Category Archives: Locust Grove VA Real Estate

Explore 126 Washington Street: Offered at $474,900

Welcome to this stunning, ranch-style home with an ideal split-bedroom floor plan. This residence features 3 bedrooms and 2 baths, providing both privacy and functionality, as well as a large lot, lovely curb appeal, and a front porch. Adjacent to the primary suite, discover a versatile upstairs bonus room, ideal for use as an office, additional bedroom, or whatever best suits your needs. Enjoy the warmth and ambiance of the gas fireplace in the living room, creating an inviting atmosphere that permeates throughout the main living space. The main level has beautiful hardwood floors and a large open kitchen. A huge unfinished basement with outside access and rough-ins for a full bath offers ample potential for expansion or customization, while a 2-car garage provides convenient parking and storage solutions. Step outside to the screened porch or onto the newly constructed expansive back deck, perfect for outdoor gatherings or peaceful moments of relaxation. This well-maintained, one-owner home is poised and ready to welcome its new owner, offering comfort, versatility, and endless possibilities. Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

Warm Welcomes and Happy Send Offs!

Licata Group would like to extend a warm welcome to all the new homeowners! We often have really fun events hosted throughout the year, do frequent giveaways (think lotto scratchers, pies, FredNats tickets, just to name a few!), and also provide real estate market updates as well as local upcoming community events. We would like to take this opportunity to invite you to join our newsletter so you can never be without it! Sign up here. Or call our office at 540-388-2541.

  • Rafael Geigel
  • Evelyn Geigel
  • James T. Medley
  • Christine Carr
  • Hae Burrows

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

In February, 13 homes were SOLD in Lake of the Woods.

1 sold below $250,000.00

1 sold between $250,000-299,999;

3 sold between $300,000-349,999;

 2 sold between $350,000-399,999;

4 sold between $400,000-499,999;

1 sold between $500,000-$999,999;

1 sold above $1,000,000

17 Active/Coming Soon Listings for Sale

21 Homes Under Contract

28 Homes Sold from January 1, 2024, to February 28, 2024. 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 contacting Pat Licata.

2024 Real Estate Shifts: What Sellers Need to Know

a living room with a round table and large glass doors

In the world of real estate shifts, staying ahead of the curve is vital for sellers aiming to maximize their returns. As we step into 2024, several trends and shifts are shaping the real estate landscape. Whether you’re a seasoned seller or you are preparing to list your property for the first time, you must understand these developments for a successful sale. Find out about the key factors sellers need to know to navigate the evolving market landscape.

Embracing Technology for Enhanced Marketing

A desk full of gadgets—a laptop, tablet, mobile phones—and a cup of coffee
Among the most notable real estate shifts is the use of technology for a seller’s
advantage.

Technology continues to revolutionize how properties are marketed and sold. Sellers must leverage cutting-edge tools and platforms to showcase their listings effectively. From high-quality virtual tours and drone photography to targeted online advertising, harnessing technology can significantly expand your property’s reach and appeal to potential buyers.


In addition to virtual tours and drone photography, sellers can utilize advanced data analytics to identify and target potential buyers more effectively. By harnessing technology-driven insights, sellers can tailor their marketing strategies to resonate with specific demographics, maximizing the impact of their listing campaigns.

Sustainable Features Drive Demand

With environmental consciousness on the rise, properties boasting sustainable features are
increasingly sought after. From energy-efficient appliances to solar panels and eco-friendly
materials, incorporating sustainable elements into your home can attract environmentally
conscious buyers and potentially increase its market value. Highlighting these features in your
listing can set your property apart in a competitive market.

Flexibility in Home Design

The pandemic has reshaped how we perceive and utilize our living spaces. As remote work and
hybrid schedules become more prevalent, buyers are prioritizing homes that offer versatility and adaptability. Sellers can capitalize on this trend by showcasing multifunctional areas, home offices, and flexible layouts that cater to evolving lifestyle needs. Emphasizing the potential for
customization can make your property more appealing to a wider range of buyers.

Urban Revival Amidst Suburban Appeal

While suburban markets have experienced a surge in demand in recent years, urban areas are
witnessing a resurgence as restrictions ease and city amenities regain their allure. Sellers in
urban centers can capitalize on this trend by emphasizing proximity to cultural attractions, dining options, and public transportation. Highlighting the vibrant lifestyle and convenience of city living can attract buyers seeking the energy and excitement of urban environments.

Transparency and Disclosure

Transparency and disclosure are non-negotiable for sellers. Providing comprehensive
information about your property, including any potential issues or renovations, builds trust with buyers and mitigates the risk of future disputes. Being forthcoming about the property’s history and condition demonstrates integrity and fosters a positive relationship with prospective buyers.

Preparing Your Home for Viewing

Ensure that your home is in optimal condition for viewing and addressing any
maintenance or repair tasks to enhance its appeal to potential buyers.

In order to sell your home, it must be presented in the best possible light. Therefore, decluttering and preparing the property for a new buyer is essential. Prior to listing your home, take the time to declutter each room, removing any unnecessary items, to create a sense of space and openness. Consider hiring a professional moving company such as goodneighborsmoving.com to assist with the packing and transportation of your belongings. In the business for over ten years, the Good

Neighbors Moving Company will provide you with a free quote, licensed and insured
movers, and even a white glove service for all your fragile and delicate items.

Additionally, invest effort in ensuring that your home is in optimal condition for viewing and
addressing any maintenance or repair tasks to enhance its appeal to potential buyers. Doing all
this will help you streamline the selling process and maximize the likelihood of a successful
sale.

Pricing Strategies in a Shifting Market

As market dynamics evolve, pricing strategies play a pivotal role in attracting buyers and
optimizing sales outcomes. Sellers must stay informed about local market trends, comparable
sales, and inventory levels to determine the most competitive listing price. While pricing
competitively can generate multiple offers and spur bidding wars in a seller’s market, strategic
pricing adjustments may be necessary to attract buyers in a more balanced or buyer-friendly
market.

Capitalizing on Styling Techniques

Effective styling of your existing furniture and accessories can significantly impact buyers’ perceptions of your home, influencing their emotional connection and willingness to make an offer. At Licata Group, we have the knowledge to work with what you have to
enhance your property’s appeal by strategically arranging furniture, decor, and
accessories to highlight its key features and create a welcoming atmosphere. By depersonalizing the space and showcasing its potential, staging allows buyers to envision themselves living in the home, increasing the likelihood of a swift and successful sale.


Additionally, staging can help highlight the property’s best attributes while minimizing any
potential flaws, presenting your home in the best possible light to prospective buyers. With
careful attention to staging, sellers can elevate their listings and stand out in a competitive
market, ultimately achieving their selling goals with ease.

Professional Representation Matters

Real estate agent explaining real estate shifts to the buyers
An experienced agent brings market insights, negotiation skills, and knowledge about
real estate shifts to the table

Navigating the complexities of real estate transactions requires expertise and guidance, making professional representation essential for sellers. Partnering with a knowledgeable real estate
agent or broker can streamline the selling process, from pricing strategy and marketing efforts to negotiation and closing. An experienced agent brings market insights, negotiation skills, knowledge about real estate shifts, and industry connections to the table, maximizing your chances of a successful sale.

Timing Considerations for Optimal Results

Timing can significantly impact the success of a real estate transaction. While seasonal
fluctuations and economic indicators influence market dynamics, individual circumstances also
play a role in determining the ideal time to sell. Sellers should assess their financial goals,
relocation plans, and market conditions to strategically time their listing for maximum exposure and profitability. Consulting with a real estate professional can help sellers identify the optimal window of opportunity for their specific situation.

Conclusion on the 2024 Real Estate Shifts

In the world of 2024 real estate shifts, sellers must adapt to shifting market dynamics and
consumer preferences to achieve successful outcomes. By embracing technology, highlighting
sustainable features, and catering to changing lifestyle needs, sellers can position their
properties for maximum appeal in 2024. Transparency, strategic pricing, and professional
representation are essential elements for navigating the selling process effectively. Staying
informed and proactive enables sellers to capitalize on emerging trends and market shifts to
achieve their selling goals in the dynamic landscape of real estate. At Licata Group, we employ a proven, repeatable system that will net you top dollar for your home while meeting your other goals. Please call us at 540/388-2541.

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

Photos compliments of www.pexels.com

Exploring the Charm of Our Newest Listing: 605 Harrison Circle Offered at $334,900


Welcome to this delightful 3-bedroom, 2-bathroom home featuring a two-car garage tucked away in amenity-rich Lake of the Woods! As you step inside, the cathedral ceilings and skylights create an inviting ambiance, cascading the space with natural light. The open layout seamlessly connects the dining area, kitchen, and living room, ideal for hosting gatherings. The kitchen’s wooden tray ceiling and pass-through window add a touch of character. Relax in the cozy living room by the floor-to-ceiling fireplace or step out onto the back deck for some outdoor serenity. The primary suite features its own screened-in porch, dual closets, and a convenient Jack-and-Jill bath with easy access to the laundry room. Two additional bedrooms and another full bath ensure privacy for guests. Enjoy the convenience of Greensprings Park just a short stroll away, providing a perfect retreat for nature lovers. Don’t miss the opportunity to make this charming home yours!

Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods by a car and boat tour!

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 
contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

Warm Welcomes and Happy Send Offs!

Licata Group would like to extend a warm welcome to all the new homeowners! We often have really fun events hosted throughout the year, do frequent giveaways (think lotto scratchers, pies, FredNats tickets, just to name a few!), and also provide real estate market updates as well as local upcoming community events. We would like to take this opportunity to invite you to join our newsletter so you can never be without it! Sign up here. Or call our office at 540-388-2541.

  • Warren M Lee and Barbara E Lee
  • Jason Quattlebaum, Amy Quattlebaum
  • Rose M. Maruschak
  • Abraham C. Sifakis
  • Sarah Murphy
  • Jose miguel torres valle
  • Keishla Krystal Rodriguez Rodriguez
  • Irma Barker
  • Rebecca Molina
  • Bryanna Anderson

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

In January, 15 homes were SOLD in Lake of the Woods.

0 sold below $250,000.00

0 sold between $250,000-299,999;

6 sold between $300,000-349,999;

 2 sold between $350,000-399,999;

5 sold between $400,000-499,999;

2 sold between $500,000-$999,999;

0 sold above $1,000,000

21 Active/Coming Soon Listings for Sale

17 Homes Under Contract

15 Homes Sold from January 1, 2024, to January 31, 2024. 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 contacting Pat Licata.

The LOWdown on Real Estate at the Lake 2023

The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2023. This inventory shortage, along with rising interest rates and inflation concerns beginning in the second half of 2022, definitely defined the 2023 real estate market. Closed sales decreased approximately 19% from 271 to 220. New construction accounted for 24 of the 220 sales, and the median sold price increased 6.8% year over year from $375,950 to $401,500 in 2023.

Now let’s look at the past five years:

In 2019, 301 homes sold, which was a 28.63% increase over 2018, and the median sales price rose to $270,000. In 2020, we realized a 4% gain in home sales over 2019, with a total of 313 sales. 2021 showed a gain in sales at 358, and the median sold price increased almost 16% to $337,500, up from $291,250 in 2020. And then came the mixed bag 2022 market: closed sales fell by more than 24%, while the median sold price rose by 11.39%. 2023 also showed an almost 19% decline in closed sales at 220, yet the median sold price continued to rise, ending the year at $401,500, a 6.8% increase over 2022.

Average days on the market (DOM), the number of days it takes from the time a property is listed until it goes under contract had steadily decreased from 57 in 2019 to 16 in 2021…yet in 2022, it rose to 23, showing more evidence of a changing market. 2023 showed another rise to 32.

It’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2019, through December 31, 2023, a total of 140 lots were sold: 41 in 2019; 49 in 2020; 24 in 2021; and only 13 in both 2022 and 2023. There simply are very few lots left in LOW.

Of the MLS sales reported in 2019-2023, new construction numbers have varied. 2019 realized 31; 2020 sales jumped to 41; 2021 ended at 37; and 2022 saw new construction sales dip to only 13 and rise again to 37 in 2023. 

Again, there aren’t many lots left in LOW, which, of course, will impact new construction sales in the future.

Another notable statistic is the rise in the average sold price to original list price ratio from 2018-2021. 2022 showed a slight decrease to 100.3%, followed by another decrease in 2023 to 98%.

The financial experts’ forecast for 2023 called for rates to stabilize and then begin a slow decline. The decline in rates didn’t occur as quickly as anticipated. 

The 2024 forecast calls for more buyer confidence and a reduction in interest rates that should bring buyers back into the market who “paused” due to all of the uncertainty of 2023. Yet those reductions may come more slowly than anticipated, as during the Federal Reserve’s news conference on January 31, 2024, Chair Jerome Powell noted that a March rate cut is unlikely.

“Home prices keep marching higher,” says National Association of Realtors Chief Economist Lawrence Yuns. “Only a dramatic rise in supply will dampen price appreciation.” And Redfin Chief Economist Daryl Fairweather predicts that mortgage rates will fall to about 6.6% by the end of 2024.

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

Build Your Dream Home with Breathtaking Lake Views in Lake of the Woods! 600 Eastover Pkwy. Offered at $100,000

Introducing your dream home water view location! This exceptional lot presents breathtaking lake views of Keaton Lake, providing the perfect canvas for building your dream home. Nestled in a very tranquil setting, it’s an ideal opportunity to create a haven where you can unwind and share countless memories with loved ones. Embrace the serenity of lake living and turn your vision into reality on this picturesque property. Your dream home awaits, overlooking the beauty of Keaton Lake. You can bring your own builder or we can assist you with choosing one who we have experience with. Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 

contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.

A Renovated 3-Bedroom Haven with Breathtaking Views: 225 Beachside Cove, Offered At $449,900


Welcome to your dream home featuring gorgeous lake views! This 3 bedroom, 2 bath gem offers approximately 1988 sq ft of pure bliss, complemented by a 2-car garage with ample storage space. Step into a world of luxury where every inch has been meticulously renovated to perfection.

Marvel at the stunning tile floor that spans the entire home, creating an elegant and seamless atmosphere. The fresh paint, new light fixtures, and brand-new kitchen and bathrooms add a touch of modern sophistication.

The expansive deck, stretching across the entire front of the home, entices you to unwind and enjoy breathtaking lake views. Immerse yourself in relaxation with a soak in the hot tub, surrounded by the serenity of nature.

As you step into the main level living and dining room, be greeted by vaulted ceilings, skylights, recessed lighting, and of course, those captivating lake views. The well-designed kitchen is an absolute delight, inviting you to create culinary masterpieces while enjoying the scenic beauty outside.

Upstairs, the primary bedroom, a second bedroom, and a full bath offer comfort and tranquility. Downstairs, discover another bedroom, a versatile den with outside access that can easily serve as a fourth bedroom, another full bathroom, and a convenient laundry room to streamline your daily routine.

Imagine the new memories waiting to be made by the lucky new owner – from intimate gatherings in the stylish living spaces to evenings of stargazing from the deck. This home is not just a property; it’s a promise of a lifestyle filled with comfort, beauty, and the joy of lake life living. Don’t miss your chance to turn this house into your dream home!

Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle.

Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special. Experience firsthand the captivating charm of Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or 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, one of our 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 
contacting Pat Licata. To see available Lake of the Woods properties, please visit our site.
Unveil Serenity: Don’t waste time. Explore this Renovated 3-bedroom Home with Stunning Views! Open House on
Feb. 3rd from 12-2. Your new beginning awaits!