Category Archives: Lake of the Woods VA Real Estate

104 Tyler Trail, WATERFRONT in Lake of the Woods, Virginia 22508 SOLD by the Licata Group Exp Realty LLC!

Imagine the memories you’ll make with family and friends as your waterfront adventure begins with 267 ft of your very own shoreline! Perfectly situated on a peninsula with lake access on three sides and boasting spectacular views from every direction and from every window in the home, this premier, contemporary home featuring many energy-efficient features is sure to please. A dock with boat lift and jet ski lift, extensive decking, two screened porches, and a home that is incredibly spacious will makes this one “the one!” You’ll love spending your days at the dock either relaxing or floating on a raft, jumping in the water or onto your watercraft of choice. Two screened porches and decks provide endless opportunities to enjoy the outdoors in addition to the fabulous dock area. Once inside, you are welcomed by hardwood floors, two fireplaces to keep you warm on chilly nights, and the open feel of this home that offers four expansive bedrooms. The abundant Anderson windows add to the lake house feel and maximize your fantastic views. The lower level provides a second, independent living area (complete with washer and dryer, full kitchen, living room with fireplace, bedrooms and full bath) that would be an amazing in-law-suite or is simply perfect for lake guests. Enjoy the lifestyle of living on vacation every day at home!

A private, gated 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 the $200,000s 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.

110 Cumberland Cir, Lake of the Woods, Virginia 22508 NOW SOLD!!

Welcome to 110 Cumberland Circle! This well-maintained waterfront home is perfectly nestled among the trees on Keaton Lake, so grab your fishing pole, kayak, or camera, and let’s get this lake life started! You’ll fall in love as soon as you turn into the tree-lined driveway, providing privacy from the road. The landscaping, walking path down to the lake, screened porch, expansive deck, and the abundance of privacy will make this one “the one” prior to even stepping inside…but wait until you do! Once you enter, the foyer and incredibly spacious living room with fireplace which flows so easily into the kitchen will impress. A main level owner’s suite with en-suite bath will sure to please. The lower level boasts a large family room, two additional bedrooms and a full bath. That’s not all, you also have two storage rooms and a workshop. Imagine sitting on the screened porch and listening to nature serenade you.

Located in Lake of the Woods, a private, gated, secured community that 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 the mid-$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.

Best Home Upgrades for the Fall

Fall is the season that carries the meaning of warm and cozy. Experts say it is the perfect time for renovating and falling in love with your home. To do so, it would be good to make a priority list of all the projects you want to tackle to make your home ideal. But, even if you want to find some of the best home upgrades for the fall to increase your home’s value and make it attractive to potential buyers, this article is suitable for you too. We have created a list of various projects to choose from, depending on your time and budget. The projects you are about to read range from minor maintenance to major upgrades. Either way, we are sure you will find something that suits your family’s needs and desires.

Which are the best home upgrades for the fall?

Once you decide to renovate, the thrill and excitement start. However, once you get down to business, you realize how many steps you need to take to make your wishes come true. It’s essential to bear in mind that it’s normal to start feeling anxious or pressured.

The key to successful remodeling is to be prepared and organized. Of course, you can make a list of priority tasks you want to do, but it would be good to make a step-by-step list to follow to ensure a smooth process. For example, if you plan on remodeling your living space, you should consider getting a portable storage unit to give you extra space where you need it. This way, you will remove all the things in the way while still being able to access them. 

Finally, let’s take a look at some of the best home upgrades for the fall.

  • Exterior accessories upgrade
  • Front door repainting or replacement
  • Painting the exterior
  • Power washing
  • Gutter cleaning
  • Roof repair
  • Deck refreshment
  • Switching to a thermostat
  • Heated flooring in the bathroom

Upgrade your exterior accessories

Your exterior is the first thing you or anyone sees. So, if you always think of that one light bulb not working above your front door, now is the time to replace it. Additionally, paying attention to your lighting when staging your home is a good idea if you are looking to sell your house.

house number 216
Small, but still, one of the best home upgrades for the fall. Update your mailbox and home number.

House numbers and mailboxes are also small things worth upgrading. It would be best to have your exterior accessories matching in material and color. 

Replace or repaint your front door

Replacing the front door will give you peace of mind knowing you and your family are safe. It will also give your entrance much-needed flair. 

The easiest and more cost-efficient way is to repaint your front door. The best thing of all is that by doing so, you can make your home stand out in just one afternoon.

Painting your exterior is one of the best home upgrades for the fall

If your house could use a fresh coat of paint, go for it. This is especially important if you want to sell your house in the near future. Painting your home’s exterior will do wonders for curb appeal. So, before you call the experts from Zippy Shell Northern Virginia to help you relocate, pick up the paint rollers and put on some clothes you don’t mind staining!

Another thing you might want to consider if you are not a fan of painting is to install new siding. By doing so, you will boost your home’s curb appeal and durability.

Power wash the exterior

Your exterior might need a good and thorough power wash. Numerous materials, such as brick, concrete, wood, metal, vinyl, are surfaces that you can power wash. With that said, it would be best if you used less pressure on painted surfaces.

Clean your gutters

This is a step that often tends to be neglected. However, it shouldn’t, since your gutters work hard during fall and wintertime. 

cleaned gutters on a white roof
It’s best to clean your gutters before it gets too cold.

Snow and winter can be hard on gutters, so it would be best to have a routine inspection twice a year. Also, pay attention to any cracks or holes that need to be fixed before the cold weather arrives.

Repair your roof

Repairing or even replacing your roof during fall will make your home’s insulation better, and therefore lead to lower heating costs. 

rain falling on a roof
A functional roof gives anyone peace of mind.

Another advantage of repairing or replacing your roof is that it enhances curb appeal. Potential buyers will be more attracted to a home with a new and secured roof. On the other hand, buyers might try to negotiate a lower price if your roof needs repairs.

Refresh the deck

You can revive your deck by simply power-washing and hand-scrubbing it, which will make it seem like new. You should then go ahead and add a protective coat of semitransparent paint. 

two friends sitting on sofas on the deck
A deck is a place that gathers family and friends, don’t neglect it.

Switch to a thermostat

It might be time to switch to a thermostat and lower your energy bill during colder months. Digital thermostats can lower your bills to up to 180$ a year. The best thing is there’s a variety of models to choose from. For example, there are simple versions that only control heat and can be found for a price of 25$. Also, there are more complicated units that control humidifying and cooling too. 

Install heated flooring in your bathroom

Heated floors keep you and your feet warm, especially during colder months. We can agree that no one likes walking into a cold bathroom in the morning or stepping on a cold floor after a hot shower.

a bathroom with heated flooring
Heated floors are cozy and energy-efficient.

The takeaway from best home upgrades for the fall

The end of summer is just around the corner. Use this in-between time to take up some of the best home upgrades for the fall to make your home cozy and secure or give potential buyers what they want to see. Good luck!

Meta description: If you are looking to raise the value of your home or simply spruce it up, read on. Here are the best home upgrades for the fall!

Photos used:

https://www.pexels.com/photo/two-women-sitting-on-sofa-238385/

https://www.pexels.com/photo/photo-of-roof-while-raining-2663254/

https://www.pexels.com/photo/red-helmet-on-white-wooden-fence-8853521/

https://www.pexels.com/photo/modern-bathroom-interior-with-freestanding-tub-6207947/

https://www.pexels.com/photo/216-number-2053903/

https://www.pexels.com/photo/apply-blue-brush-carpentry-221027/

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.

August 2021 Lake of the Woods Monthly Market Stats

In August, 33 homes sold in Lake of the Woods.
1 sold between $130-199,999;
2 sold between $200-249,999;
7 sold between $250,000-299,999;
12 sold between $300-349,999;
8 sold between $350,000-399,999;
3 sold between $400-499,999;
0 homes sold over $500,000;

28 Active/Coming Soon Listings for Sale
48 Homes Under Contract
241 Homes Sold since January 1, 2021.

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

344 Yorktown Blvd, Locust Grove, VA 22508 now SOLD by the Licata Group EXP Realty LLC!

A day relaxing at the pool or playing at the park is a mere 1 1/2 block walk from this totally renovated Lake of the Woods home! New roof, new HVAC, new flooring, new light fixtures, fresh paint inside and out, and huge covered porch await! You’ll love the bathroom finishes and closet space too! The location between front and back gates also allowing easy community access, in addition to proximity to the Sweetbriar complex (pool, park, Community Center, soccer fields), and the renovations, make this one the one!

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.

102 Tallwood Trail, Lake of the Woods, Virginia 22508 Now SOLD!!

Overlooking the golf course 13th hole, this immaculate, move-in-ready, light and bright rambler is picture perfect! You’ll love the open floor plan, an inviting sunroom, and a wonderful covered deck. Enjoy relaxing the days away enjoying the views or walk to the course. A spacious kitchen offers new upgraded appliances and oodles of counter space, and the family room boasts skylights, vaulted ceilings, and a brick fireplace for those cool nights. The owner’s suite features a walk in closet and en-suite bath. The backyard is level, inviting and wooded.

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 $150,000+ 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.

Save the Date! Lake of the Woods VA Fall Open House: Sunday, October 3rd!

The long-awaited Lake of the Woods Realtor’s Open House will return this Fall 2021!

On Sunday, October 3rd from noon to 4:00 P.M. guests will be able to visit the Clubhouse at Lake of the Woods to see ALL the featured participating houses. Waterfronts, non-waterfronts, and even lots for sale will be included during this open house extravaganza. The various homes, that will be open for viewing, typically range from $150,000 to over $1,000,000. If you have been thinking about selling your house, THIS is the PERFECT opportunity for mass exposure, as this open house attracts over 150 visitors!! Contact us NOW to get your home ready! 540-388-2541

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. $150/month and low taxes in Orange County, you can’t beat it!  

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 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

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.

1006 Lakeview Pkwy, Lake of the Woods, Virginia 22508 now RENTED!

Welcome to 1006 Lakeview Pkwy! One level living close to the front gate and Harper’s Ferry beach. You will love the spacious family room with a fireplace for those chilly nights. The kitchen boasts oodles of cabinets, counter space, a center island, and access to the deck. Enjoy relaxing on the deck with your favorite beverage. Immediate Occupancy. Credit scores to apply need to be 600 or above!

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.

July 2021 Lake of the Woods Monthly Market Statistics

In July, 30 homes sold in Lake of the Woods.
0 sold between $130-199,999;
1 sold between $200-249,999;
5 sold between $250,000-299,999;
8 sold between $300-349,999;
9 sold between $350,000-399,999;
3 sold between $400-499,999;
1 homes sold over $500,000; 2 home sold between $700,000-$900,000;
1 home sold over $1million!

40 Active/Coming Soon Listings for Sale
49 Homes Under Contract
206 Homes Sold since January 1, 2021.

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

3 Charts That Show This Isn’t a Housing Bubble

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006 (869). Today, the index stands at 130. As an example of the difference between today and 2006, let’s look at the volume of mortgages that originated when a buyer had less than a 620 credit score.

Dr. Frank Nothaft, Chief Economist for CoreLogic, reiterates this point:

“There are marked differences in today’s run up in prices compared to 2005, which was a bubble fueled by risky loans and lenient underwriting. Today, loans with high-risk features are absent and mortgage underwriting is prudent.”

2. Homeowners aren’t using their homes as ATMs this time.

During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).

Today, homeowners are letting their equity build. Tappable equity is the amount available for homeowners to access before hitting a maximum 80% combined loan-to-value ratio (thus still leaving them with at least 20% equity). In 2006, that number was $4.6 billion. Today, that number stands at over $8 billion.

Yet, the percentage of cash-out refinances (where the homeowner takes out at least 5% more than their original mortgage amount) is half of what it was in 2006.

3. This time, it’s simply a matter of supply and demand.

FOMO (the Fear Of Missing Out) dominated the housing market leading up to the 2006 housing bubble and drove up buyer demand. Back then, housing supply more than kept up as many homeowners put their houses on the market, as evidenced by the over seven months’ supply of existing housing inventory available for sale in 2006. Today, that number is barely two months.

Builders also overbuilt during the bubble but pulled back significantly over the next decade. Sam Khater, VP and Chief Economist, Economic & Housing Research at Freddie Macexplains that pullback is the major factor in the lack of available inventory today:

“The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes.”

Here’s a chart that quantifies Khater’s remarks:

Today, there are simply not enough homes to keep up with current demand.

Bottom Line

This market is nothing like the run-up to 2006. Bill McBride, the author of the prestigious Calculated Risk blog, predicted the last housing bubble and crash. This is what he has to say about today’s housing market:

“It’s not clear at all to me that things are going to slow down significantly in the near future. In 2005, I had a strong sense that the hot market would turn and that, when it turned, things would get very ugly. Today, I don’t have that sense at all, because all of the fundamentals are there. Demand will be high for a while because Millennials need houses. Prices will keep rising for a while because inventory is so low.”

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.