Tag Archives: real estate virginia

Country Home With Huge Lot of Land For Sale in Unionville, VA 22567! 22413 Constitution Hwy Offered at $262,500!

This home is Country living at its best. Over 7 acres of picturesque land, this beautiful home is filled with harwood floors, and a cathedral ceiling with a beam. The property can be, and has been used for horses in the past, and has a HUGE garden area, just ready and waiting! Centrally located to DC, Fredericksburg, and Richmond!

 Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website lakeofthewoodsvirginia.com

Here are 4 Tricks to Choosing a Neighborhood You’ll Love!

Aerial shot of neighborhood

If you’re thinking about buying a home, you’ve probably heard, “location, location, location!” on repeat. Finding the perfect city or town is one thing, but you’ll need to take it a step further. The right neighborhood matters more than you think, so before you start your search, we have some tips to help you find the perfect spot!

Do Your Research

Man exploring neighborhoods on tablet

Before you start driving through prospective neighborhoods, you’ll want to do some research at home first. Finding the right place to live can be time-consuming, but some quick online searches can help narrow down your options. Many agents also spotlight certain neighborhoods on their website and tend to offer more in-depth guides—as well as more listings and home-buying tips.

After doing your initial research, you’ve probably narrowed your list down to a few neighborhoods. Now it’s time to delve deeper and look at these places by the numbers. It’s worth looking at stats like crime rate, HOA fees, and average property taxes. You might want to start your search with sites like Neighborhood Scout and City-Data—these sites give you localized data on demographics, schools, and more.

Scope Out What’s Around

Man researching on laptop

While the actual neighborhood might seem perfect, what’s around matters a lot, too. Remember, you’re buying more than just a home—you’re finding a new place to thrive. If you’re looking for convenience, a community far-removed from amenities you love might not work. Be sure to take your commute into account, as well as the driving distance to places you go all the time.

School districts also play a big factor in which area you choose, especially for your kids. Even if you don’t have children, home prices in good districts are consistently higher than others, so it’s still something you should take into account. Want the inside scoop? Compare options by looking up which schools serve a community and exploring their ratings on sites like Niche.com.

Take a Stroll

Couple walking around a downtown area

Now it’s time for some field research! Once you’ve picked some neighborhoods that seem like a good fit, go do some exploring—you’ll want to do more than just drive around, though. Get out of the car and take a stroll during different times of the day! This is a fantastic way to meet potential neighbors and see the condition of homes.

You’ll want to ask yourself some crucial questions during each visit. How well do residents maintain their homes? Do you see a lot of people outside, or does everyone seem to keep to themselves? Is there any common space or amenities you’ll want to use? This is the best way to picture yourself living in an area before actually committing to a home.

Narrow Down Your Options

Person listing out pros and cons in  a notebook.

If you don’t have a clear winner in your head after you visit each community, it’s time to down and weigh the pros and cons. You should also evaluate the market—there might not be a home for sale that suits your needs in the neighborhood you love, so consider all of your options.

If you have any other questions, be sure to reach out to a real estate professional. They’ll use their expertise to help you make an informed decision, and can also show you spots you might have missed!

Ready to Find the Neighborhood of Your Dreams?

Two women discussing real estate.

No matter where you are in your home search, we’d love to help make the process easier. We’ve got you covered, whether you’re still searching for the right community or are ready to look at homes. Give us a call today so we can chat—we can’t wait to be your local experts!

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.

Top 10 Features That Make Your Home Sell Faster

The first rule in home selling is to know your typical buyer. What most buyers would want to have in their homes is what will eventually sell it. How soon – this depends on how well it fits their needs. While you can’t fulfill everybody’s wishes, some features make your home sell faster than others.

What Buyers Want

You don’t have to get inside your buyer’s mind. Luckily, tips for selling a home are numerous and easy to find. They are based on surveys and statistics and are usually related to a specific market. While steam ovens and floor heating may be a good add-on to an upscale home, those upgrades simply won’t pay off for most sellers. What the majority of people want is a reliable, good-looking, practical, comfortable, and affordable home. The most common features that would make your home sell faster are

  1. Curb Appeal
  2. Ample Storage Space
  3. Sufficient Bedrooms
  4. Eat-in Kitchen
  5. Fresh Paint
  6. Energy-efficient Appliances & Windows
  7. Off-road Parking
  8. Renovated Bathrooms
  9. Hardwood Floors
  10. Modern Lighting

Start With Entrance

The first step to boost the appeal would be to declutter your home, which also applies to your yard if you have it. If the exterior of your house is impressive enough, only then the prospective buyer will come inside and check the rest. To sell your home faster, you need to show to your buyer that you took good care of your home. Nothing shouts good maintenance like a neat exterior. 

Outstanding curb appeal will make your home sell faster

You might not have enough space for a garden, however, even a small secluded patio with a pair of garden chairs or loungers and potted plants can create the feel of a cozy getaway that most new homeowners look for.

Room for the things

There aren’t many who can say that they have too much storage space. Those who need extra storage simply call Verified Movers and rent a storage facility but there is another option. With the help of experts, it is possible to create extra storage and exploit otherwise underutilized space. Additional space for belongings is especially important to families with kids because they have plenty of useful things they don’t want to dispose of even if they’re used only occasionally.

Walk-in pantry

In case there is enough extra space, usually 5×5 feet, creating a walk-in pantry in the kitchen is a big bonus. Non-perishables stored at the arms reach is something most would prefer. Even more so because they can save on the deals of bulk purchases. Walk-in pantries are affordable add-ons highly appreciated by families.

A kitchen with a walk-in pantry is a great asset

Walk-in closet

On the other hand, walk-in closets are added to master bedrooms and are perfect for empty-nesters in love with neatly organized apparel, jewelry, and accessories. This feature can be made as a part of the existing bedroom or placed in a separate, smaller room. Organizers and many shelving units are worth their price. Walk-in closets are perfect for couples who share storage space and are highly ranked among other features.

That extra bedroom

Nothing attracts buyers more than a cozy extra bedroom. A guest bedroom is best suited for loft space. After all, having a new bedroom in the attic is much better than blocking the garage. If you opt for the renovation of your loft space, consider adding a new small bathroom or at least a WC.

Hearth of your home

Making an eat-in kitchen would leave a good impression on families with children. Resurfacing cabinets and repainting walls is the least you can do to make your kitchen more attractive. A new trend and a highly popular and affordable one is adding lighting under cabinets. The effect is to give your kitchen depth and visually make the ceiling higher. 

There is nothing as attractive as new appliances so the first and most important on the list should be a fridge. Prospective buyers are impressed with spacious and clean refrigerators as this is the appliance they will use the most.

A new coat

The most affordable and yet the best investment is fresh paint. Repainting your walls and ceilings and adding a new coat on the outside leaves a good first impression. Natural lighting is one of the most beneficial features a home could have. Bright walls that reflect natural light will make space visually larger and have a good psychological effect on visitors. If you wish to attract buyers moving to Virginia from another state, for example, you should stick to neutral colors, appealing to many.

Energy-efficient walls, windows, and appliances

If nothing else makes people care about the environment it’s the savings they secure by installing energy-efficient windows, adding insulation to their walls and purchasing energy star rated appliances. Any of these features would greatly appeal to millennials. They are both environmentally and financially conscious. Keeping the heat inside will help them keep their cool, too.

Room for your car

It is difficult to imagine getting anywhere without a car nowadays and having an (at least one) parking slot is a big asset to a home. If your garage space has been repurposed, make sure that you keep at least one off-road parking slot. 

One of the first things buyers ask the real estate agents is if there’s a garage/parking space available. You too might need to hire a lawyer or a real estate agent if you’re buying a new property at the same time you’re selling. A garage can serve as additional storage and as such is indispensable.

Fresh & Clean

A tidy and crisp bathroom is a feature no one is immune to, and refurbishing one is a must. A bathroom is perhaps the only room in the house that is easy to look luxurious and impressive with a relatively small investment.

Hardwood floors

Hardwood floors are durable and lasting and as a feature, they appeal to everybody. And why not; they are easy to maintain and keep clean.

Interior and exterior lighting

Modern exterior lighting is an add-on that sets your house apart. While an exterior illumination boosts your curb appeal, interior lighting is an affordable feature that will make your home sell faster.

Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar, and in a timely manner. Pricing your home accurately, one of our area expert advisors 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 properties, please visit our website lakeofthewoodsvirginia.com

Golf Course LOT For Sale in Lake of the Woods, Virginia! 1315 Eastover Pkwy Offered at $32,000

Build your dream home on this golf course lot! Beautiful views of the 14th fairway and pond. Lot located in a Cul-de-sac. Come see what the lake life is all about in this gated, amenity filled, lake community. Enjoy your days golfing, boating, fishing, or dining at the Clubhouse! For more information about this lot, Click 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.

Build in Lake of the Woods! 105 Gold Rush LOT offered at $22,500 in Lake of the Woods, Virginia 22508

Build your dream home here on this quiet street close to the golf course! You’ll love the lifestyle: lakes, pools, golf, horse trails, Clubhouse, & so much more! 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, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, waterskiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking 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! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $100,000 to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods! For more info, click 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.

A man drawing a rising graph with a marker, representing recent real estate trends

August 2019 Monthly Statistics

In August, 35 homes sold in Lake of the Woods. 8 sold under $200,000; 8 sold between $200-250,000; 8 sold between $250-300,000; 7 sold between $300-400,000; 3 sold between $400-550,000; and 1 sold above $750,000.

64 Active Listings for Sale 
35 Homes Under Contract 
214 Homes Sold since January 1, 2019.

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.

Build in Beautiful Lake of the Woods! 1122 Eastover LOT offered at $20,000 in Lake of the Woods, Virginia 22508

Have you always dreamed of living at the lake? Well look no further, start drawing up the plans for your new build and let’s get this lake life started! 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, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, waterskiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking 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! Perhaps you’d like a game of bridge or volunteering your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $100,000 to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience why I love Lake of the Woods! For more info, click 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.

Wanna build in Lake of the Woods? Now’s your chance! 1350 Lakeview LOT Offered at $29,900 in Lake of the Woods, Virginia 22508

Build your dream home on this wooded lot in beautiful Lake of the Woods. This lot is across the street from a boat marina which provides quick water access for kayaking, fishing, or putting your boat in the water. Come see what lake life is all about in this private, amenity filled, lake community. Enjoy your days golfing, boating, fishing, or dining at the clubhouse or golf course. Definitely a must see! for more info, click here!

$29,900.00 1350 Lakeview Parkway; Locust Grove; VA 22508

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.

Student Housing Real Estate Guide

One of the most crucial traits that any successful real estate investor must possess is the ability to spot a good opportunity. And in a market as volatile as real estate is these days; that’s not always easy. Keeping your hand on the pulse of the latest real estate development trends is a complicated thing. But there is one strategy that is always consistent in its success: becoming a student landlord.

Obviously, most landlords don’t feel comfortable renting to people who have probably never lived by themselvesin their lives; which is certainly correct. But despite such legitimate concerns, if you invest in a university-adjacent property, you could actually net quite a tidy profit. On average, a house that’s near a college campus can give you profits almost 40% higher than the same house in a different neighborhood. That’s precisely why we’ve prepared a guide for you right here!

The Benefits of Investing in Student Housing

Let’s face it – millions of brand-new students enroll in universities each year, all over the country. That’s why college towns are actually one of the most certain real estate investments when it comes to residential rental properties. You’ll never lack demand, as campuses will provide a source of new tenantswhenever you need them. And all of that competition will drive rents higher, which is great for property owners. 

So, if you’re looking to shore up your retirement strategy and expand your portfolio as a real estate investor, this is a great opportunity for all that and some neat passive income that doesn’t require much input past the initial investment. Andif you’re an investor who can’t boast with a huge marketing budget, all the better! Being a student landlord means your tenants will basically find you. 

This is a good idea for people who want to sell their home in a college area and move somewhere else as well – a great way to enter the real estate game! Just calculate your moving expenses in advance, and use the remainder of your disposable income to spruce up the place. You’ll soon have college tenants knocking on your door. And then, instead of selling your home, you’ll have a constant influx of steady profit. 

Rental Demand

So, just how good is the demand when it comes to rentals in college towns? The official statistics show that you definitely won’t be wrong in renting out student housing, from that perspective. Two years ago, The College Board published a study dealing with the average life of an undergraduate student. And one of the interesting pieces of information is the fact that almost 45% of students don’t live on campus. Obviously, these numbers slightly differ between private and public universities, with more people living on campus in private universities.

So, before you decide to sell your propertyfor a tidy profit, consider renting it out long-term to college students, gaining a respectable source of steady income in the process. And if you’re scared that this trend of high demand in college areas will change over time, you can rest easy! Earlier studies show that this is a trend that has been one of the most consistent ones in the entire real estate industry, even throughout the mortgage crisis of 2008!

Sure, rental demand in college towns sees tiny fluctuations throughout the academic year, but college towns still produce a consistent stream of housing demand; not just from students, but from the accompanying staff and professors.This makes such areas extremely attractive for mid-range investors. 

High Rental Yield

There are quite a few reasons why real estate investors are attracted to such a rental niche, but the main one is simply that it pays consistently. With the constant high demand in mind, it’s no wonder that college rental properties don’t have problems generating quite a steady cash flow for their owners, at least compared to traditional rental properties. A lot of students simply choose to search for housing off-campus, as living on campus can prove to be even more costly than renting a home. 

You can predict a sizable return on investment compared to traditional rental investments! /alt: A graph representing rental finances. 

As a study from relevant industry sources shows, real estate owners who decide to invest their resourcesin a student housing property can actually hope for a return on investment that’s bigger than 10%. To give you some perspective on that – many real estate owners and investors believe that a return on investment that’s higher than 5% is a pretty sweet deal. 

Tenant Expectations

One of the toughest things with residential rental properties is managing tenant expectations. But when your tenants are students, that isn’t too big of an issue. Remember – most of these people haven’t lived by themselves anywhere before, or they have just lived in a dorm room. So, especially since these are mostly young people, they don’t expect the condition of the property to be as pristine as a suburban family that’s renting out the place might. You can save quite a bit of money on the property investment alone. Trust us, the quality of the flooring and the perfection of the paint job isn’t something you’ll have to think about when you’re renting out to students. 

Tenant expectations are much lower when they are students! /alt: A student reading a book in a library. 

Conclusion

As you can conclude, renting to students is not such a daunting proposition as it first seems. Sure, you need to be prepared to deal with younger tenants, but the constantly top-tier demand and solid return on investment you can achieve is definitely a tantalizing idea. 

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.

Gorgeous Home With Large Backyard in Louisa, VA! Now Under Contract!!

Cool, calm and sophisticated with a youthful edge, this functional home is enveloped in light and comfort. The floor plan encompasses three spacious bedrooms with plenty of room for study, sleep and storage, two bathrooms. A sleek and stylish kitchen with crisp white cabinets that flows through to the dining room. The master bedroom, complete with walk-in closet. The large back yard would be great for swing set, volley ball net, trampoline! For more info, click 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.