79 Active Homes for Sale 60 Homes Under Contract 95 Homes Sold since January 1, 2019.
(Data as of June 2, 2019)
Thinking of buying or selling?
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.
Repainting the walls, updating the kitchen and bathroom, replacing the hot water heater—there are ways to increase your home’s value that stand the test of time. But as the market and the priorities of buyers change, there are newer, more popular ways to get a high return on your investment!
Smart home technology is becoming a bigger factor for buyers, and it’s not hard to see why. Things like smart appliances, high-efficiency lighting, and programmable thermostats aren’t only convenient, but they also save you money on utility bills! Lucky for sellers, smart home technology is pretty affordable compared to other value-boosting projects and can increase your home’s resale value by a few percentage points.
Whether you’re selling your home soon and looking to get top dollar or just curious about your options, take a look at our guide to the top smart home technology to install in 2019.
Smart Appliances
Pretty much every appliance in your home has a “smart” option—refrigerators, washers and dryers, faucets, ovens, you name it. Smart fridges can self-adjust the temperature and create grocery lists, smart ovens allow you to check how much time is left from your phone and preprogam recipes, and smart washers will run during the most cost-effective time of day.
As far as what to install, you don’t have to replace every appliance with a smart version, but think of what’s most practical. Since kitchens and bathrooms are priorities for buyers, consider replacing the fridge, oven, or faucets.
Smart Security System & Locks
Installing a smart security system is one of the most popular smart improvements you can make. According to T3 Sixty’s recent survey of buyers interested in smart home technology, the largest amount of interest was shown for smart security systems.
The security includes anything from cameras that upload footage to a virtual database to locks enabled by wifi. Some companies, like Nest, Ring, and SimpliSafe, offer bundle packages with alarms, cameras, and smart doorbells. Since security is such a high priority for buyers, these systems will likely show one of the highest returns on your investment.
Smart Lighting
You know those lights that turn on when you clap? This is the next level. Not only can smart lighting be controlled via apps, but it can also be set to trigger under certain conditions, like when you walk by or when you leave for work. Forget to switch the lights off before leaving? No problem—you can just turn them off from your phone!
It’s recommended to buy a starter pack, since those come with light bulbs and other supplies you’ll need for setup. Once that’s all installed, most systems are compatible with smart speakers like the Amazon Alexa and Google Assistant.
Smart Thermostats
Buying a home is a big investment, so if you can show potential buyers how your home can help save them money, it’s going to make your property that much more desirable. According to studies conducted by major smart thermostat providers like Ecobee and Nest, homeowners saved 23% in heating and cooling costs (Ecobee) and around $150 annually (Nest). You can even estimate what the savings in your home might look like with an energy calculator!
The most popular smart home thermostats are Ecobee and Nest, which will run you around $200 – $300. If you’re interested in a budget option that will still look flashy to buyers, check out Honeywell. Of course, each system offers different features, so be sure to do a little research beforehand.
Smart Blinds
Smart blinds are a little more of a cosmetic perk for buyers, but they do have their money-saving benefits. You can set the shades to open or close based on peak sunlight times or the temperature of your home, which saves a few extra dollars on heating and cooling here and there. They also add an extra layer of security and convenience to the home, both of which are big selling points for today’s buyers.
Depending on the model you get, you can control your smart shades through an app, a smart hub, or even just your voice. You can even coordinate them with other smart features in your home, like the lighting or smoke detectors!
Check out options like the Serena smart shade by Lutron, the Pella Insynctive line, or Ikea’s upcoming August line.
Getting Ready to List Your Home?
While smart home technology might be one of the most popular ways to up your home’s value right now, there are plenty of other options. Give us a call, and we’ll be more than happy to walk through your home and recommend a few value-boosting improvements!
Already ready to list? Let us know, and we’ll help you find the best listing price for your home—with all of your recent upgrades taken into account.
2302 Lakeview Pkwy, Lake of the Woods Virginia 22508
This house is the definition of “picture perfect”. From the attractive curb appeal to the soothing interior color pallet you will find yourself feeling right at home. Enjoy open concept living with natural light from the large windows and skylights while curled up around the warm fireplace. The home has more space than you would anticipate with a huge rec room on the lower level as well as an additional bedroom and bath. You won’t want to miss this one!
Feel like venturing out? 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.
So, you bought a house. First of all, congratulations! The search is over, no more weekends filled with open houses and showings, and you can finally breathe a sigh of relief. Phew.
But your work isn’t quite done yet. Once you buy a house, there are a few things that need to happen before and after move-in day. Check out our list of to-dos, and get prepared for what comes after closing—trust us, your future self will thank you.
Do a Deep Clean
When you first buy your home, there won’t be any heavy dressers blocking off corners, couches and beds to clean under, or stacks of boxes covered in cobwebs in the attic. Your house will never be this empty again—well, until you sell it, that is—so take advantage of the wide-open space.
Whether you want to hire professional cleaners or DIY, you should pour some serious TLC into your new house. Dust, vacuum, mop, scrub, polish—look up a few cleaning checklists for inspiration—and put in some elbow grease.
Change Your Address
This process will be a little tedious, but it has to be done. First, you should fill out a change of address form from your post office, so any mail sent to your old address will get forwarded to your new one—although these days you can even complete the process online!
Next, get in touch with credit card companies, your cell phone provider, and anyone else who will need to continue sending you bills. Big fan of online shopping? The last thing you want is for your package to get dropped off at your old house, so be sure to update your Amazon info, as well.
Set Up Utilities & Security
Running water, electricity, internet…all things you probably want working when you move in, right? If you already have a provider, you’ll need to communicate the change address to them, stop service to your old address, and set up a date for service to continue at your new address.
While you’re getting things installed, you should also consider setting up a security system. These days you’ll have plenty of affordable and high-tech options, so be sure to browse what’s available. At the very least, consider changing your locks, since old copies of the keys from the past owners could still be floating around.
Keep Your Documents Organized
Once you’ve closed on your home, you’re going to have a lot of important documents to keep track of, and moving is going to throw everything into chaos (although hopefully organized chaos) for a bit. As soon as you’ve closed and before you move in, collect all of the documents you used for your mortgage loan, as well as any copies of closing papers.
You never know when you might need some of them again, so invest in a secure storage system to keep them organized and around at all times.
Say Hi to the Neighbors
Even if you’re a little shy, it’s a good idea to introduce yourself to the neighbors once you move in. After all, close neighbors can help with anything from lending you an extra cup of sugar to watching your pets while you’re out of town.
You don’t have to organize a mixer or bake cookies for everyone, but just saying hello while you’re out and about can go a long way in establishing those important relationships.
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.
Taxes are confusing, which is why many people in the U.S. choose to hire an expert to do their taxes for them. After all, there are so many numbers to know, forms to have ready, records of income and expenses, W-4s, 1099s, 380-Ts—we could’ve just made that last one up, and there’s no way of knowing!
Even though taxes might be complicated, they (sometimes) have a few perks. And if you own a home, those perks could mean a major bonus on your return. If you’re thinking of buying a home before next year’s taxes are due, here’s everything you need to know about how making a home purchase can affect your returns.
Deductions vs. Credit
Before we kick off the fun stuff, it’s important to know a little jargon—namely, the difference between a deduction and a credit.
When it comes to credits, think of them like tax-related coupons that reduce your dollar-for-dollar total. A few major tax credits include child tax credits, adoption credits, education or retirement credits, or credits for energy efficient homes and cars. Depending on the credits you qualify for, you could get anywhere from a few hundred to a few thousand dollars taken off of your tax liability.
Deductions are a little different: they reduce your taxable income, which can then adjust the total that you owe. Claiming certain deductions means that that part of your income is exempt from being taxed. Knowing which deductions to claim is key when filing, especially for homeowners.
Tax Benefits for Homeowners
Buying a home is expensive, but when it comes to tax time, here are the ways you can make some of that money back.
Mortgage Interest
One of the reasons that taxes for homeowners are so confusing is because they tend to change based on federal standards. Over the past few years, the federal Tax Cuts and Jobs Act pretty drastically altered the tax benefits for home ownership.
The most important change to know this year has to do with mortgage-related deductions. Previously, the tax deduction for home mortgages was limited to interest paid on $1 million debt for jointly filing married couples and single filers and $500,000 for married couples filing separately. Now, the numbers look more like $750,000 for the former and $500,000 for the latter. Additionally, interest paid during closing can also be counted towards this number.
Property & State Taxes
Did you know that the amount you pay in property taxes, state income taxes, and local sales tax is also deductible? If you pay property taxes through escrow, your lender will need to get the amount for you on your 1098 form, otherwise you should be able to find it in your personal records. The latest tax laws have instituted a cap at $10,000, but every little bit counts!
Private Mortgage Insurance (PMI)
Believe it or not, tax deductions on PMI are a hotly contested subject. Until recently, buyers were able to deduct the payments they made on Private Mortgage Insurance, but as of 2017, that ability expired. If you did buy your home before 2017, then your yearly income will determine how much you can deduct.
There’s no timeline on when deductions for PMI could return, but, unfortunately, if you’re a more recent home-buyer with these payments, those perks aren’t currently available.
Credits
We talked a little bit earlier about the difference between deductions and credits, so what sort of credits can you get as a homeowner? One of the biggest tax credits that homeowners can cash in on is having energy-efficient homes. In fact, if you installed geothermal heat or solar energy, you could be entitled to credit for up to 30% of the installation fee.
Other energy-efficient features, like storm doors and added insulation, can net you a few hundred dollars in credit, as well.
Tax-Free Profits
While many parts of the tax law have changed in the past few years, one aspect has stayed the same: tax-free profits. Selling your home not only means a big profit after the sale, but a large portion of the money you make won’t even get taxed—meaning you get to pocket more.
Married homeowners who sell their homes won’t have to pay capital gain taxes on up to $500,000 from the sale, while single filers can keep half of that as non-taxable income.
While there are some guidelines—like the home must have been a primary residence for at least two of the past five years—it’s a big plus when it comes to selling.
Want to Explore More of the Benefits of Home-Owning?
Believe it or not, there are a lot more benefits to owning a home than tax deductions. If you need help navigating the ins and outs of the home-buying and home-owning process, our team is here to help. With years of local experience and real estate know-how, we have the skills and resources necessary for home-buying and selling success.
Ready to learn more? Just give us a call. 540-388-2541
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.
In Lake of the Woods for April 2019 the statistics are as follows: A total of 15 homes were sold, all of them were standard sales. One home sold for under 175,000, 5 sold between $175-250K, 9 sold between $250-350K, and nothing sold for over $350,000. Additionally, six lots were sold ranging between $13,0000 and $30,000.
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.
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.
It is time for the Summer Sunset Concert Series at the Point to begin! We will kick off the season with The Reunion Band! The first Concert of the Summer- May 24, 2019at the Point in Lake of the Woods will feature the Reunion Band. The concert will take place at Clubhouse Point. Music starts at 7 pm! Summer Concert Series (Weather dependent, Bands subject to change) Friday, May 24th- Reunion Band Friday, June 28th – Dave Goodrich and the 3D Band Friday, July 26th – Desert Wind Friday, August 23rd – Island Jerry Duo RESCHEDULED FOR: September 6, 2019!! The event is 100% funded by sponsors who are also LOW residents! Sponsors include: Licata Group/Keller Williams Real Estate, Locust Grove Veterinary Clinic, Townsend Home Health & Hospice Care, Design Craft Homes, Inspired Electrical Solutions, JK Carpets, Lakeside Title & Escrow, and Lake of the Woods True Value Hardware. The Friends of Lake of the Woods (FLOW), Lake Youth Foundation, LOW Ski Club, and the LOW Lioness Club are acting as the “Hospitality Committees” throughout this concert series – so please thank them if you see them! For more information call Pat Licata at 540-735-7998 or e-mail her at pat@licatagroup.com. Don’t miss out on the kick-off to the Summer concert season!
Whether you’re looking for homes for sale in Lake of the Woods Va or Waterfront property in Virginia or homes for rent we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove and Central Virginia, we are your proven Real Estate professionals. Thinking of selling? In any market condition, the the #1 question asked by home sellers is how much is it worth? 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!
Spring is here, and summer is closer than ever. That makes it a great time to get outside and spruce up your home’s exterior!
If you’re planning on selling your home soon, a little outdoor maintenance can go a long way. In fact, here are five outdoor projects you can do yourself that are sure to add resale value to your home.
Install a Fire Pit
Imagine spending a warm summer evening out back with your friends, sipping cool drinks and roasting marshmallows over an open fire. The truth is, installing a fire pit is easier than you might think!
A fire pit is made out of fireproof materials and should sit on a flat surface at least 15 feet away from your home and any trees. Here’s a how-to guide for building a backyard fire pit.
Remember, check your local building codes before beginning any type of construction!
Don’t have a yard for a fire pit? Turn your balcony into a cozy dining area instead!
Add Some Outdoor Lighting
Transform your backyard space for summer with lights that add both ambience and security. You can safely add low-voltage lighting to your front or backyard by yourself, even if you don’t have extensive electrical experience.
Whether you opt for motion-activated LED lights or hanging fairy lights, you have some great options to consider for your yard!
Have a nice back deck or balcony? Add some lights to make it a great place to gather any time, day or night.
Fix the Front Door
Your front door should be clean, bright, and welcoming! After all, it’s the first thing potential buyers will see when they enter your home.
There are a couple of different options to freshen up your front door. If it’s very old or damaged, you could replace it altogether. Other options for sprucing up your door include painting it a different color,touching up the paint job, or replacing the doorknob or knocker.
Live in a condo with an interior front door? You can still spruce up your entryway with a nice welcome mat and some potted flowers.
Power Wash the Exterior
Dirty siding on your home can make it look old and neglected, which can be a major turn-off for buyers! A simple solution to get your home’s exterior looking like new is to rent a power washer to take care of any dirt. We recommend renting a heavy-duty, gas-powered pressure washer, as these are the most efficient.
Depending on your home’s specific material (vinyl, stucco, brick, etc.), you will need to obtain a specific type of detergent to power wash your home. Be sure to opt for an environmentally friendly version!
Refresh Your Landscaping
Taking the time to properly maintain your landscaping—and adding a few new features here and there—can both increase your home’s resale value and attract more buyers. After all, real estate is all about the curb appeal!
Installing an attractive stone walkway, mulching your flowerbeds, planting new flowers or shrubbery, and planting trees are all great ways to improve your home’s landscaping.
Don’t have a yard? You can still spruce up your entryway and outdoor areas with potted flowers or hanging planters.
Looking for More Home-Selling Strategies?
We can help you increase your home’s value and get it sold fast. Contact our team today to learn more.
Why live in the Fredericksburg and Spotsylvania County area? It has history. It has class. It has culture. Many people new to the area will find that this part of Virginia offers much in the way of things to do. As I stated, the Fredericksburg region boasts of many historic sites that hold a place in our nation’s history, from its early founding, struggles for independence, and growing pains that led to the Civil War.
The Fredericksburg area is the site of where more than 100,000 Americans lost their lives in our nation’s struggle that culminated in the Civil War. The area, simply put, is hallowed ground. But there is also a hallowed beauty to it. Go visit the Fredericksburg Battlefield, where in 1862, General Robert E. Lee defeated the Union Army of The Potomac. Down the road from the Fredericksburg Battlefield is the Chancellorsville Battlefield, a site considered to be Lee’s most brilliant victory, where he defeated an army almost three times the size of his own army. Then nearby are the battlefields of the Wilderness and Spotsylvania, where Lee faced off against Union General Ulysses S. Grant, a man who would go on to become our nation’s 18th President. If you’re not a big history nerd, but are more of a fitness junkie, these battlefields offer many hiking trails and the roadways on these battlefields, which are run by the National Park Service, are great places for biking. The Park Service also puts on many living history events and Fit History walking tours during the spring and summer months.
Historic Downtown Fredericksburg is definitely worth going to see as it has many buildings that date to the Civil War and earlier. In the historic district there are many shops that offer a wide variety to visitors; restaurants, antique shops, specialty foods, clothing, jewelry, home furnishings and much more. Located in downtown Fredericksburg is Kenmore, the home of Fielding Lewis, an American Patriot who gave and sacrificed much during our country’s struggle for independence, not to mention, the brother-in-law of George Washington, having married Washington’s sister Betty. Since we are speaking of George Washington, across the river from Fredericksburg is the site of Ferry Farm, where young George spent his childhood. It is a living history site which recently has underwent archaeological work to locate the foundations of his boyhood home and has been rebuilt to what it probably looked like. Also located in downtown are the Mary Washington House, Rising Sun Tavern, Hugh Mercer Apothecary Shop and St. James’ House, all operated by the Washington Heritage Museums. Also near downtown, for the nature fanatics, is Alum Spring Park, a 34-acre park that hosts many natural features including sandstone cliffs and a swimming hole. If you are looking for a nice romantic getaway with your significant other, look no further. The downtown area also offers two nice B&B’s, the Kenmore Inn and the Richard Johnston Inn. Both Inn’s are historic homes, offer wonderful accommodations, excellent food, and show classic Virginia hospitality.
Aside from all the history and historic sites that Fredericksburg offers, there is also much in the way of class and culture. The downtown area also features art shops, the James Monroe Memorial Library, Fredericksburg Area Museum, and Belmont, the home of Gari Melcher, one America’s prominent portraitists and Impressionist painters. Fredericksburg also offers several craft beer and alehouses including Harry’s Alehouse on Route 3 and Sedona Taphouse and Capital Ale House in downtown Fredericksburg. The food at these locations are excellent. Not far from downtown, for those who have a taste for wine, there are a few local wineries which include Bacchus Winery, Hartwood Winery, and Eden Try Winery. If you have a flare for French cuisine, located downtown is La Petite Auberge, a French restaurant that has been serving the area since 1981. If you enjoy theater, located nearby is the Riverside Center for the Performing Arts, a local dinner theater which has been putting on main-stage musicals, broad way shows, and dramatic productions for over 20 years. The shows are always fun and entertaining and the food and service is always top notch. With all that Fredericksburg has to offer, it is no wonder that the area is continuously growing.
Spotsylvania neighbors Orange County, where Lake of the Woods is located. 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.
