Welcome to 11 Basalt Drive! If you are looking for a home with private access to Lake Moony, this is the one! Gorgeous hardwood floors throughout this 5 bedroom home. Full of natural light, you will breeze through each room with ease. This home has room to spare, from the large bedrooms, to the basement rec room, to the backyard where you can take in all the wonder nature provides. Comfortable and sizeable, your family & friends will love making memories with you. The full basement with a kitchenette has a walk-out to the expansive backyard on the beautiful stone pathway as you make your way to the lake. Lake life here couldn’t be better! This one is sure to go FAST!
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.
Home values are rising faster than inflation, making homes a prized asset
This housing market offers unique opportunities for buyers and sellers
Contact us today to secure your assets and safeguard your future!
The state of real estate and inflation
As inflation soars to near 40-year highs and raises the cost of everything, many are looking for innovative ways to secure their assets against inflationary losses. Additionally, given the housing market’s recent volatility (primarily driven by historic low levels of housing inventory that have caused an imbalance between supply and demand), it’s understandable that many might consider real estate to be a wrong or risky move right now. But the great news is that nothing could be further from the truth. Let’s explore how and why buying or selling a home can safeguard you against inflation.
The housing market can protect you from inflation
Real estate remains a stable area for investment and profit realization because a home’s value does not increase in relation to currency; it increases based on demand. So if you’ve been holding back from buying because of today’s market pressures, consider that inflation is up even more than mortgage interest rates, making it a smart move. Similarly, if you’re considering selling, the demand for housing has never been greater, which is terrific news for anyone looking to cash out their equity to hedge against inflation.
Buying a home: by the numbers
Let’s take a look at some numbers. Experts estimate that Americans face an annualized inflation rate of around 15%. Considering that, the current 5% mortgage rate is a bargain for homebuyers in the short term. Moreover, you’re securing an asset that, over time, will increase. And, as you pay down your mortgage, even at 5%, your equity will continue to grow.
Selling a home: by the numbers
It’s no secret to homeowners that their home equity values have grown over the last couple of years. According to research firm Black Knight, at the end of 2021, Americans were sitting on record-high home equity levels of approximately $9.9 million. So if you’ve noticed homes in your neighborhood selling above their listing price and you’ve been on the fence about selling yourself, now may be a good time to cash in on this opportunity.
Both buyers and sellers can make tremendous gains
In a hot housing market where home inventory is low, competition is fierce, and home equity values are at all-time highs, buyers and sellers can start to feel overwhelmed. But don’t despair: an increase in mortgage rates isn’t stopping homes from selling quickly, nor is it preventing home equities from appreciating. For example, according to the National Association of Realtors (NAR), properties remained on the market for just 17 days in March, with many going for over the asking price!
With more buyers than sellers today, current homeowners looking to sell to fight inflation have the advantage of likely bidding wars, resulting in greater profits and fast-moving homes that don’t stay on the market for very long. For those looking towards homeownership to protect their assets against inflation, reassurance comes from knowing that demand is expected to outpace supply for the foreseeable future, meaning that home equities will continue to rise. And if inflation continues, fixed-rate interest rates will drop again, creating the perfect opportunity to refinance your loan.
Get Ready to Make Your Move
The first step to buying and selling is crunching the numbers. Our team will help you find the real, up-to-the-minute value of your home using the latest microdata and neighborhood trends. Then, we’ll work with you to figure out the best strategy to shelter your investments and assets from inflation. Contact us today!
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
It’s time to break out the fishing poles and bait buckets for the 23rd Annual children’s Fishing Tournament that is being held by the Lake Youth Foundation! Tournament day is Saturday, June 18th from 9am – 11am and will be held at the front entrance pond. Children ages 5 to 14 years old are encouraged to participate! Registration beings today, May 13th, 2022 and ends on June 15th, 2022. Limited space is available to hurry over to lakeyouth.orgto register before spaces are reserved. They will not allow registration the day OF the event. Check-in will begin at 8am on tournament day. Participants and their families will be served snacks and drinks immediately following the tournament, followed by an awards ceremony at 11:30 AM. If your child needs a rod and reel to participate or you have any questions, please contact Terry Hileman by phone at 540-972-8634 or emailing: Info@lakeyouth.org. Have fun fishing!
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.
You will LOVE all the details of this spacious Lake of the Woods home featuring gleaming hardwood floors, chair rail, crown molding, a main level bedroom, and an unfinished walk-out basement! The incredibly spacious kitchen will please the chef and even has a stairway to the primary bedroom for those late-night cravings or for a sneaky special breakfast! Gorgeous granite countertops and island are perfect to accommodate numerous chefs. The fabulous eat-in kitchen leads out to the back porch for all the privacy you crave! Spacious, comfortable bedrooms abound on the upper level, as well as the primary suite and en-suite bath. The unique spaces for book nooks or relaxing sunspots make this well-kept home unique and will be the talk of all your family & friends! Let your imagination run wild in the lower level! Definitely a home 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 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.
Welcome to 1229 Lakeview Parkway! Why wait for new construction??? Abundant natural lighting and gleaming hardwood floors enhance this two-year-old, better-than-new, 4+ bedroom home in amenity-rich Lake of the Woods, providing more than 3000 sq ft of finished excellence! The spacious family room and adjoining kitchen are sure to be a favorite gathering spot for family & friends. The kitchen boasts gorgeous granite countertops, a generously sized island, and an eat-in dining area with access to the spacious backyard. The upper level hosts four bedrooms for quiet retreats, including the spacious primary bedroom offering an en-suite bath with a walk-in shower, a luxurious soaking tub, and a huge walk-in closet. Not to miss is the fantastic finished basement! This quiet, private space provides ample flex space with two electric fireplaces surrounded by stone. These focal points are impressive as well as functional. Let your imagination run wild with this fabulous space! A bonus not to code lower level fifth bedroom offers extra flex space as well as a full bathroom. Close to Sweetbriar Park, Hollyfield Park and Cornwallis Beach, this home has all you need for comfortable lake life!
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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.
You’ll be impressed by this gorgeous home offering a truly grand entrance! Gleaming hardwood floors and fine wood trim define the quality of this custom, one-owner home. The grand family room boasts a cathedral ceiling with a cozy floor-to-ceiling fireplace and skylights, while the eat-in kitchen with island (leading to the sunny Florida room) is perfect for all the recipes you’ve been wanting to try! Enjoy the sought-after main-level primary bedroom suite and en-suite bath. The upper level boasts spacious bedrooms and a separate storage room/utility room. This immaculate home 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 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.
Gail Sihilling Samuel Hall Connie & Richard Evans Deborah, Chris & Terri Dungan Garcia Andres Vern & Barbara Rocke Cindi Dalton Vern & Barbara Rocke Cameron & Rebekah Motley Heath Frost Sam & Carrie Walser Kathy Cabana John Willhide Emily & Jeremy Bonnette Zachary Jacobsen Eric & Lauren Rossen Mary Baker
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.
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.
Each year, Americans spend the Memorial Day long weekend relaxing with friends and family and ushering in the summer months. However, while the holiday is often treated in a celebratory manner, its true purpose is to honor and commemorate all those who have lost their lives while serving their country in conflicts both at home and abroad.
As you observe Memorial Day this year, here are some interesting and lesser-known facts to keep in mind:
– It was originally called Decoration Day. The traditions surrounding Memorial Day began in the wake of the Civil War, which claimed the lives of over 600,000 soldiers. After the war, veterans in both the North and the South would decorate the graves of their fallen comrades with flowers. In 1868—three years after the Civil War ended—veteran John Logan established Decoration Day to be recognized on May 30. On that day, people would be encouraged to continue the tradition of placing flowers on the graves of their lost loved ones. In fact, the reason why Logan chose May 30 was that flowers would be in full bloom by that time. The first official National Decoration Day ceremony was held at Arlington National Cemetery and presided over by General Ulysses S. Grant.
– Memorial Day was not an official holiday until 1968. By the 1960s, the holiday had come to be known as Memorial Day rather than Decoration Day, and was intended to commemorate Americans who had sacrificed their lives in all the country’s wars, rather than just the Civil War. However, despite the prevalence of Memorial Day events and ceremonies across the country, it was not recognized as an official federal holiday until the passage of the Uniform Monday Holiday Act in 1968. This Act also established several other American holidays to fall on Mondays, including Labor Day, Veterans Day, and years later, Martin Luther King Jr. Day.
– Memorial Day is one of the few days when flags are ordered to fly at half-staff. Specifically, the proper etiquette for anyone flying an American flag is to raise it quickly to full-staff, then slowly lower it to half-staff until noon, when the flag should briefly be raised to the full-staff position once again to serve as a salute for those who have fallen in the line of duty. In addition, at 3 p.m. local time, Americans are asked to pause for one minute to silently pay their respects.
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.
Even if you locate a condo that precisely suits your budget and meets your requirements, there is sometimes a lingering sense of insecurity that will make you wonder if that condo is really “the one”. Believe it or not, you’re not alone as this is quite common and with good cause. After all, you don’t want to make a costly error while purchasing a condo, especially if you’re a first-time homebuyer. It’s not only your biggest financial investment, but you’ll be living in it for years. That’s why it’s important to recognize signs you’ve found your perfect condo. Further in this post, you’ll find out what you should pay attention to when shopping for your new condo.
Clear signs that say you’ve found the perfect condo
As you undoubtedly know, finding “the one” is difficult, especially when you’re in the process of buying a home. Studio or one-bedroom apartment? Modern finishes or natural light? Hardwood or tile floors?
Your real estate agent will present you with many great options, and you’ll avoid feeling overwhelmed if you know what signs to pay attention to.
Finding the condo of your dreams might be difficult with so many options available. Fortunately, there are a few telltale signals that you’ve located your perfect condo. Continue reading, and you might realize that you have already found “the one.”
It gives out a homey feel
The first thing to pay attention to when looking for a condo is the way it makes you feel. You want to find a place you feel comfortable and homey, especially if you’re moving to a new hometown and didn’t get a chance to familiarize yourself with the place. Spending time in a new condo that already feels like home will make this transition easier for you.
The proper condo will entice you in and make you feel at ease. It will instantly make you want to relax in the living room or have a conversation with your real estate agent in the dining room. Going into the bathroom is not at all weird. Indeed, you may have caught yourself opening cabinets or admiring the room. The condo simply feels comfortable and homey. Could this be the right one?
It fits your budget perfectly
No condo is right for you unless it perfectly fits your budget. So when considering which condos to take a look at in person, start by reviewing your budget and knowing how much you can afford. It doesn’t make sense to invest in an expensive home with all the latest amenities if you can’t afford it. It simply doesn’t fit your lifestyle.
To avoid disappointments, scratch off any alternatives on your list that are way out of your price range, as none of those will be the right condo for you.
Don’t be disheartened if you happen to find a gorgeous place that’s just over your budget that you simply adore. You still have a few choices. For starters, see if you can work out a better price. Or decide to decorate on a budget and invest in cheaper furniture. You might be able to cozy up the place easily while staying within your budget.
The condo sets the bar for all other condos
When you find the perfect condo, you’ll realize that you keep returning to it throughout your search. You go to one open home and admire the living room and kitchen design, but you notice that the layout isn’t as excellent as the one you saw earlier. That condo set “the standard.”
It’s in a perfect location
If you’ve found a condo in a fantastic location that perfectly suits your lifestyle, it could be that you’ve found “the one.” If you’re a homebody who enjoys peace and quiet, for example, you’ll probably prefer to look for apartments in more suburban locations.
On the other hand, if you prefer to be in the thick of things, a thriving downtown neighborhood can be right up your alley. For the added convenience of having restaurants and entertainment within walking distance, you might be ready to compromise on things like assigned parking or square footage. So if you feel like you’ve found an ideal location, perhaps you‘ll overlook minor flaws and realize that you’ve found your perfect condo.
Your perfect condo is just the right size
The most amazing condos aren’t always what you need right now in your life and don’t always fit your lifestyle. It’s easy to get caught up in the thrill of discovering the perfect apartment in the nicest neighborhood, but don’t forget about the space.
On the other hand, if you found a condo that’s just the right size and with a great layout, it might be worth sacrificing and moving to a slightly less desirable location. It can be tough to find a condo that ticks all of your boxes. So if you’ve found a place with the right size and within your budget, don’t think twice about it.
It simply feels right
Sometimes, you simply know that something is right for you. If a condo appeals to you right away, it’s an indication that it might be the right one for you. Try to imagine yourself living your daily life in that place. Is everything going to work out, or will you have to make some adjustments to your daily routine?
When you find the right condo, your gut will make sure to send you a sign.
If just the thought of living there makes you happy and your life seems easier, it’s probably the one. However, don’t let love blind you to the price tag. Remember, it’s critical to ensure that your new home fits into your budget in the long run.
Pay attention to these signs, and you’ll know you’ve found your perfect condo!
And that’s it—it all comes down to listening to your gut and paying attention to those subtle signs. Of course, the safest way to go is to get in touch with an experienced Realtor® who’ll guide you on your real estate journey and make sure you’ve found your perfect condo.
Meta description:
Buying property is a significant investment, and you want to be sure you have found the right one. Read on for signs you’ve found your perfect condo.
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.
