Category Archives: Real Estate News

Breathtaking Home For Sale in Fairfax, VA! 3209 Traveler Street Offered at $699,999

Welcome to 3209 Traveler Street, in the middle of everything yet in its own wooded enclave you find Mosby Woods. A 60’s planned community that thrives today as a wonderful established neighborhood. You will fall in love with all the updates and fine finishes this beautiful home boasts. Full of charm the living room is generous, stunning and features a fireplace. Kitchen is updated with granite counter tops and dining area as well as a formal dining room. The classic owner’s suite with en-suite bath is updated and inviting. A finished lower level offering another family room and flex space to use as an office, classroom or craft room is sure to please.

Enjoy the expansive deck to relax, entertain and enjoy the privacy of your own backyard oasis. Close to great schools and George Mason University, ten minutes to Fair Oaks Shopping, Tysons Galleria, Vienna Metro, Army Navy Golf Club and easy access to I66 and all major highways. Did we say NO HOA??? Yes, and with no HOA dues in the heart of Fairfax it makes Mosby Woods uniquely appealing. A large community pool and clubhouse is right inside the neighborhood which you can join for an annual fee. Activities abound and Dale Lestina Park offers walking trails and playgrounds in a wooded 8 acre setting. For more information on 3209 Traveler Street, 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

LOT For Sale in Lake of the Woods, VA! 208 Edgemont Lane Offered at $50,000

Build your dream home here on this incredible half-acre + lot backing to parkland! If you are looking for privacy on a sought-after larger lot, this is it!

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, waterskiing, 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 $100,000 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! For more information on 208 Edgemont Lane, 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.

monthly stats

February 2021 Lake of the Woods Monthly Market Statistics

In February, 20 homes sold in Lake of the Woods.
0 sold between $130-199,999;
4 sold between $200-249,999;
6 sold between $250,000-299,999;
5 sold between $300-349,999;
2 sold between $350,000-399,999;
2 sold between $400-599,999;
1 home sold over $600,000.

14 Active Listings for Sale
63 Homes Under Contract
40 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 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

Why You Shouldn’t Use Automatic Home Estimators to Price Your Home

Key Takeaways:

  • Automatic estimator tools are popular amongst homeowners and sellers, but they aren’t always the most reliable.
  • In some instances, these estimators can be off by thousands of dollars due to inaccurate data.
  • If you’re looking for a better way to determine your home’s market value, give us a call to get started!

Exposing the Inaccuracies of Automatic Home Estimators

If you own a home, you’ve probably wondered how much its value has increased since you first moved in. And while using an online estimator might seem convenient, you could end up with some pretty inaccurate numbers—and that’s bad news for sellers in today’s competitive market.

Want to make the most of your equity and find out how much your home is really worth? Here’s why working with a local real estate agent will always be better than trusting an “automatic” estimate.

Most estimators rely on user-reported data or algorithms

Home value on a laptop

Many homeowners believe that instant estimates are similar to a professional appraisal, but this simply isn’t the case. To generate a possible selling price, these real estate sites rely on potentially outdated algorithms that use property tax assessments, historic sold data, and user-reported information. Some estimators even use AI to scan photos of your home, which leaves ample room for error.

Estimators won’t take recent improvements into account

Couple renovating their kitchen

If you’ve made any larger improvements to your home, they may not get calculated into your instant estimate. Generally, most estimators will include any permitted work that’s noted on your latest tax assessment. But if you completed a project that didn’t require permits, it probably won’t influence the estimate.

For example, if you recently finished a kitchen renovation and didn’t have to take out a construction permit, an estimator could value your kitchen based on how it was before any upgrades. And if you rely on these incorrect numbers, you could shortchange your equity without even knowing it!  

Your estimate could be off by thousands of dollars

homes on coin stacks

Perhaps the biggest issue with automatic home estimators is their overall accuracy—or lack thereof. While most claim to be within 10% of a home’s real market value, that 10% could equal tens of thousands of dollars. When you look at the numbers, that’s a potential difference of $30,000 for a home worth $300,000!

Above all, it’s important to remember that these estimators will never substitute a professional valuation. If you’re really serious about selling your home or learning its value, it’s better to work with a local real estate agent instead—and take an estimator’s opinion with a grain of salt.

Bottom Line: Only Price Your Home with a Local Agent

Couple getting a home valuation from an agent

Want to know your home’s true value? Don’t trust a computer—start by consulting your local real estate agent! As area experts, we know how to calculate just how much your home could sell for in today’s competitive market. We can even take your renovations and recent sold data into account for an added level of accuracy.

Get Top Dollar for Your Home

Whether you’re thinking about selling your home or just want to know its value, you can trust us to help with all of your real estate needs. Contact us to request a complimentary home valuation, or just give us a call with any questions—we’d be happy to chat!

monthly stats

January 2021 Lake of the Woods Market Statistics

In January, 20 homes sold in Lake of the Woods.
1 sold between $130-199,999;
2 sold between $200-249,999;
3 sold between $249,900-299,999;
6 sold between $300-349,999;
5 sold between $350,000-399,999;
2 sold between $400-599,999;
1 home sold over $600,000.

13 Active Listings for Sale
55 Homes Under Contract
32 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 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

3 Reasons All Buyers and Sellers Should Use Listing Alerts

Key takeaways:

  • Listing alerts send new homes straight to your inbox as soon as they hit the MLS, and they’re the easiest way to keep up with the competitive market.
  • Listing alerts aren’t just useful for buyers—they can also help sellers stay up-to-date on other current and sold properties in their neighborhood.
  • Signing up for listing alerts only takes a minute, and you can always contact us to schedule a tour if you see a property you love!

Why Every Buyer and Seller Should Sign Up for Listing Alerts

Today’s real estate market is more fast-paced than ever—in fact, it’s not uncommon for a home to sell above asking price not long after it’s listed. So if you’re serious about buying, you need a to-the-minute resource to help you stay ahead of the competition.

This is where listing alerts come in handy. Just use our fully customizable filters to narrow down your search, and you’ll receive an email right when a home matching your criteria hits the market. And if you’re thinking about selling, you can also use listing alerts to scope out the competition in your neighborhood. 

Want to learn even more about the benefits of signing up for listing alerts? Here are three additional perks that every buyer and seller should know about.  

You’ll immediately see listings that match your criteria

Couple searching for a home online

Your home is likely one of the biggest investments you’ll ever make, which means it’s okay to be a little picky. Our listing alerts can be customized to your exact parameters, so you’ll know as soon as the right property becomes available. Take a look at our easy-to-use search tool to get started—we have filters for price, size, neighborhood, and even specific home features!  

You can create a portfolio of your favorite homes

Couple using a tablet to search for a home

When you sign up for our listing alerts, we’ll automatically create a personalized property organizer to help you keep track of all your favorite homes. Not only is this feature easy to use, it also allows you to save the listings you want to see in-person. You can even use your property organizer to schedule a showing, take a virtual tour from the comfort of your couch, or get in touch with a local agent for more information.

Sellers can keep up with sold listings, too

Recently sold home

If you’re like most buyers, you probably have an existing home you need to sell before you make a move. That’s why we designed our listing alerts to work with both active and sold homes. All you have to do is set your desired criteria, and we’ll send over listings right when they go under contract.

Wondering how listing alerts benefit you as a seller? By scoping out sold homes in your neighborhood, you’ll get a better idea of how fast and how much your home could sell for—you might even pick up some staging tips along the way, too. As if that isn’t enough, you can also browse other current listings to get a better idea of your competition!

Get the Latest Homes Sent Straight to Your Inbox!

Ready to sign up for listing alerts? We’re here to help! Contact us today to set up your first alert—we’d be happy to guide you through the process if you have any questions. And if you’re thinking about buying or selling soon, drop us a line for even more helpful information. We’re always here to lend our expertise.

 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

3 Reasons You Shouldn’t Use Zillow to Search for a Home

Key takeaways:

  • For years, Zillow has been one of the most popular real estate sites for buyers, sellers, and daydreamers—but it might not be the most reliable option for serious house hunters.
  • If you want to shop the hottest deals and see homes before they hit the market, it’s better to work with a local agent.
  • Need help finding the perfect home? Reach out to us today to get a head start on your search!

Why Zillow Isn’t the Best Option for Serious Homebuyers

We’ve all probably spent more time than we care to admit scrolling through listings on Zillow. While this popular real estate website might be good for daydreaming, it’s not always the best resource for buyers who are searching seriously for a home. In fact, according to a report by the Washington Post, some of Zillow’s “listings” aren’t actually on the market at all, and they could potentially contain inaccurate information.

Looking to stay ahead of the competition in today’s fast-paced market? Here’s why you should work with a local agent instead…and maybe even avoid Zillow altogether.

Zillow doesn’t always list Coming Soon or Pre-MLS homes

Coming soon home

Did you know that some homes are sold before they officially go on the market? If you’ve ever searched for listings online, you’ve likely seen at least a few properties labeled “Coming Soon.” This means they aren’t available for showings, but you can still make an offer and purchase them sight unseen. Sellers can take things a step further by advertising their home as “Pre-MLS,” which means the house might not even make it online before going under contract.

Because these types of homes don’t usually stay on the market for long, there’s a good chance they won’t be on Zillow. And if they are, they could already be sold by the time you see them! If you want to see homes before everybody else, your best bet is to ask your agent—they’ll be able to show you local listings that you can’t always find on national real estate sites.

Zillow’s information is often inaccurate

Searching for a home on a tablet

One of Zillow’s biggest (and most infamous) claims to fame is the “Zestimate”—an algorithm-based guess of a home’s potential selling price. While the company asserts that most Zestimates fall within 10% of a home’s actual market value, that 10% can be a difference of tens of thousands of dollars.

Some buyers use Zestimates to determine how much they should offer for a home, but this isn’t a surefire way to score a great deal. Because Zillow relies on government records and user-reported data, their Zestimates aren’t always as accurate as you might expect.

For example, if a property has undergone recent renovations or has incorrect property tax records, Zillow could price it higher or lower than what it’s really worth. Although Zestimates sometimes take into account a home’s condition, location, or other unique features, the evaluation process is entirely automated—and that could lead to even more inaccuracies.

If you ever have any questions about how much a home is worth, your agent will be able to offer more personalized (and reliable!) advice.

Real estate agents have better local connections

Real estate agent helping a couple

Countless home buyers start their search on Zillow simply because it’s one of the biggest real estate websites out there. While Zillow does have a broad reach, it lacks the personal touch and local expertise you get from working with a real estate agent in your area.

Real estate agents know the market better than anyone else, which means they can help you gauge whether or not a listing is priced fairly. In fact, many agents offer customized search tools that can give you a better perspective on homes for sale in your target area. And if you team up with a well-connected agent, they might even be aware of off-market properties you won’t see on Zillow.

Only Buy with the Best

Real estate has and always will be a hyper-local industry. So if you’re thinking about buying a home soon, we’d love to offer you a better experience than you’ll have on Zillow. Take a look at our handy search tool to start browsing the latest listings, and let us know if anything catches your eye. You can even sign up for customized listing alerts to get properties sent straight to your inbox!

 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

Valentine’s Weekend Happenings at Potomac Point Vineyard and Winery

Potomac Point Vineyard and Winery knows that you want your Valentine’s Day to be special, and they’ve come up with multiple ways to spend the weekend with the one you love! The Ladies at Wild Tribe Co. have put together beautifully decorated wine tents that are sure to put off that Valentine’s Day vibe! The tens will be available from 2/3 – 2/14, and if you decide to book them on Feb. 12th, 13th, or 14th, you will also have the ability to pre-order one of their “Love is Sweet” Dessert Platters!

Indoor and outdoor reservations will also be available on Valentine’s Day and have fireside options that you may request. Special menu selections will also be available from Feb. 12th – 14th and can be viewed by clicking here.

If you’re looking to spend this special day at home, Potomac Point has you covered with several to-go options! Make this Valentine’s Day special by spending your day with the one you love, and by visiting Potomac Point Vineyard and Winery!

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

Where to Go Snow Tubing This Winter!

If you love thrills and chills, then snow tubing is right up your alley! Being more affordable than skiing, available for practically any age, and no skill level required, it’s no surprise that snow tubing is one of the most fun family events that you can do this winter! The biggest question you may ask is where to go snow tubing? Here are a few locations found in Virginia!

Massanutten Resort

Located two hours west of Northern Virginia, this popular resort offers 90-minute snow tubing sessions with 16, 900 ft long lanes. Each lane has a 120-degree drop that is sure to get your adrenaline pumping!

Wintergreen Resort

Known for being the largest tubing park in Virginia, The Plunge is definitely one that you’ll want to visit! Being 10-stories high with a length of over 3 football fields, it’s not uncommon for riders to top 30 miles per hour on their tubes! Tickets are available for online purchase only, and are good for 75-minute sessions!

Bryce Resort

With three 800-foot long tubing lanes, a maximum of 40 tickets are available for 90-minute sessions every half-hour, so make sure to reserve your spot! Bryce Resort is located in Bayse, VA, and can be considered a more affordable option for snow tubing. The resort also offers ice skating for an additional $8 per person!

There are plenty more locations in and around Virginia to choose from to enjoy the fun that is snow tubing, and we encourage you to seek out the one that best for you and your family!

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

Free Virtual Home Seller Seminar on 2/13 From 11:00 AM – 12:00PM EST!

Join the Licata Group team for a fun, informative, and free webinar where you will learn how to BEST prepare your home for sale for top-dollar from leading industry professionals.

Interest rates continue to stay at a historic-low with more buyers than homes that are available! You’ll learn how the current market is affecting the home selling process and how it’s often leading to multiple-offer situations.

A Q&A session will be held at the end to answer your questions.

We understand the need to sell your home for the highest market value in the least amount of time, and you’ll learn how this can be achieved in this one-hour session! Join us for a fun, interactive, and informative webinar on February 13th, 11 am. Click Here to register!

 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