert...
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