Archives: April 2022

624 mt pleasant, lake of the woods virginia home for sale

624 Mt Pleasant Dr, Lake of the Woods Virginia 22508 UNDER CONTRACT by Licata Group EXP Realty Real Estate Advisors!

Welcome to 624 Mt. Pleasant Drive! Abundant natural lighting enhances this home close to the front gate in amenity-rich Lake of the Woods! The spacious kitchen boasts gleaming granite countertops and eat-in dining area with double door access to the back deck is sure to be a favorite gathering spot! The upper level hosts 3 bedrooms for quiet retreats. The primary bedroom offers double closets and en-suite with a walk-in shower. In the lower level you will love the huge family room with wood-burning brick fireplace, a vast walk-in closet for storage and full bathroom and laundry room. This home has all you need for comfortable lake life!

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, water skiing, 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 $200,000+ 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 what’s to love in Lake of the Woods!

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 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, 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.

100 crystal ct, lake of the woods virginia home for sale

100 Crystal Ct, Lake of the Woods Virginia 22508 Home SOLD! by Licata Group EXP Real Estate Advisors

Welcome to 100 Crystal Court! Gleaming hardwood floors and bright lighting are throughout this well-maintained home. The elegance of the living room with a vast cathedral ceiling is the focal point of this home and the favorite room for the designer in you during holidays. An eat-in kitchen boasts ample counter space and cabinets sure to please the chef. Spacious bedrooms and main floor primary bedroom and en-suite bathroom is a haven for privacy and comfort. Upstairs you’ll find two more spacious bedrooms, loft area, and full bathroom. Relax and enjoy the beautiful lake weather with your favorite beverage in the screened-in porch or on the sunny deck. The rare find of this home is that it has a full unfinished basement with amazing amounts of potential flex space!

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, water skiing, 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 $200,000+ 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 what’s to love in Lake of the Woods!

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 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, 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.

103 pleasant grove lake of the woods virginia waterfront for salle 22508

103 Pleasant Grove, Lake of the Woods Virginia 22508 SOLD! by Licata Group EXP Real Estate Advisors!

Let’s get your lake life started! Bring your water toys and begin making memories! Whether you are looking for a primary waterfront residence, a weekend retreat, or to become a vacation rental host, 103 Pleasant Grove Rd., is the one! Boasting 75 feet of waterfrontage and high-speed internet, this 6 bedroom, 4 bath home has it all! You’ll love the fine features and recent updates that provide an immediate move-in or rental-ready experience! As you arrive, you will notice ample parking opportunities for family and guests. Stepping onto the front porch providing lake views, the gorgeous front door will catch your eye and is indicative of the quality you will find as you tour the home. Gleaming hardwood floors are found almost everywhere! Two separate living areas (each with fireplaces to warm those chilly nights), eat-in kitchen with quartz and stainless appliances, dining room with deck access, two bedrooms (including an expansive, amazing in-law/owner’s suite with full bath, sink and refrigerator), two bathrooms, laundry room befitting a lake house, and closets galore comprise the main level. As you ascend the stairs, you are presented with the upper level owner’s suite featuring a fireplace, sitting area, en-suite bath with soaking tub and separate shower, three additional bedrooms, and hall bathroom. And now for the waterfront experience…located in a cove with fabulous main lake views from the dock, you can swim to your heart’s content, launch one of your water toys, lounge in one of the seating areas, catch some fish, or sit by the fire pit enjoying your favorite beverage, all while taking in the expansive views! Let your waterfront adventure begin!

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, water skiing, 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 $200,000+ 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 what’s to love in Lake of the Woods!

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 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, 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.

205 Pine Valley, Lake of the Woods Virginia 22508

205 Pine Valley Rd, Lake of the Woods Virginia 22508 SOLD with Licata Group EXP Real Estate Advisors

Welcome to this gracious, beautifully crafted, and newly updated home in a peaceful neighborhood within walking distance of a scenic lake. Sit on the stone porch or large deck to enjoy the landscaped yard with stone walkways and new ornamental foliage designed to be low maintenance. Venture inside to spacious rooms with hardwood floors of gleaming oak and tile, a gas fireplace with a stunning stone surround, tray ceilings, and generously-sized windows for ample natural light. Eat and cook in the large kitchen with new quartz counters and sink, new stainless steel appliances, and a range in addition to a built-in oven. Enjoy pristine drinking water from the reverse osmosis filtration system. Plenty of storage in two pantries and a laundry room. Spacious and elegant primary bedroom with a huge closet containing multiple storage options. Charmingly updated en suite bath offers you the choice to soak in the large tub or use the oversized shower. Two other bedrooms with sizeable closets can be used for comfortable accommodations or an office/studio. Recently updated guest bath. Two-car garage, new roof, and a backup generator. Even a covered, fenced pen with a doggy door for your pet. Unique, tastefully appointed, and well-built home that is ready for you to move in!

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, water skiing, 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 volunteer 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 $200,000+ 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 what’s to love in Lake of the Woods!

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 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, 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.

20042 richmond turnpike milford va for sale

20042 Richmond Turnpike, Milford, VA 22514 SOLD by the Licata Group EXP Real Estate Advisors!

Welcome to 20042 Richmond Turnpike! You will be amazed at the luxury inside this hidden gem! Gorgeous laminate flooring throughout this bright and roomy open concept home. Relax in the vast living room by the cozy brick fireplace and stroll easily to the kitchen with all stainless steel appliances and brand new cabinets and granite counter tops. The Owner’s suite and en-suite bath will give you all the privacy in this split floor plan with the two other bedrooms and full bath satisfy the other wing of the house. The laundry and half bath are helpful and easy to get to when your in a hurry! Enjoy the great outdoors either in the huge screened in porch or the vast backyard with plenty of privacy and room to roam. This is one not to miss out on!

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 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, 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.

Gnarly Culpeper Block Party, Virginia April 30th, 2022

Culpeper Renaissance Inc is throwing Culpeper’s NEW Gnarly Neighborhood Block Party on Saturday, April 30th from noon – 12pm! This will take place in Downtown Culpeper’s Depot District and will feature local craft beer and cider for purchase along with wine for the wine lovers out there. The Judy Chops and the Will Overman Band will perform live music for all to enjoy while indulging in the food trucks, participating in the lawn games and other family fun. Lawn games will have prizes. Have the kids get their face painted or their caricature drawn! Advanced ticket sales are $15 and $20 at the door. Anyone under 21 is free to enter! Please no pets or coolers. Learn more about this event and future Culpeper events by visiting their website 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 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, 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.

Orange Uncorked Wine Festival Returns Mother’s Day Weekend!

The Annual Orange Uncorked Wine Festival is celebrating it’s 31st annual year!! Sponsored by the Market at Grelen, the Orange Uncorked Wine Festival is due to take place this year on Mother’s Day weekend, on both Saturday May 7th and Sunday, May 8th! It will take place at: 10325 Jacksontown Rd, Somerset Virginia 22972 from 10am to 5pm on Saturday and 11am to 5pm on Sunday. Be sure to mark your calendars and buy your tickets! Tickets range from $30-$50 per person while designated driver tickets and ages 13-20 are $10 per ticket and under 12 years old are free! Tickets purchased at the gate are $40 per person. What’s happening at the festival? There will be multiple wineries participating and sharing their vineyard wine tastings, live music and the 2nd annual mustache-beard competition. Must enter online to participate on the competition. There will be a variety of food vendors ready to provide you a tasty treat with your wine pairings. Both days will host live music and a hat contest! To buy tickets online, register for the beard/mustache contest or just to learn more about the event visit their website 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 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, 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.

Should You Be Worried About a Housing Bubble?

Key Takeaways:

  • Real Estate Bubbles: what are they, are we in one now, and why there’s no cause for alarm.
  • It’s natural to compare today to 2008, but this housing market is vastly different.
  • You can lean on our expertise! We’ve seen all types of markets, so reach out with questions.

With home prices soaring to levels never before seen, it is undeniable that the U.S. housing market is in uncharted territory, with many industry experts speculating that we’re in the midst of yet another housing bubble. However, like snowflakes, every bubble is created differently and is unique.

As mortgage rates rise and rumors of another crash in the housing market fill the news cycle, it may be tempting to get cold feet and postpone your homeownership dreams. But as we’ll explore below, it’s essential to understand the anatomy of housing bubbles, what causes them and why it’s a term you needn’t fear.

What exactly is a bubble within the housing market?

house property prices bubble of the investment loan interest rate on mortgage

In basic terms, a real-estate bubble is a temporary economic event that occurs periodically and refers to an increase in the overall value of the housing market. When a bubble grows, home values increase; when a bubble pops, property values decrease.

Simple enough, but, what causes the housing market to experience bubbles?

Traditionally, the Law of Supply and Demand dictate a property’s market value. For example, when the demand for housing is high, and supply is low, home prices often rise, typically resulting in a seller’s market. Conversely, when housing supply is high but demand is low, market values fall, resulting in a buyer’s market. However, additional factors such as speculative investing, FOMO (Fear Of Missing Out) panic buying, and risky lending (such as occurred in the 2008 Housing Crash) are all elements that influence the growth and burst of housing market bubbles.

Why you don’t need to fear housing bubbles

Loving young couple looking at dream house.

We can always count on the old axiom in real estate: “You can never enter the same river twice.” (Fun fact: Greek philosopher Heraclitus came up with that lasting gem!)

What is meant by this is that history does not strictly repeat itself, and for us today in the real estate market, that means that it’s not 2008. As mentioned above, though the market moves in cyclical fashions, most experts do not believe that The Great Recession is repeating itself in today’s market.

2022 is not 2008 repeating itself

Young woman holding home keys while hugging boyfriend in their new apartment after buying real estate.

The infamous U.S. housing bubble of the mid-2000s had its origins in the unprecedented growth of the subprime mortgage market. Additionally, U.S. government-sponsored mortgage lenders Fannie Mae and Freddie Mac made home loans accessible to borrowers with low credit scores and a higher risk of defaulting on those loans.

None of this is happening today.

The current market demand is not the result of easy lending. Instead, today’s rising property values result from the natural market forces of a low supply in housing inventory meeting high demand. But with new home construction expected to surge in the second half of the year, this will help ease demand in the future and stabilize the market overall.

Regardless of whether you’re selling your home or are a first-time homebuyer, the key takeaway for you is this: today’s high home values are not likely to crash any time soon, so it is as good a time as any to enter the market.

You Can Count on Us in Uncertain Times

If you’re feeling unsure about whether to buy or sell a home right now, reach out and rely on our expertise to guide you to make a sound financial decision. Our team has the experience and knows our local market, so contact us today and we’ll work with you to find the right strategy for your situation.

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 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, 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.

305 Happy Creek Rd, Lake of the woods virginia 22508 home for sale

305 Happy Creek Rd, Lake of the Woods Virginia 22508 SOLD by Licata Group EXP Real Estate Advisors

Welcome to 305 Happy Creek Road! This unique floor plan boasts beautiful hardwood floors throughout. A separate family room with its own entrance and fireplace is the perfect space for privacy and entertainment. The eat-in kitchen is perfect for meal prep with the adjacent formal dining room. The open concept dining room and living room has a beautiful bay window and French doors to the spacious side deck. You will love all the natural lighting! Speaking of natural lighting, the sunroom boasts all-glass doors for allowing the fresh lake breeze in! The primary bedroom has built-in shelves for a nice touch in this private room. The en-suite bathroom hosts a walk-in shower to make getting to work quick and easy. The two other bedrooms are roomy with nice bright windows for all the comforts of home. Custom-fit wood blinds adorn the windows for great insolation and privacy. Boasts a  large, one car, detached garage, this home offers spacious living inside and out and is one not to miss!

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, water skiing, 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 $200,000+ 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!

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 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, 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.

Picnic in the Park in Downtown Fredericksburg, Virginia!

Now that the weather has officially warmed up, kids and adults are ready to get out of the house and into the sun! Mark your calendars because the Fredericksburg Parks, Recreation and Events made sure to prepare with some fun spring activities. Their picnic at the park events held at Memorial Park, (1301 Kenmore Ave. Fredericksburg VA 22401) will have music and a diversity of children activities, complete with free admission. Bring your own picnic or buy one from the park vendors in attendance. Come out and enjoy the sunshine with your kids, friends and coworkers. On Tuesday, May 3rd will be Garden Day with Laurie Rose Griffith and Peter Mealy. Tuesday, May 10th is Bring Your Pet Day with Sunset Syndicate. Tuesday, May 17th is Wizard of Oz Day with Harry Wilson Jazz Quartet. Tuesday, May 24th is Prince and Princess Day with Spanglish. Tuesday, June 7th is Ice Cream Day with Karen Jonas. Tuesday, June 14th is Flag Day with Colebrooke. Tuesday, June 21 is Selfie Day with Johnny D and the Lowriders. Tuesday, June 28th is Beach Day with Bill Carroll.

These events are sponsored by: B101.5, Fredericksburg Parent & Family, Holy Cross Academy and Fredericksburg Christian School. Visit their website here for any additional information.

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 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, 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.