Category Archives: Buying Properties

A waterfront neighbourhood in Alexandria, VA

Health Benefits of Waterfront Living in Virginia

Living near water is something many people around the US dream of. Speaking of dreams and future objectives, living in one of the most beautiful US states – Virginia – is a thought many people go to bed with. Today, we’ve decided to put the two fantasies together. In other words, we’ll introduce you to all the health benefits of waterfront living in Virginia. Not only does it sound incredible, but it also comes with many health advantages. Therefore, stay tuned for some helpful info and tips!

#1 Waterfront living enhances the quality of your sleep

Needless to say, a good night’s sleep is a crucial element of your well-being. Research study results have proved that people who live near water enjoy a more restful sleep. Also, the same studies have shown that the same group faces less stress daily. Your body needs to rest, and there isn’t a better place to recover from a long working day than nested inside a peaceful environment. Get rid of stress, and maximize your joy. Most of the time, waterfront living in Virginia is synonymous with the lack of noise pollution we’re pretty used to enduring in the cities. You won’t have trouble falling asleep once you move to some of the state’s jaw-droppingly-attractive waterfront neighborhoods.

A cat sleeping under bed covers.
Living near water enhances the quality of sleep.

#2 Waterfront living enables you to enjoy water-related activities anytime you want

Being right there, near a larger body of water, will enable you to enjoy all your favorite water-related activities. And, if you own a boat, even better! Living close to the water will probably mean you have your own dock, too. As a boat owner, you’ll always want to opt for a property that offers this advantage. You don’t want to worry about driving to the spot where you’ve pared your boat or finding the ideal storage place. Also, docks aren’t only functional as parking spaces. You can use your dock as a diving board, a fishing spot, or simply a place where you sit down, crack open a cold beverage and enjoy the scenery. Who knows, you might even come up with a philosophical school of your own while water-gazing.

#3 Living near water is healthy even if you’re a city dweller

We’re pretty sure you understand this article doesn’t only cover non-urban waterfront properties. Virginia’s got some fantastic cities located near or directly placed upon a solid body of water. Just take Richmond or Alexandria as examples. A German research study has found that living near water is excellent for urban dwellers, too. We’re talking ponds, pools, and even – water fountains! Therefore, buying a waterfront property in Virginia will help you overcome some of the disadvantages city life offers to its “practitioners”. As mentioned above, you’ll enjoy less stress and better sleeping conditions. Lastly, if you’re a recovering addict, living near water will help ease the process, as professionals at Harmony Ridge Recovery Center point out.

 A typical street scene in Richmond, VA.
Waterfront living improves the overall quality of life, even if you’re a city dweller.

#4 Enjoy better air quality with waterfront living in Virginia

Air quality tends to be better near water. Also, some people are more prone to sit, relax and unwind a little near water. In other words, they tend to breathe deeper and smoother. So air quality is crucial in such moments. Not to mention all the vegetation and plants usually found near water. Those are your natural air filters. You won’t need to buy expensive air cleaners for your waterfront property in Virginia.

#5 Fewer nosy neighbors (for non-urban waterfront dwellers)

One can’t say this is a direct health benefit, but you’ll agree it has something to do with how we perceive our surroundings, thus affecting our everyday well-being. For example, let’s say you’ve bought yourself a scenic Virginia lake home. You might notice that the next home is not so close. In other words, you’ll soon find out that you will have to deal with fewer nosy neighbors. 

Lake homes tend to be further apart, thus allowing their owners more privacy than they’d enjoy in a more traditional suburban neighborhood. A lake home will help you deal with all the troubles city life plagues us with. This much-needed intimacy can be a savior for all those struggling with something or trying to get back on their feet. For example, this serenity is perfect for recovering addicts who want to get long-term help. There are many long-term addiction treatments in West Virginia, but recovery doesn’t stop there. A little bit of peace and quiet that your waterfront property can bring will work wonders for mental health. 

#6 Let’s consider the sound of water

We’ve implied this in the previous paragraphs, but it’s nevertheless crucial that we emphasize the calming properties of the sound of water. Did you know that the sound of running water, rushing and trickling, or waves smoothly hitting the shoreline possess fantastic calming and emotionally healing properties? Once you add that sound to the waterfront breeze, you get a match made in heaven, as they say. There isn’t a more comprehensive calm, as many people that own a waterfront property like to point out.

A bridge on the river in Richmond, VA.
The sound of running water has a soothing effect on the human mind.

#7 Living near water will inspire you to enjoy other fun (outdoor) activities

Of course, it’s not like simply sitting down in a cool shade with a good book by a body of water isn’t enough. However, enjoying a waterfront property in Virginia will allow you to immerse yourself in other fun activities. We’re talking about all the great outdoor efforts one can partake in: hiking, camping, wildlife watching, etc. Nature is a remedy, don’t trust anyone who tells you the opposite. 

Closing thoughts on the subject

These were some of the many health benefits of waterfront living in Virginia. Now you’ve seen all the advantages of buying a (vacation) waterfront property in one of the most scenic US states. If you were hesitant before, we’re pretty sure you don’t have any doubts about whether such a decision is a good one!

Photos used:
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Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

The Unexpected Costs of Owning a Home

For most people, buying a home is one of the biggest investments they’ll ever make. If you’re planning to purchase a home, your budget likely includes the down payment and monthly mortgage payments—yet many buyers, particularly first-time homeowners, find their budgets stretched by unexpected costs. In fact, according to a survey by ConsumerAffairs, 44% of recent home buyers said they had already spent more than they’d planned, with the average over-budget amount exceeding $10,000.

While record-breaking home prices over the past several months have contributed to this trend, new homeowners often find themselves surprised by unexpected costs, such as the following:

  • Property taxes. Currently, the average property tax rate across the U.S. is 1.1% of a home’s assessed value, but this amount can vary greatly based on location and average home prices.
  • Closing costs. The upfront costs of buying a home include more than just the down payment—at closing, you can expect to pay costs ranging from 2-5% of the home’s value. These may include title insurance, mortgage origination fees, surveys, and more depending on your market and lender.
  • Utilities. For many people moving from an apartment or rented house to a home of their own, the cost of all the utilities they need can be surprising. From the basics like water and electricity to items that you may or may not need depending on your preferences and where you live (such as cable, sewer, and trash collection), utility bills can add hundreds of dollars a month to your home ownership costs.
  • Insurance. In order to take out a mortgage, you’ll need to provide your lender with proof of homeowners insurance, which will cover certain damage to your home and the items within it. This necessary coverage will cost anywhere from several hundred to several thousand dollars per year.

Source: nar.realtor

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

122 columbus cove, stafford virginia 22554

122 Columbus Cove, Stafford Virginia 22554 UNDER CONTRACT! by Licata Group EXP Realty LLC!!

Come home to this pristine 5 bedroom 3.5 bath home in the first section of the gated community of Aquia Harbour. This is no cookie-cutter home. The unique 4-level home is sure to impress. The primary bedroom sits by itself on the 4th floor for complete privacy from kids or guests. The 3rd floor has 4 bedrooms waiting to be filled and a full bathroom. The main level consists of a living room, a large family room with a fireplace, a dining room, and a stunning kitchen suitable for any chef. The basement has a large rec room, a potential 6th bedroom (NTC), a full bathroom, and plenty of space to add a small kitchenette. The all-season room will be great all year round for relaxing in a well-created oasis. It also has a large deck off the family room, perfect for summertime grilling. The home sits on a little over, a half-acre lot with plenty of room for kids and pets to play. Aquia Harbour is located approximately 45 miles south of Washington DC, 15 miles north of Fredericksburg, and 70 miles north of Richmond. The historic Aquia Creek runs through the community providing a year-round navigable waterway leading to the Potomac River and onto the Chesapeake Bay.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

30286 Portobago Trl, Port Royal, VA 22535

30286 Portobago Trail, Port Royal, Virginia 22535 Offered for Sale at $99,000 by Licata Group EXP Realty LLC!

Come build your dream home on this beautiful 2+ acre corner lot located in the quiet neighborhood of Portobago Bay. Utilities, well and septic (approved for 4 BR) are already on the property. High-speed internet is now available! Portobago Bay is an idyllic custom-built community on approximately 400 acres that were once part of the Old Liberty Hill Farm in Caroline County, Virginia. The neighborhood consists of 109 parcels, all of which are over two acres. This lovely waterfront community is situated on Portobago Bay and the Rappahannock River and is located southeast of historic Fredericksburg. Amenities include Dock, boat ramp, beach, party pavilion, boat slips, private fishing lake, and security gate leading to River Shore Pavilion and Dock facilities for fishing and recreation.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

monthly stats

November 2022 Lake of the Woods Monthly Real Estate Statistics

In November, 16 homes were SOLD in Lake of the Woods.

2 sold below $250,000.00
1 sold between $250,000-299,999;
3 sold between $300-349,999;
3 sold between $350,000-399,999;
5 sold between $400-499,999;
2 sold between $500,000-$999,999;

60 Active/Coming Soon Listings for Sale
16 Homes Under Contract
284 Homes Sold since January 1, 2022.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

What’s Happening in Your Local Housing Market?

Key Takeaways:

  • Today’s market conditions are unique, and there are plenty of ways to win
  • Let’s explore the steps you can take to pave your path to homeownership
  • Our team is ready to help you achieve your goals, so contact us today!

Amid high inflation, increasing mortgage rates, and limited housing inventory, the headlines make it seem like there’s no good news in the real estate market. But when you listen closely to expert economists and look at your local market, you’ll learn that there’s plenty of opportunity. Let’s take a closer look to understand the complete picture of what’s really going on in the housing market.

Low inventory keeps home prices high

Magnifying glass in front of an open newspaper with paper houses.

It’s easy to hear snippets of today’s news cycle and get swept up into a maelstrom of doom and gloom, fearing that the Great Recession of 2008 is happening all over again. But Lawerence Yun, Chief Economist for the National Association of Realtors (NAR), gave a talk this month in Orlando. Mr. Yun pointed out why the housing market will remain stable and profitable.

One of the leading factors behind his assertion is that “housing inventory is about a quarter of what it was in 2008.” The historic low inventory of available housing in the US is a positive because that limited inventory will prevent large price drops for most of the country. Mr. Yun went on to say that “distressed property sales are almost non-existent, at just 2%, and nowhere near the 30% mark seen during the housing crash (of 2008). Moreover, short sales are almost impossible because of the significant price appreciation of the last two years.”

The national housing market is not your local market

Gainesville, Florida, USA downtown cityscape at twilight.

The national news won’t give you an accurate snapshot of what’s happening in your area. It’s a collection of data that makes for wonderful headlines but has little to do with what you need to know to buy or sell a home. That’s why as real estate professionals, it’s our job to dive deep into the microdata and help guide our clients to making smart moves.

Despite inventory remaining limited nationally, there are still housing markets with increases in available units, especially for starter homes, making this a wonderful time to buy. Other pockets are holding onto a seller’s market, with prices staying steady. It’s always best to speak to your trusted agent to know what’s happening in the area where you live or want to move. And, with rental prices continuing to rise as well, it’s never a bad time to consider purchasing a home.

How to start planning your next move

Full length body size view of four cheery people dad mom small little kids brother sister carrying cardboard boxes moving new residence cottage town.

As a homeowner or prospective homebuyer, there are always ways you can stay ahead of the market. No one purchases a home overnight, so give yourself plenty of time and take smart steps to ensure success when the time is right.

First, contact us today to find the latest, up-to-the-minute value of your home, backed by local data. This will give you accurate insights into the value of your home and what your best move may be. From there, you’ll be able to make data-backed decisions about whether you should remodel, list your home, what kind of return you can expect, and more.

If you’re looking to buy, contact us to learn more about our market and how much inventory is available. Stay flexible, and consider different styles of homes, from townhouses and condos to older homes ready for some modern upgrades. Or, maybe a new construction home is right for you, with special financing and other incentives offered by the builders.

You Can Win Your Local Housing Market

Ultimately, real estate is always local! The best thing you can do before making a move in today’s real estate market is to contact your local real estate agent. As your local, trusted real estate professionals, we know what’s happening and are your best resource for determining your next best step. So contact us today!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

jacobs ford, lignum virginia land for sale

Jacobs Ford LAND For Sale $289,000 by Licata Group EXP Realty LLC!

Welcome to Jacobs Ford the 38.45-acre outdoorsman’s dream. The partially wooded lot is great for hunting, camping in the woods with family, ATV trails, horseback riding, or farming. This land offers several good homesites with a small creek running through it. So bring your home plans, tree stand, ATVs, horses, or livestock to Jacobs Ford road and start building your legacy, and make your dreams come true.

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Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

314 piedmont st orange virginia 22960

314 Piedmont St, Orange Virginia 22960 UNDER CONTRACT by Licata Group EXP Realty LLC!

Welcome home to 314 Piedmont street. Located in the town of Orange county the home sits on a corner lot within walking distance of downtown restaurants and shopping. The home offers 3 bedrooms, and one bath on the main level, where the walk-out basement has a laundry room, workshop, den, and two large rooms that can be used for bedrooms/game/craft/storage whatever fits your needs. The driveway is large enough for multiple cars, a boat, or a camper. The yard offers plenty of space for kids/pets to play or for family gatherings.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

223 madison cir, locust grove virginia 22508 lot for sale

223 Madison Cir, Lake of the Woods LOT, SOLD by Licata Group EXP Real Estate LLC!

A wonderful lot to build your forever home. Located in Lake of the Woods, 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 volunteer 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 $200,000+ 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 what’s to love in Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

110 Battlefield Rd, Lake of the Woods Virginia 22508

110 Battlefield Rd, Lake of the Woods, Virginia SOLD! by Licata Group EXP Real Estate Professionals!

This one-level beauty is ready for you in a quiet location in a private, gated, secure community. You’ll be wowed by the condition and appeal of the fine features! Hardwoods, soaring ceilings, expansive primary suite with sitting room, awesome architecture, and screened porch, too, all on a private lot!

You’ll love the Lake of the Woods lifestyle: beaches, pools, stables, tennis, dining, golf and so much more! Located in Lake of the Woods, 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 volunteer 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 $200,000+ 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 what’s to love in Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.