Money investment is always a serious endeavor. It takes
doing some serious calculations, thinking and analysis to be able to make the
right and final decision. Bringing the whole process to the end successfully is
highly rewarding. A smart investment, by all means, is the one that brings a return
on the investment – be it a genuine joy or certain financial gain. Bearing in
mind all these facts, is buying real estate in Virginia a good investment? We
can provide you with vital facts on the subject. Then, take your time to deal
with the dilemma and finally decide.
Things to know before considering buying real estate in Virginia as an
investment
It is a well-known fact that Virginia is the promised land
for nature and history lovers. Living among those mostly highly-educated and
friendly people is a real pleasure. Should you want to rest and relax, the
opportunities are ample to have a day trip or an excursion with your family. You
will not miss job opportunities either. If you already live in this state, you
might want to consider your options in other counties or cities as well.
So, before you start seeking professional assistance for your
local relocation in Virginia or even organizing a long-distance move after
purchasing real estate there, here are the facts of key importance to pay
attention to.
High standard and the matching cost of living
Whether we like or not, finances are among the most
important factors when choosing where to live. If you are considering
purchasing real estate in Virginia, it is essential to know that the cost of
living is relatively high. Understandably, the costs vary depending on the
area, but it is impossible not to admit that cities in some counties are very
expensive to live in. On the other hand, considering the number of perks
Virginia offers to its residents, one would say that moving there is worth
considering nevertheless.
To rent or to buy?
To buy we say. The prices of rent are considerably high.
Regardless of the type of residence and the area, rent in Virginia is well
above the national average. Thus, we would agree that buying real estate in
Virginia is an intelligent choice. Depending on the city you choose, you can
expect to pay anything between $220,000 and $850,000 for a decent home. This
wide range proves that you can find a favorable option for any budget. Even if
you have to downsize a bit in the beginning, this is not a reason to worry
since you can find
affordable storage units easily.
The population is on the increase
Yes, and it is getting very diverse. Multiculturalism in the
state makes people tolerant of differences and a nice place to live. You will
get used to your new home location in no time, and maybe consider buying
a vacation home in Virginia as well.
Traffic may spoil the fun
We have to admit that traffic in Virginia can be really
heavy. Hence, considerably lower gas prices when compared to the national
average do not matter much. Commute time is 28.2 minutes on the average, which
is slightly longer. If you opt for using public transportation, you can get a
pass for the unlimited number of rides in 30 days. It costs around $60.
However, minors, seniors and the disabled pay only $35.
A word or two on taxes
Income tax in Virginia is within the range of 2% to 5.75%,
unlike the property taxes which are below the average national value. They range
between 0.42% and 1.37%. If you are preparing for retirement, you will like to
hear that Virginia is a retirement tax-friendly country. Finally, the sales tax
is between 5.3% and 7%, depending on the county.
Healthcare
As is the case with the above-mentioned parameters, the
median healthcare price also varies greatly throughout Virginia. It can be up
to 2% lower than the national average, or be as much as 14% higher. Generally,
the bigger the city the higher the prices.
Timing matters
When considering buying real estate in Virginia as an
investment, timing is an important factor. It affects both the price and the
number of properties on the market. So, if you want to make a good investment,
remember this. If you want to have an immense number of options, spring is the
best time. This period is characterized by increased supply and a lot of
choices. On the other hand, if you have a limited budget, consider conducting
the purchase in summer. The prices tend to be lower and more affordable due to
summer holidays and less serious demand. Anything later than this goes with
certain hazard. You risk not finding the real estate of the quality you need
and want.
Where to buy real estate in Virginia?
Once you decide purchasing real estate in Virginia is what
you really want, choosing where to invest is the next dilemma. Most often,
buyers choose Arlington, Richmond, Virginia Beach, Falls Church, Norfolk, Williamsburg,
and Chantilly. Make a list of your needs, wants, and priorities and choose
accordingly. In case you realize you have made a mistake, study the tips
for marketing your home to millennials or target any other group, and sell
the property. Hence, you will have a chance to find something more appropriate
and invest again. We must admit the whole process is challenging indeed, but it
is not unachievable.
Buying real estate in Virginia – how to do it right?
Buying real estate in Virginia requires professional assistance. Having a real estate agent by your side in the process will save you a lot of trouble. Moreover, it will significantly reduce the risk of making a costly mistake of buying a property of low quality or even dealing with fraudulent sellers. An experienced and knowledgeable agent can help you with getting a mortgage, obtaining the necessary insurance and going through the settlement process smoothly. Then, after signing the contract of sale, you can get down the most important things to do after buying a home. At the end of the day, it turns out that buying real estate in Virginia is a good investment indeed.
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 homeworth?” 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.
Your search is over; this is the perfect place to call home! You could easily mistake this house for being brand new–so you can move right in without missing another beautiful day at the lake! Enjoy the fruit trees growing in your yard, days relaxing on your porch and so much more that the community has to offer.
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!
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 homeworth?” 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.
Build your dream home on this wooded lot in beautiful Lake of the Woods. This lot is less than a block from a public beach, and a very short walk to the park, pool, and neighborhood clubhouse. Come see what the lake life is all about in this gated, amenity filled, lake community. Enjoy your summer golfing, boating, fishing, or dining at the golf course or clubhouse!
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 homeworth?” 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.
Thinking about investing in property, or how nice it would be to vacation at your own lake house instead of renting one? Recently, the economy has led to an increase in second-home purchases, nationwide. Especially in the state of Virginia. When buying a vacation home in Virginia, you’re making one of the few investments that offer both financial and personal rewards. The best thing when purchasing a vacation home is that you don’t have to be rich to pull it off. This investment allows you to diversify your income, plan for retirement, take a vacation without extra costs, and maybe even build wealth. You need to set your goals before buying a second home. Weigh out the pros and cons, and once you’re clear on why you want to buy it, you can focus your search and match it with your priorities.
Advantages of buying a vacation home in Virginia
No matter which part of society you belong to, whether you are a retiree who is seeking to escape city life or a lake lover who wants to live in Lake of the Woods, you have the option of buying a home. Whether you’re looking to buy a property as a vacation home for summers or winters or just looking for an investment property to rent out, there are homes that can meet a wide range of budgets.
Long-term profits
Today, people are
starting to value short term over long term profit, because earnings are more
significant when repeated many times over a short period. Luckily for you,
vacation properties have retained their value because they are located in areas
which are still popular. Because the mountains and shorelines are limited,
there is a finite number of houses which can be built. That holds the price
when it comes to vacation properties.
Real estate has always had its ups and downs, and will likely continue to have them in the future. Therefore, keep in mind that there is no guarantee that your second home will sell for a higher price in the future.
Vacation properties have retained their value, so renting it is
a good choice
Taxes
When buying a vacation
home in Virginia, think about tax deductions and how you want to use your
property. Will that be a home for rent, or will it only be for personal
enjoyment? Many people prefer not to rent their second home because if they did,
the interest on the mortgage and the property taxes would be fully deductible
from the gross income. This mortgage can be treated the same way you are
treating the mortgage on your primary residence.
Income
A great thing about
buying a vacation home in Virginia is that you can decide to rent it out. You
can always use it yourself. Whether you are renting it or just personally using
the property, you are going to have to invest in it. Furnishing a house requests
a certain amount of money, but renting afterward can help you return at least a
part of it. You have the option to move things from your family home to a
vacation home, this way you can redesign your home. Moving your household with professional help is your best option for a
stress-free move. Once you have furnished your vacation home, you can start
renting it out.
Rental fees differ from
season to season. Another important factor is the popularity of the resort
location. For most resorts, weekly rental fees are equal to or greater than the
monthly mortgage payment.
Convenience
Buying a vacation home
in Virginia can be really convenient. You have the option to keep the items
that you exclusively use there in your vacation home, which simplifies travel
and packing. If you and your family like to ski, you can store some of your
winter clothes and ski equipment in your vacation home. This allows you to
easily make spontaneous trips for a weekend of skiing without having to worry
about packing.
Retirement
The goal most retirees
strive for is to have a place of retreat for the times of the year they dislike
spending in the primary residence. Buying a vacation home in Virginia is a
great investment for those people. You would be one of the lucky ones if you buy a second home before retirement. You then
have the time to experience the benefits of a refuge. If it turns out that
wasn’t your dream, you also have time to correct the mistake and maybe sell it.
Gathering location
Memories are the one thing no one can take away from us, and places stir memories in people. Both big and small families enjoy annual gatherings. Building a tradition keeps families strong and in some way obligates them to see each other, even for one day. Buying a vacation home in Virginia will not only be an investment for your future, but also an investment for the beautiful memories you’ve created in the past. The annual gatherings keep families close, especially if people are all over the country.
You can’t put a price on the memories – especially a home that
has been a site of many happy gatherings.
Some people struggle
whether to buy a vacation home or not, even when the finances are acceptable.
Some of the questions they encounter are:
· Do
I want to vacation in the same place every year?
· Will
this make me happy?
· Can
I handle renting the property to a stranger?
· Will
I come as often as I hope?
· Will my kids and grandkids use this property once I am gone?
Some people struggle to decide whether to buy a vacation home or
not
Buying a vacation home in Virginia is a long-term commitment. You need to be prepared if your dreams don’t come true because you could be stuck with high costs and responsibilities for years. For many buyers, dreams do come true, and the payoff is well worth it. Sometimes, you have to risk money to make money.
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 homeworth?” 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.
If you’re gearing up to sell your home, you’ve probably read tons of articles all about what you should be doing…but what about what you shouldn’t be doing? After all, selling your home is a huge financial decision, and a misstep could mean losing out on your hard-earned profit.
Don’t let something as easy to fix as not staging or pricing incorrectly throw off the success of your sale! Here are the top five mistakes to avoid when selling your home.
Setting an Unrealistic Price
It might come as a surprise, but pricing a home is tricky. Not only do you have to take into account what homes around yours have recently sold for (or, in other words, what buyers are willing to pay), but you also need to know how to value any updates and improvements you’ve made. Plus, you want your home to be priced so that it pops up in as many online searches as possible. When it comes to finding that magic number, sellers’ emotions often cloud the ability to accurately price a home.
So you’ll just use an automatic estimator, and that’ll take care of things, right? Well, only if you’re okay with using outdated data and not taking into account any upgrades you’ve made. The best way to get a price that guarantees you’ll maximize your investment? Enlisting the help of an experienced local agent.
Ignoring Major Repairs (or Making the Wrong Ones)
During the inspection process, your home will be reviewed with a fine-tooth comb. Any things you’ve been avoiding, like leaky faucets, outdated water heaters, or water damage in the ceilings, will be noted and shared with buyers. Additionally, if there are any major necessary repairs that you didn’t disclose ahead of time, you could find yourself in serious legal trouble—or with a cancelled sale on your hands.
Limiting Showings & Failing to Stage
You’re selling your home, but you want to sell it on your terms. You don’t want to have showings every weekend or on short notice, and you don’t want to have to rearrange furniture or remove decor for staging. While changing your home or lifestyle to accommodate buyers might seem like a major hassle, being inflexible is only going to hurt you in the long run.
Buyers are going to want to see your home, sometimes more than once, and it needs to be looking its best if you want to get serious (and competitive) offers. In fact, staged homes have been shown to sell almost 90% faster and for a 20% higher profit than non-staged homes!
Letting Your Emotions Get in the Way
You’ve made a lot of memories in your home, and the space likely holds indescribable value to you. So hearing people walk through the house and point out all of the flaws—then not make an offer—can be draining. A good rule of thumb for selling? Think of the process as a business transaction, and think of yourself as a salesperson, not a homeowner. Creating that divide will not only improve your emotional state, but it’ll also help you see exactly how your home can be better than it is.
Not Hiring an Agent
Thinking of listing For Sale by Owner to avoid agent commission fees? In reality, selling FSBO can actually COST you money in the long run;. according to a 2016 study by the National Association of Realtors®, the average price for a FSBO home was around $185,000—which is $60,000 less than the average price of a home listed by an agent ($245,000).
Aside from pricing, there’s a lot more that an agent can help you with. They’ll come up with a marketing plan for your home, suggest personalized staging strategies, conduct open houses and showings for you, and guide you through any problems or roadblocks along the way, all of which will take a load of work and stress off of your shoulders.
Ready to List Your Home?
Feeling a little intimidated by the home-selling process? Don’t worry—we’re here to help! Not only can we give you a few more pointers on what you should and shouldn’t do, but we’ll also be around to guide you through every aspect of the sale, from listing to showings to closing.
Ready to learn a little more about what it takes to sell for top dollar? Just give our team a call to get started!
Are you considering going into the Virginia real estate market? While this could turn out to be the investment of your life, you should be careful; buying a piece of real estate is no small feat. This will be a complicated process, during which you will definitely have a lot to do. So, before you make such a purchase, ideally you should consider all the factors; the amount of money you can spend, the features you want from a home, and the best possible neighborhood. But apart from that; as a Canadian who’s buying a property in Virginia; you should also consider the legal practicalities of such a purchase. Don’t worry, though; we’ve got it all covered right here!
Finding a good real estate agent in Virginia
It doesn’t matter if you’re moving down the street or if your move is a long-distance one; if you ask us, choosing your new neighborhood and the specific piece of property will be of major importance. And if you want to play this smart, you should contact an experienced local real estate agent. Trust us; a good agent is worth their weight in gold. During the process of buying a property in Virginia, a professional agent will lead you every step of the way. They’ll draft the order you write, and negotiate in your name with any potential sellers. If you hire an agent to take care of the purchase for you, they’ll get a better deal in terms of the smaller details too, such as the house closing costs and the escrow process.
Hiring a real estate agent
Apart from handling some of the specifics of buying a property in Virginia, your real estate agent can be of help in other ways as well. Having a professional who knows the real estate trends of the area will be of major use, trust us. And besides; in most cases, working with a real estate agent on buying a home won’t actually cost you a dime. Why? Well, the usual practice is the seller paying the whole commission for the realtor. Typically, that’s around 5% of the sale price for the home, that the seller’s agent and your own agent split between each other. Also, your real estate agent can help with finding other professionals who can provide you with different services in the process of purchasing a home; like home inspectors or mortgage brokers.
If you want a quality home, hire a good realtor!
Naturally, you must be wondering what the best way to select a particular real estate agent is. First and foremost, you want to make sure that your potential agent is licensed; check the registry of the Virginia Department of Professional and Occupational Regulation. Apart from that, you want to hear the different reviews on real estate agents, on places like Trulia and Zillow. Trust us, if you choose your real estate agent correctly, and use other professionals prudently, buying a home here can be an extremely pleasant experience.
Sale disclosures
As a Canadian who’s buying a property in Virginia, one thing is certain; you’re probably not too familiar with local laws. Even people who’ve lived in Virginia their entire lives aren’t always well-versed in the legalities of home purchases in the area. For example – while you’re searching for the perfect neighborhood in the area, you might want to familiarize yourself with the seller disclosures that the law demands. And just what are these, you ask? Well, these are regulations which obligate home sellers in the state of Virginia to report some types of defects on their properties. The aforementioned Virginia Department of Professional and Occupational Regulation has the details within their Residential Property Disclosure document, but we’ll give you the gist of it here.
There are certain issues that a seller must disclose
In essence, there are a few kinds of defects that a seller must disclose during a real estate transaction. First of all, they must tell the buyer if the property is nearby a military air installation. Secondly, they must report any defective drywall. Also, a seller must report if their property was at any point the site of a meth lab, if it hasn’t been cleaned up in accordance with state guidelines. Finally, a seller is obligated to tell the buyer if their home has a septic system that isn’t fully functioning.
Also, people selling houses which were built before 1978 have an additional piece of compliance to perform. They need to make certain that their house complies with federal regulations on lead-based hazards, and more specifically lead paint.
Getting a home inspection
If you were to take a look at seller-disclosure regulations in other states, you’d find that buyers are much more protected. In other words, the list of defects that the sellers have an obligation to report is far larger. But with the disclosure limits here, buying a property in Virginia usually means one thing – hiring someone to do an independent home inspection.
If you want to make sure you’re buying a good home, a home inspection is in order
In the process, this outside inspector has to check out an entire host of potential issues. For example, you want them to see if the house is susceptible to any pests or termites. Then, you need to be sure that there are no structural issues, and that the roof and windows stand upon a firm foundation. And finally, there are the drainage and other soil issues, as well as mold or the presence of certain odors.
Hopefully, any Canadians buying a property in Virginia can find this guide useful. You are surely going to enjoy 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 homeworth?” 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.
A new home is a big financial investment. Not only will you likely be pouring a lot of your savings into the purchase, but you’ll also be choosing a place to call home for years to come. The last thing you want is to spend all of that time and money only to discover a costly maintenance or structural issue.
Even though you’ll get a professional inspection done, there are certain red flags that you should specifically be looking out for during the first walkthrough. By recognizing these problem areas right away, you can put emphasis on them during the inspection. Save yourself time, money, and stress, and know these major home-buying warning signs.
Foundational Flaws
It’s not like you can pull the house up from the ground and get a closer look at the foundation, so how do you tell if there are any issues? A few surefire signs of a faulty foundation include sloping floors, swinging and sticking doors, visible cracks above window frames, and cabinets separating from the walls.
Faulty foundations can go on to cause major damage in the home, and like most problems, the longer it goes unrepaired, the worse it will get. Minor cracks will only cost around $500, while major repairs could total up to $10,000. These are expenses you don’t want—and shouldn’t have—to get saddled with, so keep an eye out during the walkthrough and get a professional opinion from the inspection.
Signs of Amateur Repairs
Lots of homeowners choose to DIY repairs for a variety of reasons, from budget issues to scheduling conflicts. If they know what they’re doing (or the project is something relatively simple), then there shouldn’t be any issues. But if they, say, looked up a video tutorial on how to wire electricity to a new outlet—having never done electrical work before—then you might have some problems down the road.
Even small things that seem unimportant, like light switches wired to the wrong lights, leaky faucets, or shoddy tiling work, can be signs of larger problems elsewhere in the home. If you run into things like this, then you might ask your home inspector to take a deeper look into other areas of the house that have been recently repaired.
Concealed Damage
Speaking of amateur repairs, some problems might seem a little too big (or expensive) to fix. That’s when homeowners might try to cover it up instead of paying for repairs. For example: a fresh coat of paint is to be expected in many homes on the market. But if the paint only covers a small section of the wall or is dotted around the ceiling, that could mean the owner is trying to hide water damage. Depending on how extensive the damage is, it will cost hundreds or thousands of dollars to repair. And if it sneaks past the inspection, it could be on your dime.
In the same vein, things like candles and air fresheners are also expected during showings. But if you notice that the scents are a little too strong, then the sellers could be trying to cover up mold or mildew odors, smelly pets, or damage from smoking. A home is a huge investment, so don’t be afraid to really look into that dry wall and make sure it’s mold-free.
Roofs in Disrepair
Remember those spots of fresh paint? If you notice those in a house, then there’s a pretty good chance that the water is coming from the roof. Other major signs of a damaged roof include curling or missing shingles, signs of buckling, discoloration or stains, and leaning or loose chimneys and gutters.
While a home inspector will likely check the roof, if you notice any of the above signs, you may want to ask for an extra in-depth look. After all, roof repairs can cost anywhere from $200 to several thousand dollars, so even though the roof is out of sight, always keep it in mind.
Need Some Help Searching?
Buying a home is a huge investment, and you want to make sure you’re spending your money wisely. If you’re feeling overwhelmed by the walk through process, don’t worry—we’re here to help. Not only can we point out any issues we see with the home right away, but we can also recommend top inspectors and help with negotiations for repairs.
Explore a few more of the home-buying resources we have to offer, and give us a call when you’re ready to see a few homes!
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 homeworth?” 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.
Have you always dreamed of living at the lake? Don’t miss your chance to build your dream home on sought-after Stratford Circle! Just a short walk to one of the most popular beaches, Ramsay Beach! There is so much right within the gates of the community to enjoy. 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 $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!
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 homeworth?” 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.
Bring the kids out for a free, fun OUTDOOR movie night under the stars! We’ll have popcorn and other classic movie snacks and drinks for you and your family to enjoy while watching Secret Life of Pets right at the Lake of the Woods Clubhouse Point! Invite your neighbors and friends that have little ones that would enjoy the show with you. Please bring your own blanket or chairs for seating and arrive early to get a good spot! RSVP online: RSVP, or by calling 540-388-2541 or email Cheryl@LicataGroup.com . This movie screening will begin at 9PM sharp on Friday, July 12, 2019.
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 homeworth?” 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.
Millennials get a lot of flack, but they’re an important part of the real estate market. In fact, they make up the largest generational percentage of home buyers right now!
So, if you’re planning on selling your home soon, it’s important to keep the average millennial home buyer in mind. This generation is unlike any that’s come before it, and the way they buy everything (from laundry detergent to life insurance) is unique.
When it comes to catching the eye of the discerning millennial home buyer, here’s what you need to do:
Create a Strong Internet Presence
It goes without saying that millennials rely on the Internet for, well, everything. This isn’t unusual: the Internet makes every kind of shopping easier and more accessible.
As such, giving your home an effective online presence is key. It needs to be easy to find via the most popular home-buying networks, and it has to look great no matter the screen size. After all, more home buyers than ever before are using their smartphones to find their dream home.
Don’t Underestimate the Importance of Professional Listing Photos
Because millennials rely on the Internet to search homes for sale, your home’s photos have to stand out in a big way. After all, with the right photographer even the smallest home can look like a palace.
So, don’t skimp on this expense! Great photos could be the difference between a home selling within hours, and a home languishing on the market for months.
Show How Your Home Will Improve their Lifestyle
Millennials are looking for homes that will improve their lifestyles and be close to wherever they need to be during the week. As you market your home online, be sure you’re highlighting both its features and location in your listing description.
Tell an exciting story of how much better their life will be once they buy your home! Craft your listing description to carefully touch on all the best parts of your home and its surroundings, and let buyers know exactly why they need to buy it.
Know What Millennials are Looking for in a Home
So, what are millennials looking for anyway? Market research finds that millennial buyers are attracted to affordable homes with eco-friendly and smart features. If your home has any green features or environmentally friendly add-ons, you’ll definitely want to highlight them.
In addition, if you’ve outfitted your home to accommodate any smart features that use technology—like a Nest thermostat or other Smart Home appliances—be sure to mention that in your listing description and social media promotion.
Use a Pro to Market Your Home
The easiest way to market your home to millennials? Work with a real estate specialist who understands this unique market—and how to best target real estate’s next generation of buyers.
Give us a call today for more information about selling your home to millennials!
