Category Archives: Real Estate News

4 Ways to Maximize the Potential of Your Home’s Flex Space

Are you stuck at home and looking to take on a DIY project? If you have an extra room or a small nook that you just don’t know how to use, try tackling a mini home makeover! Here are some out-of-the-box ways to transform surplus flex space into a room that you’ll actually use…and will maybe even appeal to future buyers.

Here’s How to Take Advantage Your Flex Space

A flex space is an area in your home that can be customized and used in a number of different ways. They’re designed to be flexible (hence the name), and their function can be changed depending on the kind of room you need. 

Looking for some inspiration to really spruce up your flex space? Here are a few ideas that won’t require much money or time.

Incorporate a home office

Home office desk

Have you recently started working from home? If so, it might be worth setting up your own home office. Even if you don’t have a separate room for your workspace, you can easily create a dedicated office with what you have.

If you really need a place to work, start by moving around some furniture or finding a quieter area in your house that doesn’t get used often. Remember—this is supposed to be an office you’ll want to spend time in, so be sure to add more than just a desk. Some great lighting, storage for supplies, and a comfy couch or task chair can tie the whole workspace together. 

Create a home gym

Workout equipment

Turning your flex space into a home gym is a practical way to show off its potential as a multi-use space. And if you’ve been slacking off on your workouts recently, having a dedicated active area can help you stay fit without leaving home.

To get started, try adding some mirrors, a wall-mounted weight rack, and exercise equipment that you’ll actually use (like resistance bands, a stability ball, or dumbbells). You can also incorporate a television or child-safe mats to easily turn your workout spot into a media room or play area!

Make the most of smaller spaces

Woman reading in a hammock

Does your home have a smaller room or nook that doesn’t seem to serve a purpose? You can make the most of these awkward spaces by transforming them into whatever you want—the options really are endless here, so feel free to get creative.

If you aren’t sure where to start, just let your imagination run wild. If you love to read, consider creating a small library or reading nook where you can relax with your favorite book. Want to pick up a new skill? Having a dedicated hobby room makes it easy to spend time doing what you love. You can even design a designated space for your pets or a playroom for your children—it’s all up to you! 

Add tons of storage

Shelving in a home office

No matter what you choose to do with your flex area, it’s crucial to have enough storage space. You never know what you might use a particular room for in the future—but closets, shelving, and cabinets are always useful additions. 

Even if a room doesn’t have a dedicated closet, you can create stylish storage by adding built-ins or tall bookcases. For a more minimalist look, wall mounted shelves are the way to go. You can even incorporate storage as part of your decor by investing in a trendy ottoman or a set of matching baskets.

Getting Ready to Sell?

If you’re thinking about listing your home and want to maximize the potential of your flex space, we’d be happy to help! While it may be impossible to predict how current events will affect the market, you can still sell quickly and for top dollar—just give us a call for all the details.

Licata Group/KWCP Coronavirus Update

With the recent orders from Governor Northem in regards to the Coronavirus, we at The Licata Group/KWCP have decided to temporarily close our physical office at 36111 Goodwin Drive in Locust Grove, VA. That being said, our efforts to serve our community and continuing our efforts to get the job done for our clients who are buying and selling will not stop. Effective today, 4/1/2020, we will be working remotely. Our phones will remain active and we will not slow down at all. We will continue to work with clients, and provide the best possible service during this time.

If you have any questions, feel free to call us at (540) 388-2541.

We thank you for your understanding, and look forward to continuing to working with the best clients that the great Commonwealth of Virginia has to offer.

Meet the Newest Member of the Licata Group, Barbra Crane!

We are happy to introduce you to the newest member of the Licata Group family, our new Listing Manager, Barbra Crane!

Barbra began her real estate career in 1998 as a licensed assistant. She then went on to sell real estate and has won several awards for her production over the years.  In 2004 she obtained her Broker’s license, and in 2008 she became the team leader for the Stafford KW office.  It was there that she found her a passion in helping agents succeed. Being a team leader is what made her realize that her calling is in helping realtors build their business and teams. Her favorite part of the work she does is the involvement in listings.  

She joined the Licata Group as the Listing Manager because she felt that she could have the best of both worlds.  She could work with listings, which are her favorite, as well as helping the agents within the Licata Group and our wonderful clientele. She thoroughly enjoys the work she does, and it has become her true passion in life. When out of the office, she likes to spend her free time by camping, traveling to various places both old and new, and racing! 

We are happy to have such an amazing person become a member of our family, and we look forward to seeing how she will enhance the experience for our real estate advisors and for our clients!

March 2020 Lake of the Woods Market Statistics

In March, 22 homes sold in Lake of the Woods.
2 sold between $130-200,000;
7 sold between $200-249,000;
5 sold between $250-299,000;
5 sold between $300-400,000;
3 sold between $500-$600,000.

66 Active Listings for Sale
48 Homes Under Contract
33 Homes Sold since January 1, 2020.

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.

How COVID-19 Is Impacting Real Estate

If you’ve been thinking about buying or selling a home in the near future, the unprecedented events of the last few weeks might have left you feeling a bit uncertain. COVID-19 has undoubtedly affected all of our lives, but that doesn’t mean you need to press pause on your real estate dreams. 

We want to set the record straight about how these changes to everyday life affect buyers, sellers, and agents…and how you can protect yourself while continuing to pursue your goals. 

How Will COVID-19 Affect the Real Estate Market?

Our way of life has changed dramatically within the course of just a few weeks, and the real estate market has shifted, too. Have a few questions? It’s hard to predict what will happen in the future, but here’s what we know right now.

Expect some major market shifts

Person studying COVID-19 graph

As we adjust to a new normal, it’s clear that COVID-19 will have a lasting impact on every industry in the country—including real estate. However, this doesn’t mean that investors aren’t still buying and selling homes. A recent survey by the National Association of Realtors shows that 61% of sellers plan to keep their houses on the market, and over half of buyers will continue to shop for a home.

Although we’ll likely see a reduced number of sales in the coming weeks and months, record-low interest rates and a continuously low supply of homes might help to prevent any drastic price drops. Many economists also believe that another housing market crash is unlikely due to new regulations and stricter mortgage qualifications. 

Buying and Selling a Home During COVID-19

As of early April, agents are continuing to help their clients buy and sell homes—but you can expect to see some changes aimed at keeping everyone safe and healthy.

Essential Tips for Sellers

Cleaning supplies

Selling a home during the COVID-19 outbreak is definitely uncharted territory, but as we’ve seen in the last few weeks, it’s not impossible. Many sellers and their agents have worked together to pioneer new marketing strategies…some of which might last even after life returns to normal. Before you start scheduling those virtual showings, here are some tips to consider.

Make sure you’re healthy

First and foremost, it’s crucial to ensure that every member of your household is healthy before and during the selling process. Alert your agent right away if you’re feeling sick so they can halt in-person showings. 

Sanitize your home

As a seller, your main priority should be ensuring that your home is germ-free, especially before a showing. We recommend wiping down all surfaces with disinfectant wipes and sprays and offering hand sanitizer to potential buyers. Reduce unnecessary touching by pre-opening any doors, cabinets, or drawers and turning on all lights before a showing.

Capitalize on digital marketing

If you still plan on selling soon, have your agent use the latest digital marketing techniques to really showcase your listing. Open houses and showings might be out, but virtual tours and showings via video sharing platforms are in—and it’s important to capitalize on these techniques to draw in potential buyers.

Essential Tips for Buyers

Person using a tablet

Believe it or not, it’s still possible to buy a home during these uncertain times—and modern technology is making everything easier than you might expect. Here’s how to stay safe and healthy throughout the entire buying process.

Make sure you’re healthy 

If you’re feeling ill, it’s important that you stay home, practice social distancing, and avoid any showings. However, you can still continue to tour homes virtually and chat with your agent via online meetings.

Use virtual homebuying technology

Thanks to new innovations, it’s easier than ever to explore listings from the comfort of your couch. If you don’t want to attend a showing, many agents provide in-depth virtual tours and personal walkthroughs through video platforms like FaceTime and Zoom. 

It’s also possible to complete the entire closing process remotely. Chances are, most documents can be signed electronically, which adds another layer of convenience and safety. Some states even allow you to virtually notarize your paperwork! 

Take extra precautions during in-person showings

Want to see a home in person before making an offer? If your agent still offers normal showings, there are a few extra steps you should take to keep yourself (and the sellers) safe. Carry hand sanitizer with you and try to refrain from touching any surfaces. This might be difficult, but it’s the easiest way to mitigate the spread of germs. If your community has a shelter-in-place order, you may have to postpone any in-person showings until restrictions are lifted.

Have More Questions?

As we navigate the changes inflicted upon the market by COVID-19, it’s crucial to consider your individual needs and follow local guidelines. We’re constantly on the lookout for new ways to assist our clients, and we’re determined to protect your health and safety while helping you meet your goals. If you have any questions, please don’t hesitate to contact us.

Annual Festival of Kites Happening on September, 12th in Richmond, VA!

The annual Festival of Kites is coming back to town on September 12th, at Brown’s Island in Richmond, Virginia! From 11AM – 6PM you’ll enjoy seeing all the various kites take to the sky, and you’ll definitely want to join in on the fun! Moon bounces and inflatables will also be available for kids and adults to enjoy! If you’re wanting to bring your own kite to fly, you’re more than welcome to, or you can purchase there! Supplies are limited though, so be prepared just in case! If all the kite flying works up an appetite, don’t fret because several food vendors will be setting up, as well as fresh smoothies and other beverages. There will also be an array of various vendors that will be displaying fine art, jewelry crafts and more! This will be a rain or shine event, and admission is FREE, so bring the whole family to join in on the fun!

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

5 Ways to Freshen Up Your Decor for Spring

The days are getting longer, temperatures are starting to climb, and the trees are finally starting to turn green again. As spring approaches, it’s a great time to freshen up your decor and add a splash of color to your space. Looking for some quick, easy, and affordable design tips? Here are a few ways to welcome spring into your home…especially if you’re thinking about selling in the next few months!

Our Top Spring Decor Tips

Do Some Spring Cleaning

Person cleaning a kitchen

Before you make any decor updates, it’s crucial to get every inch of your home looking pristine. Spring cleaning involves more than just a little scrubbing—you should take some time to reorganize, too!

If you’re feeling a little overwhelmed, just start by working room by room and removing any clutter. It may also be beneficial to make “keep,” “donate,” and “throw away” piles to ensure that everything stays in order. After you’ve freed up some space, break out the cleaning supplies and banish any dust, cobwebs, and grime. Don’t have time to do it all yourself? Consider hiring a professional cleaner or organizer.

Incorporate a Little Greenery

Roses in a vase

Want to breathe new life into your home? Take some inspiration from nature! Adding freshly-cut or potted flowers and greenery can turn your house into a home—and if you’re selling, your buyers might appreciate the extra pop of color.

If you’re not sure where to start, consider picking up a ready-made bouquet or some low-maintenance houseplants for your living room, kitchen, or bedroom. Placing them in trendy planters and decorative vases can create an added level of style. For a final splash of spring, try hanging a wreath of seasonal blossoms or greenery on your front door to welcome guests inside.

Add New Accessories

Blue-themed living room

Take some time to get rid of your winter accessories and usher in a brand-new season. Light and bright colors, linens, textured pottery, and raw wood accents are all on-trend this spring, and adding these small details can really elevate your home’s style.

Start by incorporating some new accent pillows and paring down your current accessories in favor of a more curated collection. This is particularly important if you’re getting ready to sell; you’ll want to depersonalize your space, but it should still feel like a home. Hanging some different art on your walls can also help you transition to spring—we recommend floral prints or paintings.

Freshen Up with Inviting Scents

Lit candle in a living room

Is your home smelling a little musty after a long winter? Throw open the windows and freshen up with some invigorating scents…especially if you’ll be inviting buyers into your home.

Before you integrate spring fragrances, however, be sure to eliminate any unpleasant odors first. Once you’ve deodorized, swap out those holiday candles in favor of some fresher aromas. Lavender, fresh cotton, and lemongrass are all great choices, and they won’t be too overpowering.

Don’t Neglect Your Outdoor Space!

Spring patio with a table and chairs

As you prep for the warmer months ahead, the outside of your home matters just as much as the inside. Your outdoor space can really make or break a sale during the spring, as buyers are probably ready to spend some time outside. Even if you aren’t selling soon, your yard, porch, deck, or patio could probably use a little extra attention.

Brush off the winter blues by sweeping away any debris, addressing brown spots on your lawn, and getting rid of any dead or wilting plants. You might also want to incorporate some new outdoor furniture on your deck or patio to show off its potential.

Ready To Sell Your Home This Spring?

If you’re looking for spring decorating tips because you’re planning on selling your home soon, we’d love to help you navigate every step of the process. Feel free to reach out to us for more staging strategies and seller tips—we can even help you list your home with just a few clicks!

New Waterfront Listing! 2405 Lakeview Pkwy in Lake of the Woods, VA Offered at $359,900

You will just fall in love with this adorable home and it’s beautiful lake view! Kitchen has granite counter tops and stainless steel appliances. Walk out onto the deck from Master bedroom to enjoy the view of the lake! 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 the mid-$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! If you would like more information about this property, be sure to 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.

10 Things Buyers Need To Know In A Seller’s Market

When you’re making an investment of any sort, there’s one thing more important than just securing all the funds you need. You also need to do enough research to make sure you’re going to end up making a truly informed decision. And in this regard, real estate investments are no different. Especially if you’re a buyer in a seller’s market – you need to have all the right data and info. And that’s precisely what we’re going to talk about here!

Working With A Proper Realtor

If you’re buying in a seller’s market, before you actually present an offer to your seller of choice; you want to have all the right information. And in order to do that, you need to have the right representation while you’re buying a property. If you’re facing a steep seller’s market, a good real estate agent will make all the difference in the world. For example, they’ll be able to ask all the right questions when talking to the seller’s agent and figure out all of the activity on the home that you need to know about.

Doing Research In A Timely Manner

When you’re buying a home and moving there, you need to do everything you can in regards to making your relocation less expensive than it needs to be. And that means doing all the prerequisite research; not just on the specific property, but on the market in general. Once you’ve gotten the sense of the kind of home you want, or even the preferred neighborhoods that you have in mind; you should start learning all you can about them. This is another thing your real estate agent will be good at, so finding one early on is important.

An informed decision is the only good one!

Separating Needs And Wants

One of the realities of buyers in a seller’s market is pure and simple – you’ll need to get your priorities in order. It doesn’t matter whether you’re looking for a vacation home or a house you’ll primarily be living in. You still need to forego a couple of your less urgent wants and focus on what you truly require. So, a few compromises on the home’s condition, the local amenities, or the location will simply have to happen in a seller’s market; coming to terms with this reality is good for you.

Stay Within Budget

A seller’s market is, as the name suggests – one where, to paraphrase the old adage, buyers can’t be choosers. With this in mind, you need to say goodbye to the idea of presenting low-ball offers to your sellers. Find a price range you’re completely comfortable with, and make sure you stay within it. If you’re hoping that the seller might drop their listed price down to something more acceptable for you; that isn’t one of the smart things to do in a demand-heavy market where sellers have their pick.

Don’t let your chase for a dream home make you unrealistic!

Scheduling Flexibility

Before you can find a good moving company like bluebellmovingandstorage.com to help you out with your relocation to a new home; you will need to do everything in your power to make sure you can nab the right property. And that means one thing – flexibility! You need to learn of the seller’s time schedule and adjust yourself accordingly.

Usually, it’s useful to learn why the seller in question is moving away; that’ll be a great hint in terms of your closing date. If they’re looking to leave in a hurry, they may want someone who can deal with a quick closing date. On the other hand, they may require extra time to relocate. If there are other buyers you’re competing with (and in a seller’s market, there usually are), this will net you bonus points with the seller. Never underestimate goodwill as a factor!

More Cash Upfront

This isn’t something you can always influence, depending on your budget and personal finances. But generally speaking, a seller’s market reasonably favors people who can offer a larger amount of earnest money. This will, logically, pique the seller’s interest in negotiating with you. When sellers have favorable market conditions and receive lots of offers, a big deposit could be what makes the crucial difference.

Having more cash to offer will differentiate you from the rest of the buyers!

Get Personal

Depending on the seller in question, including some humanity and emotion into the equation could also be the deciding factor. For example, you could write up a letter that you’ll include with the purchase offer, in order for the seller to know your personal reasons for buying the home. Try to become friendly with them through the letter as well – for instance, complimenting their home decor or well-kept outdoors.

Remember – many of the sellers still like the home that they’re selling. That’s why they’d also like for the home to go to someone who’s going to love it just as much!

Look For Potential

As we’ve mentioned above, a seller’s market does demand a certain level of compromise from a buyer. That’s why you shouldn’t take any home at face value; try to find the promise and potential within a good property. Perhaps you’ll be able to change a currently unfavorable layout later on?

Don’t Overdo Due Diligence

So far, we’ve talked quite a lot about the importance of making an informed decision. However, you should bear the other side of the coin in mind as well. Remember – real estate markets are a dynamic place. In certain situations, sellers will use the “other people are making offers” ploy as a tactic to get you to panic and agree to a less favorable price. Bear in mind though, that in a seller’s market, this is sometimes truly the case. You need to strike a careful balance between due diligence and overthinking, or the perfect home may slip away!

 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

February 2020 Lake of the Woods Market Statistics

In February, 16 homes sold in Lake of the Woods.
2 sold between $130-200,000;
1 sold between $200-250,000;
7 sold between $250-300,000; 5 sold between $300-400,000;
1 sold at $600,000.

66 Active Listings for Sale
48 Homes Under Contract
33 Homes Sold since January 1, 2020.

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.