The Lake of the Woods Lioness Club will also be hosting a non-profit fundraiser at Graze Steakhouse on March 4th, from 4:30 PM – 8:30 PM. Graze will donate 10% of all food, and alcohol sales from the night, including curbside, delivery, dine-in and gift cards!
Be sure to save the date!
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.
The Orange County Chamber of Commerce, Orange Tourism, and LoveOrangeVirginia is proud to bring you their First Annual Restaurant Week!
From February 19th-28th, you are invited and encouraged to celebrate the local restaurants within orange county, and enjoy all of the amazing culinary talent that Orange County has to offer!
For updates, a list of special menus, and more surprises, be sure to Click Here to visit the official website!
The Lake of the Woods Lioness Club will also be hosting a non-profit fundraiser at Graze Steakhouse on March 4th, from 4:30 PM – 8:30 PM. Graze will donate 10% of all food, and alcohol sales from the night, including curbside, delivery, dine-in and gift cards!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com
Welcome to 20233 Mountain Track Rd! If privacy is what you crave then this beautiful home is the one! Perfectly situated on two acres where you can watch the deer graze and the birds sing. Once inside you will love all the new flooring and spacious light-filled living room with a fireplace to keep you warm on those cold nights. The kitchen is perfect with plenty of counter space for cooking and baking, and you will love the breakfast bar and dining area. The owner’s suite is spacious with multiple closets, an en-suite bath boasting double vanities, a soaking tub to melt the day away, and a separate shower. Enjoy sitting on your deck taking in all the sounds of nature and grateful for all the privacy. Plus the detached oversized 1 car garage and two-car carport are a bonus making this home in the country the one! For more information on 20233 Mountain Track Road, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com
Welcome to 111 Fairway Drive, located close to the main gate and overlooking the 18th hole will make this the one. You’ll love the gleaming hardwood floors, open floor plan, and updated finishes! The living room flows effortlessly into the dining room boasting a cozy fireplace and built-ins. Imagine an upgraded kitchen that provides room to spread out. The spacious and inviting owners suite with updated en-suite bath is sure to delight. Additionally, there is flex space that will make a perfect office, classroom, or craft room. That is not all… you will enjoy relaxing the days away in the sunroom, screened porch, or deck while enjoying the view. If you’re in the mood for a great breakfast or lunch, Fareways Cafe is just a few steps away as well as the Golf Pro Shop. 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.
Welcome to pristine 21468 Glebe View Drive, an elegant and stately home in sought after Broadlands, where pride of ownership throughout is most evident! You will be delighted when you arrive by the curb appeal and lush yard…and that’s just the beginning of how fabulous this home really is. As you enter, you immediately notice the two story foyer with sweeping staircase and gleaming hardwood floors. Perfectly situated off the foyer is a formal living room with ample windows, creating a bright and airy feel that flows so effortlessly into the formal dining room, separated by stunning architecture. The gourmet kitchen shines with upgraded stainless steel appliances, granite counters, a large island, and eat in area.
You will be wowed by the gracious family room with floor to ceiling stone fireplace. The study/office completes the main level with french doors, and plenty of light. The owner’s suite is one of grandeur with it’s generous size, walk in closet and tray ceiling. Luxurious best describes the owner’s bath with soaking tub, vanities, and you will feel like you are at a spa. The upper level boasts three additional bedrooms and another full bath. Entering the lower level, you will be impressed by the recessed lighting and abundance of windows that create the main level feel. The incredible bar with no expense spared, family room and game area will make entertaining a breeze. Your spectacular expansive deck open to a beautiful tree lined yard. These will be favorite spots for entertaining or relaxing! Again…welcome home! For more information on 21468 Glebe View Drive, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com
Welcome to 44913 Widgeon Place, located in a cul-de-sac offering a quick drive to Patuxant Navel Air Base. This beautiful colonial is nestled between the Patuxant and Potomac Rivers with close access to the Chesapeake Bay. As you arrive, you will immediately notice the fabulous front porch. Imagine relaxing with your favorite beverage or book. Upon entering, you are welcomed by gleaming hardwood floors, an open floor plan, and a stunning stairway. You will love cooking in this spacious kitchen with upgraded appliances and a pantry to die for!
The flow from the kitchen, dining area and family room will make entertaining or everyday living a breeze. The upper-level owner’s suite is sure to delight with the vaulted ceilings, space to spread out, and an en-suite, spa-like bathroom! The upper-level boasts a landing with quaint sitting area that would be perfect flex space and three additional bedrooms. The outdoor living area includes an awesome deck that will accommodate incredible backyard barbecues and a yard that is ready for your garden or swing set or both! Welcome home! For more information on 44913 Widgeon Place, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com
The father of our country is turning 289, and Ferry Farm is inviting you to celebrate with them! Visit George Washington’s boyhood home on February 15th and celebrate with the whole family from 10AM – 4PM. Guests will be able to engage with archeologists, historians, curators, and various other experts as you learn the history of Ferry Farm and the Washington family. Rumor has it that General Washington himself will be making an appearance to talk about his life growing up on the farm. The annual stone-throwing competition will also take place! It’s only $5 for adults to attend, and children 17 & under get in for free. Purchasing tickets in advance is required, and guests are asked to wear masks and maintain proper social distancing. Credit for the photo goes to the George Washington Foundation. For more information about the event, be sure to Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Northern Virginia, 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 licatagroup.com
Welcome to 207 Madison Circle! The first thing you will notice is the water views from your front door! This solidly built home is full of light and offers flex spaces on both levels. You will love the spacious living and dining areas, along with three bedrooms (one with attached bath as main floor primary) and flex space (classroom or office, perhaps?) on the main level. The upper level boasts either a private guest suite with en-suite bath or second owner’s suite with upper deck access, which would also make a great classroom or private office! Relax on the other spacious deck and enjoy the sounds of nature while you overlook your private, deep (246+ feet), level, tree lined backyard. Wait…there’s more….. an oversized one car detached garage with workshop space offering its own entrance, and a shed. Even though this home is being sold “As Is,” don’t let that fool you! You are already starting out with equity! For more information on 207 Madison Circle, 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.
The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2020. Listings decreased by 11.6%, from 397 in 2019 to 351 in 2020, while closed sales were up 4% from 301 to 313. New construction accounted for 34 of the 313 sales. The median sold price increased a healthy 7.87% year over year from $270000 to $291,250 in 2020.
Of the 313 total sales reported in 2020, only 8, or 2 1/2%, were either short sales or foreclosures. At the height of the distressed real estate market in 2010, a whopping 43% of all sales were either short sales or foreclosures.
Now let’s look at our steady growth over the past five years:
In 2017, there were 291 total sales, a whopping 21.7% increase over 2016 at 239. The median sales price climbed to $239,000.
In 2018, 234 homes sold, which was an 8% decrease from 2017. The median sales price rose to $249,900. In 2019, we realized a 28.63% gain in homes over 2018, with a total of 301 selling.
Average Days on the Market (DOM), which is the number of days it takes from the time a property is listed until it goes under contract, has steadily declined from 117 in 2016 to 37 in 2020.
It’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2016-Decemeber 31, 2020, a total of 196 lots sold: 24 in 2016; 37 in 2017; 45 in 2018, 41 in 2019; and 49 in 2020. There simply are very few lots left in LOW.
New construction has been climbing, as well. 2016 realized 28 new construction starts; in 2017, there were 30; in 2018, there were 34; in 2019, there were 48; and there were a whopping 66 new starts in 2020.
Another notable statistic is the dramatic rise in average sold price to original list price ratio. It has steadily risen from 93.9% in 2016 to 99.2% in 2020.
According to Freddie Mac and the Mortgage Bankers Association, mortgage rates were expected to stay within the 3.7-3.9% range in 2020. Interestingly, rates were surely seen well below those numbers. As of today, it’s possible to obtain a 15-year fixed rate below 2%, with the 30-year rate below 3%. Financial experts are expecting another year of low interest rates.
The prognosis for 2021, as it was in 2020, is excellent! In LOW, there are 9 homes active on the market as of 1/14/2021. In January of 2019, there were 57. Low, stable rates and hopefully more inventory should propel us to experience another year of healthy sales and appreciation.
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern 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 licatagroup.com
Welcome home to 129 Parliament Street in amenity-rich Lake of the Woods! You’ll love the location within walking distance of the pool, park, and Community Center! Upon entering, the light-filled living room with soaring ceilings and a brick fireplace for those chilly nights will wow you. The kitchen boasts upgraded appliances, breakfast bar and a large dining area with access to the deck. Off the deck you’ll find a private, level back yard perfect for gardening and enjoying outdoor activities. The main level also offers the owner’s bedroom, full bath and laundry. The upper level features a loft which is open to the living room below. This would make an awesome office or craft room, and it would be perfect as a virtual learning area. There’s even a private deck off of the loft! The upper level features two additional bedrooms and a full bath. For more information on 129 Parliament Street, 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.
