It takes a lot of responsibility to pick a perfect destination for your family. Even if you and your partner have just gotten married and plan to relocate, choosing a family-friendly location might be on your mind. A new home should be suitable for your lifestyle, budget, and personal preferences. And when a move involves more family members, these criteria seem to expand. The State of Virginia is becoming more and more popular these days, with one of its counties standing out. Orange County, VA is perfect for families – and this guide will tell you all the reasons why. Let’s see if this is where you start looking for a new home with your loved ones.
Orange County, VA basic information
Firstly, let’s get to know this county better before we point out all its family-friendly features. Orange County is located in the Central Piedmont region of the Commonwealth of Virginia. Its seat is located in Orange, a small town of about 5,000 residents. The county itself has a population of about 36,000, which seems to be just enough for a family-friendly lifestyle many parents are looking for. But, what’s so special about this country and why it’s perfect for those moving with a family?
Reasons Orange County, VA is family-friendly
Choosing a place where your family can thrive and enjoy life and be safe and peaceful is challenging these days. Orange Country seems to fit that description, and it’s often chosen by families to be their new home. And both first-time homebuyers and seasoned investors consider this area to be the perfect family-friendly zone.
You can have all the peace you want
The peaceful, laid-back lifestyle their residents lead is the main thing people notice about towns in Orange County. Those who currently live in a big city probably want to get away from all the hustle and bustle, and Orange County may just be the place to go. The small-town atmosphere brings the feeling of safety and belonging, making it easy to raise kids. People know each other in these small communities, which can be very beneficial in these challenging years of being a parent of young kids.
Access to nature
Spending time close to nature and away from all the technologies seems to be a luxury in today’s world. Well, it’s a common thing in Orange County, which is such a benefit when it comes to raising kids. To enjoy the natural scenery and fresh air whenever you want often feels precious. Visit the Lake of the Woods and find a place to have a picnic with your loved ones, and you’ll understand why this is the right place to be.
Reminder: spending a day in nature is not the only thing you can do here. There are different activities you can try out and have fun after moving to Orange County.
Kids love nature and animals – let them be close as much as possible.
Less traffic
Orange County communities are relatively small, which results in fewer cars and less traffic. This makes the place a lot safer for kids and ensures parents spend less time in traffic. It’s easier to go to work, go shopping and reach the main airports in the area. People here use cars for longer commutes but like to get around on foot and practice a healthy lifestyle.
Being able to ride a bike without running away from traffic makes Orange County, VA perfect for families.
Where to move – top places in Orange County, VA
After you’re sure that Orange County, VA is perfect for your family, it’s time to research the best places to move. Some of the popular locations include:
Orange – located close to Charlottesville, the area is filled with small businesses, and most of the residents are people with kids or retirees. Good-quality schools attract more and more parents every year;
Lake of the Woods – many parks, two pools, and great schools make this place one of the perfect options for those moving with kids;
Gordonsville is the best place for those looking for a small American town charm and real suburban feel. Moreover, if you are thinking about buying a vacation home in Virginia, this area might be the perfect place for doing so.
Moving to Orange County, VA with your family – how to do it stress-free?
Packing and moving an entire household along with your kids may seem too big of a challenge for parents. That’s why you need to be ahead of it and plan this move in a way that predicts all the potential issues so you can have the smoothest relocation ever. Undoubtedly, the focus of this move should be safety. Unfortunately, many things can go wrong during relocation. Thus, it’s easy to understand that children are your primary concern as you won’t have a task that’s more important than keeping your kids safe on moving day.
Do as much as you can in advance
Moving house is a process that consists of so many steps related to packing, cleaning, documentation, etc. The easiest way to have a stress-free moving day is to plan everything ahead of time and do as many tasks as possible long before the big day comes. Make a list to keep track of all the tasks that await and tick them off as you finish.
Have a team you can trust
The moving business has grown a lot, which led to an increased number of unprofessional and even fraudulent companies. Experienced movers such as Excalibur Moving and Storage have experience with customers who have learned a thing or two about moving scams the hard way, so they recommend you research the companies in detail before making the final choice. Compare their services and fees, explore their website and read the reviews. Finally, see if you can get a recommendation from someone you trust and hire a team that will help you relocate easily.
Include your kids
Depending on the age of your children, this move can be more or less complicated. However, try to include them in the process by talking about the move, asking them to help with the packing, and having a vote in making certain decisions. Appreciating their opinion will help them feel important, valued, and more willing to help you out as a result.
Moving doesn’t need to be stressful and overwhelming – include the kids and make it fun.
So, do you agree that Orange County, VA is perfect for families? We believe you do – start exploring this area and look for an ideal home where you can make new memories with your loved ones.
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.
Oil and gas prices are the highest in United States history!
Individuals and families are shifting how they think about housing, from suburban versus urban to downsizing or going multigenerational.
It’s critical to work with an agent who understands the right fit for you and your family.
Record-high oil and gas prices are changing home buying and selling
It’s difficult to escape the news: gas prices are surging across the nation, with the increase averaging $1 per gallon. With costs at historical highs, the ripple effect changes how we think about everything. That includes the largest line item on any household’s budget: their home. How will this new reality change how people buy and sell real estate? Let’s take a look at some of the main considerations.
Urban Versus Suburban
Traditional wisdom says that the suburbs are more affordable with their long commutes, while cities are expensive due to more amenities and desirability. But when the daily commute costs more than it ever has in the history of the country, the conventional advice isn’t necessarily the right move for everyone.
To judge whether relocating from the suburban to the urban is right for you, take a look at the commute time, proximity of local amenities, and public transportation. Some urban centers offer more robust and reliable options for getting around, while others are still heavily car-dependent. If moving into the city won’t get you out of your car, the suburbs are still a good choice. But big city living is an attractive option if you can reduce how often your family drives—or even go from a multi-car family to a single vehicle.
Reconsider Your Housing Footprint
The size of a home is always a big consideration when you’re looking at your next place. Right now, there’s the added pressure of the costs of heating and cooling a home to consider when you think about total square footage. On average, the cost of natural gas is up 24% in February 2022 compared to the previous year, and electricity is up 9%.
Downsizing can be a smart reason to sell your home and buy a new one, especially if your family situation has changed and you don’t need as much space. With less to heat, cool, and maintain, finding a home that’s just the right size for the stage of life you’re in is something your agent can help you with.
During the COVID-19 pandemic, families started moving back in together at rising rates. Now, more than 40% of homebuyers consider multigenerational living in their purchasing decision. New developments are dedicated to building homes and communities that accommodate people at different stages of their lives. And, if the family situation changes, being able to rent out a dedicated space is an excellent source of passive income.
Whether you’re looking to go small by yourself or go big and share the costs, homes that are renovated with energy-efficient appliances, or new construction with the latest smart home technologies, are especially attractive. These are smart decisions to make now that will also save you costs in the long run, even when oil and gas prices stabilize.
Act Fast to Lock in Interest Rates
Gas prices are tied closely to mortgage rates. Yep, it really does affect everything! Mortgage lenders want to have an extra cushion over inflation when they set rates, and with the rise of oil and gas prices, interest rates will get pushed up too. If you’re buying a home, it’s time to get serious about making offers. Higher mortgage rates will impact what you can afford.
For sellers, this can impact the white-hot housing market streak that was the dominant theme for the last few years. With interest rates set to rise, home sellers may want to be flexible about offers, in case the market shifts dramatically as interest rates go up throughout the remainder of the year. Of course, this varies widely by market, and you’ll want to consult your agent before making any decisions on offers on your home.
Make Your Move
There’s no time to wait—with the market changing this rapidly, you’ll want to leave yourself enough time to have options and make a well-informed decision. That’s why you need to work with an agent that understands the ups and downs of this historic market and considers the needs of you and your family. Contact us today to get started!
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.
It’s time to start planning for your Independence day celebration activities! Save the date for Saturday, July 2nd, 2022 for the Lake of the Woods’ Fourth of July Independence Day Celebration full of fun. What’s in store? Flag Ceremony, parade, activities on the point and of course, FIREWORKS!!!! Opening Ceremony is scheduled to being at 9:45AM at the Lake of the Woods Clubhouse parking lot, followed by the parade from 10am to noon that will begin on Yorktown Blvd all the way to the Lake of the Woods Clubhouse parking lot. The point activities shall began at noon time and end around 4pm. To settle into the night, the Ski Club will perform their show at 6pm on the Clubhouse dock followed by Fireworks at Veterans dam that are scheduled to begin promptly at dark, approximately at 9:15am!
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 home to 209 Limestone Lane! Located on a large corner lot backing to the golf course in the beautiful Lake of the Woods community. Step into a cozy living room with a wood burning brick fireplace and built in book cases. The spacious eat in kitchen has plentiful cabinets and a pantry. Access to the large back deck is sure to be pleasing on those lovely weather days and great for entertaining. The spacious Owner’s suite with bright windows offers a roomy en-suite bathroom with double sink, a walk in closet as well as an additional large closet. Two driveways and the oversized one car garage provide for plenty of parking.
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 $240,000+ 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.
0 sold below $250,000.00 1 sold between $250,000-299,999; 3 sold between $300-349,999; 4 sold between $350,000-399,999; 4 sold between $400-499,999; 1 sold between $500,000-$999,999; 0 sold over $1,000,000!
15 Active/Coming Soon Listings for Sale 35 Homes Under Contract 31 Homes Sold since January 1, 2022.
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
Relocation is never an easy task to complete, but things tend to get even more complicated and stressful if you are moving with kids to Orange County, VA. No matter your reasons for moving, it’s almost certain your kids will have difficulties accepting and adapting to this change. However, there are still ways to have a smooth and easy relocation. To help you, we’ve prepared the three most common mistakes most parents make when moving with kids. If you avoid them, we can assure you that your family move will be that much simpler and more bearable.
Survive moving with kids to Orange County VA
Moving is a very challenging transition for children, no matter their age. Whether you’re relocating for work or want to have a fresh start with your family in one of the loveliest parts of the US – Orange County, VA – you need to be mindful of your kids’ feelings and help them go through this process easily.
No matter how old your kids are, relocating is a massive change, and it can be quite stressful for them, so you have to help them adjust.
To help you have a smooth family move, we did our research and prepared the three most common mistakes parents make when moving long-distance with kids. By knowing which mistakes to avoid, you’ll prepare them for the journey and ensure they have a good time.
Avoid big surprises
Even though you might think that surprising your kids with a sudden move to a new neighborhood or even state is a good idea, think twice. Kids need time to emotionally prepare for what’s happening, so it’s important not to wait last minute to inform them about the move.
Instead, talk to them even before you get in touch with an experienced Virginia Realtor and start looking for your new family home. Your kids will appreciate this, especially if they’re older. Not only will they feel included, but you’ll also give them enough time to prepare and say goodbye to their old friends.
Even though there’s a big chance your kids won’t be happy to hear about your family move to Orange County, VA, you shouldn’t avoid and delay talking to them about it.
The last thing you want is to bring up moving out of the blue. This will make your kids feel helpless and frustrated, and the fact they had no say in the matter can only make things worse and give them a sense of powerlessness. Thus, make sure to communicate properly and let your kids know you’re there to address all of their questions and concerns.
Excluding your kids from the process
Another very common mistake you should do your best to avoid is excluding your kids from the process. Having them help you with packing and other moving-related tasks is a great way to teach them responsibility. Of course, this doesn’t apply if your kids are too young.
Also, involving your kids will make them feel important and wanted. If you feel confident enough, you can even allow them to pack their toys, books, and similar. And if you make an extra effort and research different packing and moving games, you’ll turn the entire process into a fun and exciting adventure.
Or assuming they can help with the process
On the other hand, many parents overestimate their kids’ abilities and assume they can do most of the packing independently. However, it’s imperative to know how much your kids can handle and not ask too much of them.
If you’re not sure your kids can handle a task on their own, make sure to supervise them and offer help. Getting frustrated with them will only make this worse. Being patient and helpful will make them want to participate and learn even more.
Letting them take too many things
As moving is very stressful for kids, most parents want to find ways to make it easier for them and tend to be more indulgent than usual. Many parents end up allowing their kids to take too many things to their new home. However, this is another mistake you should try your best to avoid.
Instead, find ways to teach your kids the importance of decluttering. The best way to approach this is to go through your kids’ things with them and sort them into three piles:
Let them keep only things they truly need and regularly use. Of course, you can’t be too strict regarding items your children are emotionally attached to. However, make sure to communicate your boundaries clearly.
You should teach them to toss things that are broken or can’t be used anymore.
Lastly, the third pile should be reserved for things that are still usable but your kids no longer need. As they’ll have the hardest time letting go of these types of things, you can motivate them by suggesting donating their old clothes and toys to less fortunate children. They’ll surely love the idea and won’t feel as sad when letting go of their old things.
Try to think of ways to make moving more fun and exciting for your kids.
Even if you end up bringing more things than you can fit into your new home in Orange County, VA, there is no reason to worry. There are simple and affordable ways to store your extra belongings safely. The experienced team from Helix Transfer & Storage suggests renting a storage unit as the best way for safely storing all the things you have no room for in your home.
Good luck moving with kids to Orange County VA!
As you can see, if you prepare well and make sure to avoid mistakes we’ve listed, moving with kids to Orange County, VA, will be that much simpler and less stressful. Even though they’ll surely need some time to adjust to the new area and get used to their new schools, it will all be worth it in the end. And in case you’re still looking for your perfect Virginia home, make sure to get in touch with an experienced local realtor. They’ll find a home that suits your family’s wants and needs.
Meta description: If you are moving with kids to Orange County, VA, make sure to avoid most common mistakes parents make. We’ve prepared them in this article.
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 in a seller’s market, you may still need to reduce your price
Consider if you’ve tried everything else before a price reduction
Make sure to seek the advice of your trusted realtor–we’ve seen it all before!
Even in a competitive seller’s market like the one we’re in right now, listing your home for the right price is key. Don’t count on a bidding war happening to get the price you want! Let’s take a look at what you should do before listing your home, indicators that your home is priced too high, and the strategies you can use to make the price right.
How Do I Figure Out the Right Price?
When home prices are rising quickly, low appraisals can affect your listing price. With year-over-year home prices up 17% on average nationwide in 2021—with some markets seeing as much as 35% increases—the appraisal you receive may not reflect other recent asking prices in your area.
Your experienced real estate agent will use data from the local MLS and consider other homes in your neighborhood and what they sold for recently. They’ll also consider tax data, your property’s previous sale price, and even micro market trends. Working with an agent in such a fluid, dynamic market is essential to getting the price right.
Since your largest pool of buyers often finds your home within the first 21 days of listing, try to list your home at the right price from the start. If you’re not seeing the offers you thought you would, make an adjustment quickly before the initial interest fades away.
If the first week of listing your home isn’t resulting in offers, especially in a market this hot, that’s a red flag your home is overpriced. However, if you’re getting offers, and they just aren’t meeting your listing price, it’s a good sign you’re in line with the market and may need a small decrease.
How Do I Know When to Lower the Price?
It’s exciting to list your home in such a historic market, but moving too fast and forgetting the basics can hurt your chances of success. Work with your real estate agent to market your home. This includes cleaning and decluttering your home, staging rooms, taking attractive photos, and communicating the value of the property in the listing.
Rely on the most recent data to find the sweet spot for price. You’ll want to consider homes recently sold within a mile or two of your home, especially ones with the same number of bedrooms and bathrooms and square footage within 20% of your home that closed within the last 90 days.
If all of that is said and done and you’re not receiving any offers, you may need to lower the price. Even in a seller’s market, selling over asking or enjoying a bidding war for a higher price is not guaranteed. Make sure you know the lowest price you’re willing to accept before you list your home, so making a change won’t feel like taking a loss.
When it comes to finding the new price, there are a few things to consider. While the general advice is to lower anywhere from 0.5% to upwards of 3%, you also want to pay attention to your price bracket and what buyers are searching for. If lowering your price brings you down from $410,000 to $398,000, that will open up your home to a new pool of buyers searching for homes under $400,000.
Price Your Home Right from the Start
Real estate is a continual learning process, and it takes effort to figure out the right price. That’s why you should work with our experienced, trusted team to get started out right! Contact us today to find the true value of your home based on the most recent, up-to-date, micro-economic data available. Our team is here to help you sell your home for top dollar.
Directly from Lake of the Woods Players Club website, a description of the upcoming theatric show: Foxfire: “Annie Nations, an indomitable Appalachian widow of 79, lives on her mountain farm with the acerbic ghost of her husband Hector. Her tranquility is threatened by a brash real estate developer who wants to turn her land into a vacation resort and by concern over her son Dillard, a country singer who has come home with two stranded children because his wife has run away. Annie’s battle to decide her future takes her through some funny, touching and magical flashbacks to her life with Hector. Played on Broadway by Hume Cronyn and Jessica Tandy, this couple offers a staunchly affirmative tribute to country folk.” Tickets costs $22 for adults, $18 per students. Buy tickets here. You do NOT have to be a Lake of the Woods resident to purchase tickets!
Performances will be held starting: Friday, April 1st at 7:30PM Sat. April 2nd at 7:30PM Sun. April 3rd at 7:30PM Fri. April 8th, 7:30PM Sat. April 9th, 7:30PM and final show, Sunday, April 10th at 2PM.
Please note: masks will be required for all audience members regardless of vaccination status. Check out the cast below in the Foxfire Promotional Video:
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.
We all hope for a career that will take us places. Sometimes that could be Orange County, Virginia. Exciting as that is, packing up your life and moving your family can also be stressful — after all, there are a lot of things you’ll need to organize and plan for.
A relocation package from your employers can help, but the rest is up to you. A checklist can be an invaluable tool to keep you on top of things. The Licata Group presents some key tasks you’ll need to remember to make your career relocation easy, beginning up to two months before your moving date.
Visit Your New Hometown
While it’s good to know what to expect, a visit to your new location and office can also offer insight on what to prepare for. It also offers a great opportunity to connect with your new colleagues, who can probably offer invaluable advice for your move. If you have children, you may also be looking to scout out new schools before your move. A visit beforehand can give you an idea of which area you want to search for accommodation.
Plan Your Finances
With a new salary, you might not expect to find a change in their cost of living, so it’s always good to be prepared before relocating. Websites such as Payscale can help you compare the costs of supermarket goods, restaurants, gas, and medical bills.
Message boards and Facebook groups are also a great place to get unbiased and up-to-date information from fellow residents (and to make friends with your potential neighbors).
If you need to sign up for a new banking service, make sure you have an easy way to access and transfer your current funds.
Secure Your New Home
Whether you’re relocating for a set period of time or for the unforeseeable future, it is advisable to consider renting a house before purchasing one so that you have the chance to familiarize yourself with the environment and other housing options.
Schedule the Move
If you need to buy airplane tickets for you and your family, buying tickets ahead of time is still the cheapest option for tickets. Depending on how many belongings you’ll be taking, you may also need to book a reputable moving company available on your moving date. Compare moving companies to see which fits within your budget and provides the most suitable insurance coverage options to protect your belongings.
Save all your travel and moving receipts in one handy location, such as a Google Drive, particularly if you will be claiming reimbursement from your employer.
Personalize Your Checklist
Use this information to compile your own checklist that includes important dates and information. Don’t be afraid to ask for advice and use services that can help you find the home of your dreams in Lake of the Woods. After all, it’s not your career that takes you places — it’s all you.
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.
First-time home-sellers need an accurate value before listing.
Sellers need to make smart choices on repairs and staging.
Offers are evaluated on multiple factors, not just price.
The three most common questions first-time sellers ask our real estate team.
It’s common to be overwhelmed by the number of questions you inevitably run into when you’re selling your home. Does the doorbell work? Are the exterior colors suitable for today’s market? Am I getting what my home is worth? From marketing the house to negotiating a fair market price and making repairs, here are some of the most common questions sellers ask us and some helpful strategies you can utilize when selling your home.
Question 1: How do I know what my home is worth?
Ultimately, a home is worth what someone will pay for it. However, there are three values attributed to any home currently on the market:
What the seller thinks it’s worth.
What the buyer assumes it’s worth.
What a professional appraiser will think it’s worth.
One of the most critical aspects of selling your home is quickly getting those three numbers to align. Most real estate agents freely perform a comparative market analysis of home values to establish a property’s value to determine a selling price. They look at factors such as square footage, construction quality, condition of the home and neighborhood, design, and floor plan, plus all of the neighborhood’s features, like transportation availability, nearby shopping, and area schools.
Question 2: How do I get my home ready to sell?
Nearly all home purchase contracts include an inspection clause. This term is a buyer contingency that allows buyers to back out of the deal if numerous defects present themselves or negotiate their repair.
The trick to getting your home ready for the market is not to overspend on pre-sale improvements, especially if few houses are on the market with many buyers willing to pay almost any price. On the other hand, making such investments is the only way to stage and sell your house, even in a market that favors sellers.
Here are some quick highlights of expected home improvements and staging tips that every homeowner should have on their checklist going into negotiations:
Make sure that your roof is up-to-date; this will get you the highest return on your investment.
Fix any maintenance issues, such as leaks, plumbing problems, drafts, rusty areas, squeaky floorboards, mold, or mildew well before buyers can find them.
Applying a fresh coat of paint will make rooms look brand-new!
Polishing lighting fixtures and upgrading light bulbs is an inexpensive way to make a home look newer and brighter.
Less clutter helps a home look larger inside, so remove extra objects or furniture to give your home a more spacious feel.
Question 3: How do I pick the right offer on my home?
While seeing a bid over-asking price will make your heart race, it’s best to take a deep breath and consider the whole picture. Buyers include contingencies, like inspection, financing, and appraisal, in their offers. The fewer contingencies, the better it is for the seller.
You can consider an all-cash offer to eliminate the risk of contingencies. Anywhere from a quarter to a third of home sales now are cash offers, depending on the market, so this is more common than you may think!
What’s your next step after your home sells? The closing timeline can influence choosing your best offer—perhaps you’re in a hurry to move into your new place, or you need some extra time to finish packing. There’s always a lot to consider, and each seller’s needs are different.
The ultimate question: what are my net proceeds?
Because the real estate market is continually changing, and market fluctuations affect property values, your list price, sale price, and closing costs must be based on the most recent comparable sales in your neighborhood. To find out the current value of your home, contact our team today! Selling your home is a team effort that yields more success with the help of the most qualified and skilled realtors.
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.
