Category Archives: Real Estate News

2019 Sunset Concert Series at the Point


It is time for the Summer Sunset Concert Series at the Point to begin! We will kick off the season with The Reunion Band!
The first Concert of the Summer- May 24, 2019 at the Point in Lake of the Woods will feature the Reunion Band.  
The concert will take place at Clubhouse Point.
Music starts at 7 pm!
Summer Concert Series
(Weather dependent, Bands subject to change)
Friday, May 24th- Reunion Band
Friday, June 28th – Dave Goodrich and the 3D Band
Friday, July 26th – Desert Wind
Friday, August 23rd – Island Jerry Duo
The event is 100% funded by sponsors who are also LOW residents! Sponsors include: Licata Group/Keller Williams Real Estate, Locust Grove Veterinary Clinic, Townsend Home Health & Hospice Care, Design Craft Homes, Inspired Electrical Solutions, JK Carpets, Lakeside Title & Escrow, and Lake of the Woods True Value Hardware.
The Friends of Lake of the Woods (FLOW), Lake Youth Foundation, LOW Ski Club, and the LOW Lioness Club are acting as the “Hospitality Committees” throughout this concert series – so please thank them if you see them!
For more information call Pat Licata at 540-735-7998 or e-mail her at pat@licatagroup.com. Don’t miss out on the kick-off to the Summer concert season!


Whether you’re looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, the the #1 question asked by home sellers
is how much is it worth? If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.
To see available Lake of the Woods properties, please visit our site!

Up Your Home’s Resale Value with These 5 Outdoor DIY Projects

Spring is here, and summer is closer than ever. That makes it a great time to get outside and spruce up your home’s exterior!

If you’re planning on selling your home soon, a little outdoor maintenance can go a long way. In fact, here are five outdoor projects you can do yourself that are sure to add resale value to your home.

Install a Fire Pit

Fire burning in a backyard fire pit.

Imagine spending a warm summer evening out back with your friends, sipping cool drinks and roasting marshmallows over an open fire. The truth is, installing a fire pit is easier than you might think!

A fire pit is made out of fireproof materials and should sit on a flat surface at least 15 feet away from your home and any trees. Here’s a how-to guide for building a backyard fire pit.

Remember, check your local building codes before beginning any type of construction!

Don’t have a yard for a fire pit? Turn your balcony into a cozy dining area instead!

Add Some Outdoor Lighting

Transform your backyard space for summer with lights that add both ambience and security. You can safely add low-voltage lighting to your front or backyard by yourself, even if you don’t have extensive electrical experience.

Whether you opt for motion-activated LED lights or hanging fairy lights, you have some great options to consider for your yard!

Have a nice back deck or balcony? Add some lights to make it a great place to gather any time, day or night.

Fix the Front Door

A front door with a key in the lock.

Your front door should be clean, bright, and welcoming! After all, it’s the first thing potential buyers will see when they enter your home.

There are a couple of different options to freshen up your front door. If it’s very old or damaged, you could replace it altogether. Other options for sprucing up your door include painting it a different color,touching up the paint job, or replacing the doorknob or knocker.

Live in a condo with an interior front door? You can still spruce up your entryway with a nice welcome mat and some potted flowers.

Power Wash the Exterior

Dirty siding on your home can make it look old and neglected, which can be a major turn-off for buyers! A simple solution to get your home’s exterior looking like new is to rent a power washer to take care of any dirt. We recommend renting a heavy-duty, gas-powered pressure washer, as these are the most efficient.

Depending on your home’s specific material (vinyl, stucco, brick, etc.), you will need to obtain a specific type of detergent to power wash your home. Be sure to opt for an environmentally friendly version!

Refresh Your Landscaping

The front exterior of a home that's been manicured with trimmed shrubs and flower beds.

Taking the time to properly maintain your landscaping—and adding a few new features here and there—can both increase your home’s resale value and attract more buyers. After all, real estate is all about the curb appeal!

Installing an attractive stone walkway, mulching your flowerbeds, planting new flowers or shrubbery, and planting trees are all great ways to improve your home’s landscaping.

Don’t have a yard? You can still spruce up your entryway and outdoor areas with potted flowers or hanging planters.

Looking for More Home-Selling Strategies?

We can help you increase your home’s value and get it sold fast. Contact our team today to learn more.

Live in Historical Fredericksburg and Spotsylvania, Virginia!

By: Todd Long

Why live in the Fredericksburg and Spotsylvania County area?  It has history.  It has class.  It has culture.  Many people new to the area will find that this part of Virginia offers much in the way of things to do.  As I stated, the Fredericksburg region boasts of many historic sites that hold a place in our nation’s history, from its early founding, struggles for independence, and growing pains that led to the Civil War.   

The Fredericksburg area is the site of where more than 100,000 Americans lost their lives in our nation’s struggle that culminated in the Civil War.  The area, simply put, is hallowed ground.  But there is also a hallowed beauty to it.  Go visit the Fredericksburg Battlefield, where in 1862, General Robert E. Lee defeated the Union Army of The Potomac.  Down the road from the Fredericksburg Battlefield is the Chancellorsville Battlefield, a site considered to be Lee’s most brilliant victory, where he defeated an army almost three times the size of his own army.  Then nearby are the battlefields of the Wilderness and Spotsylvania, where Lee faced off against Union General Ulysses S. Grant, a man who would go on to become our nation’s 18th President.  If you’re not a big history nerd, but are more of a fitness junkie, these battlefields offer many hiking trails and the roadways on these battlefields, which are run by the National Park Service, are great places for biking.  The Park Service also puts on many living history events and Fit History walking tours during the spring and summer months. 

Historic Downtown Fredericksburg is definitely worth going to see as it has many buildings that date to the Civil War and earlier.  In the historic district there are many shops that offer a wide variety to visitors; restaurants, antique shops, specialty foods, clothing, jewelry, home furnishings and much more.  Located in downtown Fredericksburg is Kenmore, the home of Fielding Lewis, an American Patriot who gave and sacrificed much during our country’s struggle for independence, not to mention, the brother-in-law of George Washington, having married Washington’s sister Betty.  Since we are speaking of George Washington, across the river from Fredericksburg is the site of Ferry Farm, where young George spent his childhood.  It is a living history site which recently has underwent archaeological work to locate the foundations of his boyhood home and has been rebuilt to what it probably looked like.  Also located in downtown are the Mary Washington House, Rising Sun Tavern, Hugh Mercer Apothecary Shop and St. James’ House, all operated by the Washington Heritage Museums.  Also near downtown, for the nature fanatics, is Alum Spring Park, a 34-acre park that hosts many natural features including sandstone cliffs and a swimming hole.  If you are looking for a nice romantic getaway with your significant other, look no further.  The downtown area also offers two nice B&B’s, the Kenmore Inn and the Richard Johnston Inn.  Both Inn’s are historic homes, offer wonderful accommodations, excellent food, and show classic Virginia hospitality. 

Aside from all the history and historic sites that Fredericksburg offers, there is also much in the way of class and culture.  The downtown area also features art shops, the James Monroe Memorial Library, Fredericksburg Area Museum, and Belmont, the home of Gari Melcher, one America’s prominent portraitists and Impressionist painters.  Fredericksburg also offers several craft beer and alehouses including Harry’s Alehouse on Route 3 and Sedona Taphouse and Capital Ale House in downtown Fredericksburg.  The food at these locations are excellent.  Not far from downtown, for those who have a taste for wine, there are a few local wineries which include Bacchus Winery, Hartwood Winery, and Eden Try Winery.  If you have a flare for French cuisine, located downtown is La Petite Auberge, a French restaurant that has been serving the area since 1981.  If you enjoy theater, located nearby is the Riverside Center for the Performing Arts, a local dinner theater which has been putting on main-stage musicals, broad way shows, and dramatic productions for over 20 years.  The shows are always fun and entertaining and the food and service is always top notch.  With all that Fredericksburg has to offer, it is no wonder that the area is continuously growing. 

Spotsylvania neighbors Orange County, where Lake of the Woods is located. Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

open house

LOW Community Spring Open House

Save the Date! For Lake of the Woods VA Spring Open House: Sunday, May 5, 2019

Mark your calendar! The Spring LOW Community Open House will be held on Sunday, May 5th from noon to 4 PM. Visitors come from near and far to view properties in LOW. The tour begins at the Clubhouse, where attendees learn which properties will be held open. They receive information and a map from Clubhouse volunteers to begin their self-guided tour. The Open House has produced ratified contracts! Want more info? Let us know!   Homes that will be open for viewing typically range from $150,000 to well over $1,000,000. You will have access to amenities and homes for sale, and it is the perfect time to become acquainted with Lake of the Woods and discover why “It’s another beautiful day at the lake.”   If you are considering selling your house, this is a great opportunity for you, whether listing with an agent or selling by owner, as the open house attracts over 150 visitors. If you are interested in selling your home yourself, I’m happy to provide some helpful tips.

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, church, fitness center, walking trails, 2 pools, and 9 beaches, all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water-skiing, kayaking, golfing, horseback riding, or simply taking in the breath-taking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed. With an HOA fee of approx. $140/month and low taxes in Orange County, you can’t beat it!  

If you are interested in attending the open house, why not enjoy a fantastic brunch at the Clubhouse beforehand? See what our resort-style lifestyle is all about at Lake of the Woods!

To search current available properties, click here: LOW active listings

For more information contact Pat Licata at pat@licatagroup.com or (540)735-7998.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

open house

3 Open Houses In or Near Locust Grove, Virginia!

See more of: 34126 Enchanted Way here.

See more of: 35115 Somerset Ridge here.

See more of: 27512 Strawberry Hill here.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Saving up for a New Home? Here Are All the Costs You Need to Know

Once you’ve found the perfect home and secured the loan, all that’s left to do is start chipping away at those mortgage payments…right? In actuality, there are a handful of other, often-overlooked expenses that come with buying a home, but as long as you know what you’re getting into, they’re plenty manageable.

Take a look at our comprehensive list of all the costs of buying a home.

One-Time Payments & Closing Costs

A person holding up keys to a house.

Closing Costs

For buyers, closing costs are typically low and range from 2-5% of your purchase price. A lot of these costs are one-time expenses, and totals can vary from state-to-state.

If you want a better idea of what closing costs could be for you, check out this helpful guide on the average payments for each state.

Miscellaneous Fees

There are quite a bit of one-time fees bundled into your closing costs, but most of them are pretty inexpensive. Some of the most common expenses include the home inspection, appraisal, credit report, deed recording, land survey, notary fees, title insurance, and document prep fees.

Recurring Payments

A woman and a child counting coins.

Mortgage Payments

Mortgage payments are the most obvious cost when buying a home. These are your predictable, monthly payments decided by both the final price of your home and your down payment—in addition to a few other bundled costs. A larger down payment means a smaller mortgage payment, and it’s a good idea to pay this off quickly, since it will accumulate interest.

Property Taxes

Property tax payments don’t go towards just one thing—they actually cover quite a bit, like road construction, community maintenance, public works, and local government salaries. The exact amount you’ll pay in property tax is calculated by the county based on your home’s value, and the rates tend to rise and fall over time. Many buyers pay their property taxes through an escrow account set up by the lender.

Homeowner’s Insurance

It’s better to have insurance and not need it than need insurance and not have it, so homeowner’s insurance is pretty crucial to home owning. While it’s almost always required when you get a mortgage and then bundled into your monthly payments, be sure to double-check that you’re covered.

Private Mortgage Insurance

If you can’t afford a 20% down payment on your home, you’ll have to pay PMI as a way to ensure that the lender won’t go under if you default on your loan. You don’t have to pay PMI forever—it ends once you pay off 78% or more of the principal amount—but until then, expect to pay up to 2% of your loan amount annually.

HOA Fees

Moving to a neighborhood with an HOA? Your dues can range anywhere from under a hundred dollars to over a thousand, but they come with perks like landscaping and exterior maintenance, and some even include added benefits like swimming pools and fitness centers. Not all neighborhoods have an HOA, but your agent can tell you what your payments will be if yours does.

Utilities

Lastly, utility fees can come as a surprise to new homeowners who are used to renting. Depending on the size of your home, you can expect to pay a few hundred dollars per month for water, electricity, heating and cooling, and trash services. If you’re curious what your utility bills might look like, just ask your agent, and they can likely secure a few statements from the past owners.

Ready to Make an Offer?

A man and a woman sitting on a couch with a dog and a cat.

When it comes to buying a home, the most important thing you can do is be prepared. While there are a handful of costs to keep in mind, the satisfaction of calling a place your own is well-worth it in the end.

Are you ready to get started on your home-buying journey? With years of professional and local experience, our team knows all about navigating the expenses that come with buying. Give us a call today to get a better idea of your costs, and let’s get started!

home

Licata Group Real Estate Show Episode 2

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

marketstatistics

March Monthly Statistics

By Pat Licata-REALTOR

In Lake of the Woods for March, 2019 the statistics are as follows: A total of 10 homes were sold, all of them were standard sales. Two homes sold between $175-250K, six sold between $250-350K, and one sold for over $350,000.  Additionally, one lot was sold for $32,000.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

market stats 2018

March Market Statistics

Lake of the Woods Market Statistics

75 Active Homes for Sale

43 Homes Under Contract

39 Homes Sold since January 1, 2019.

Thinking of buying or selling?

Allow Pat Licata to achieve your desired results!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

eggsplosion

Easter Brunch at LOW Clubhouse, Locust Grove, VA

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by home owners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.