open house general

Lake of the Woods Open Houses Saturday, July 17th from 1pm – 3pm! Check them out!

Learn more about 421 Harrison, here and learn more about 107 Fairway Drive, here!

See you Saturday!

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.

31342 Paynes Farm Dr, Locust Grove VA 22508

31342 Paynes Farm Dr, Locust Grove VA 22508 Offered for Sale at $490,000!

Welcome to 31342 Paynes Farm Dr. This beautiful custom-built home is nestled in the trees and perfectly situated on 4+ acres. You are welcomed by an expansive front porch with ceiling fans and room for a porch swing. Once inside, you will notice the hardwood floors, and huge foyer leading to the great room. The great room has a gas fireplace, built-ins and access to the deck. You will love how open the kitchen is, featuring a huge island, pantry and dining area. The formal dining room is just to the right and creates an incredible open area for entertaining family and friends. There are two spacious owners’ suites with en-suite baths. Imagine the main level office that could also be a playroom, craft room or classroom. The laundry/mudroom will amaze you with wall-to-wall cabinets, countertop and sink. And that’s not all…the three-car garage will provide amazing storage, while the shed outside will accommodate all your lawn equipment. With the acreage, you could create a backyard oasis. Plant a garden, add a swimming pool, play area or whatever you desire. You will enjoy the sounds of nature and watching the deer graze from your deck. Conveniently located close to the Town of Orange, Culpeper and Fredericksburg.

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.

11125 Clara Barton Dr, Fairfax Station VA

11125 Clara Barton Dr, Fairfax Station VA 22039 Coming Soon for $799,000!

Welcome to 11125 Clara Barton Drive, where location is everything!! This amazing brick home, nestled perfectly among the trees on almost 3/4 of an acre, boasts approximately 3600 square feet on three finished levels. You’ll discover custom features such as a European crafted style bar and wine cellar as you tour the generously sized rooms and flex space. Priced to provide you the opportunity to make this home your own, your creative updating will be creating built-in equity! A win-win!! Close to George Mason University, metro, Fair Oaks Mall, Fairfax City and easy commuting.

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.

new construction

Do You Know the Hidden Costs of New Construction?

Key Takeaways:

  • New construction homes can have hidden costs, which is why you have to pay attention to the details when deciding on a new build. 
  • When touring model homes, always ask the builder about what’s standard and what’s considered an upgraded feature with additional costs.  
  • Buy on your terms and work with our team to navigate the ins and outs of purchasing the new construction home of your dreams!

Don’t Mistake “New Construction” with “All-Inclusive” 

There are many advantages of buying a new construction home—low-maintenance living, brand-new appliances, and minimal repair costs are just a few. Plus, a new build provides a blank slate for buyers to begin making sweet new memories! 

While buyers should be excited about all these benefits, they should also be aware of the potential hidden costs associated with purchasing a new build. We’re here to ensure you know exactly what is included in the overall cost of your new construction home. 

Protect yourself before there’s a problem

Just like an existing home, a brand-new home can have hidden issues that could require repairs. Something as simple as inadequate plumbing or roofing could result in sizable amounts of damage—this is why you have to protect yourself by being proactive in the home-buying process. All builders have their own nuances, which is why you should take the time to research different options before deciding on the right one. If you want some tried and true recommendations, your agent can provide valuable insight. Every home, including new builds, should be checked by an independent home inspector who isn’t affiliated with the builder. 

Before you commit to purchasing a new build, make sure to read the fine print of the home warranty. You may have to rely on your warranty if any issues arise that aren’t covered by your homeowners’ insurance policy. And remember, not every warranty is the same, so it’s important to determine exactly what your warranty covers and the length of the coverage. 

Stay true to your non-negotiables

Newly-built homes aren’t guaranteed to include all the necessities, so you need to know what to expect from a standard model. It’s quite common for new builds to come without certain interior items, such as appliances and window treatments, plus exterior fencing and landscaping. 

Before you make an offer, talk to your builder with your agent present and ask about the features included in your future home. Everything from drawer handles to light fixtures could cost extra, so be sure to compile a list of non-negotiables to budget for things you can’t live without.   

Don’t be duped by the mesmerizing model home

The model homes you’ll tour often have all the available upgrades the builder offers—we’re talking gourmet kitchens with granite countertops and open-concept floor plans with beautiful hardwood flooring. However, these top-level features could cost you thousands of dollars more than the builder’s grade basics. 

You can work with your agent to figure out which features are included in the standard model’s base price. Be sure to focus on what originally made you fall in love with the property, not all the bells and whistles you see in the showy model. When contemplating which upgrades are worth the cost, think about the home’s future resale value—will the upgrades increase your return on investment and appeal to a variety of buyers? This is a prime opportunity to lean on your agent’s expertise to determine which upgrades will add the most value to your home.   

Ready to Buy a New Build?

When you buy a new construction home, you always want to have a trusted real estate agent by your side. Remember, the builder’s sales agent has the builder’s best interest in mind—not yours. We have the new construction experience needed to guide you through the negotiation process and make sure you’re getting your money’s worth. Contact us to learn more about new construction properties in the area, and we’ll get the ball rolling on buying your new home 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 contact Pat Licata.

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

107 fairway drive, locust grove va 22508 home for sale

107 Fairway Dr, Lake of the Woods, Virginia now UNDER CONTRACT!

Welcome to 107 Fairway Drive! This lovely home is located close to the main gate and overlooking the 18th green. As you enter, you are greeted by the family room, boasting a fireplace for those chilly nights. A light-filled kitchen with ample cabinet and counter space awaits. Additional living space with the sunroom has so many possibilities. The owner’s suite with an en-suite bath is sure to please with private access to the deck which is perfect for relaxing and enjoying your backyard oasis and views of the golf course. If you’re in the mood for a great breakfast or lunch, Fareways Cafe is just a few steps away, as well as the Golf Pro Shop.

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 $150,000+ 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 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.

421 harrison cir, Locust Grove VA 22508

421 Harrison Cir, Lake of the Woods, Virginia Home NOW UNDER CONTRACT!

Welcome to 421 Harrison Circle! This amazing, custom-built home nestled in the trees is move-in ready and will delight from the moment you arrive. You will love your peek of the lake and location so close to the beaches and back gate. Once you enter, you are welcomed by a great room with a cornerstone gas fireplace and soaring ceilings. The kitchen boasts plenty of counter space to spread out, as well as a breakfast bar and a dining area! The sitting room off the kitchen will be one of your favorite areas with access to the screened porch. When it comes to entertaining family and friends, the formal dining room and flow of the main living areas are sure to please. The inviting owner’s suite is spacious, and the en-suite bathroom offers a double vanity, soaking tub with jets. Two additional bedrooms, full bath, and a laundry room complete the main level. Enjoy your favorite beverage, read a book, or take in the sounds of nature from the screened porch.

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 $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 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 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.

Housing Supply Is Rising. What Does That Mean for You?

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges:

It looks like inventory may have hit a bottom (we’ve seen this in the higher frequency data as well). Unsold inventory in May was at 2.5 months supply, up from 2.4.

To put it into perspective, the graph below shows levels of inventory rising since the beginning of the year:

We’re still not close to a balanced market, which would be a 6 months’ supply of homes for sale. However, we are seeing a slow but steady increase in homes coming up for sale. And that leaves many buyers and sellers wondering the same thing: what does that mean for me?

Buyers: More Options Are Arriving, so It’s Time To Act

If you’re a buyer, more inventory coming to market is a welcome sight. More supply means more options and less competition, which could mean fewer bidding wars.

According to the latest Monthly Housing Market Trends Report, supply levels are continuing to increase, which is different from the typical summer market:

“In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the summer season, a welcome sign for a tight housing market.

If you’re having trouble finding your next home, this news should give you the hope and motivation to keep your buying process moving forward. Experts project mortgage rates will begin increasing, which will make purchasing a home less affordable as time passes. You can still capitalize on today’s low interest rates, so stick with your search as more homes come to market.

Sellers: Our Supply Challenges Aren’t Over Yet, so Now Is the Time To Sell

If you’ve been putting off selling your house, you shouldn’t wait much longer. The year’s month-over-month gains in homes for sale have helped buyers, but we’re still very much in a sellers’ market.

As the graph below shows, even with the number of homes for sale rising, we’re still well below the supply levels we’ve seen historically:

Of course, more homes are coming to market now, and more are expected in the coming months. Selling your house this summer gives you the chance to get ahead of the competition and maximize your sales potential before more homes are put up for sale in your neighborhood.

Bottom Line

More homes for sale means more options for buyers and more competition for sellers. Whether you’re looking to buy or sell, let’s connect today to discuss your options and why it’s still a good time to make your move.

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.

market stats

June 2021 Lake of the Woods Monthly Stats

In June, 40 homes sold in Lake of the Woods.
1 sold between $130-199,999;
4 sold between $200-249,999;
3 sold between $250,000-299,999;
7 sold between $300-349,999;
10 sold between $350,000-399,999;
8 sold between $400-499,999;
2 homes sold over $500,000.; 2 home sold over $600,000;
1 home sold over $800,000;
2 homes sold over $900,000!

28 Active Listings for Sale
22 Homes Under Contract
186 Homes Sold since January 1, 2021.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by 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

licata group lioness club

Licata Group Supports the LOW Lioness Lions Club School Supply Drive!

School starts August 11, 2021, this year and the LOW Lioness Lions Club is holding its annual School Supply Drive to support the Locust Grove Primary & Elementary Schools. They help these 2 schools by providing the necessary supplies to ensure a successful school year for the teachers and students alike.

Donations will be collected at the Lake of the Woods FRONT GATE on July 10th and July 24th from 9AM to 1PM OR you may bring your donations in Monday – Friday July 12th through July 23rd from 9AM – 5PM at our Licata Group Office (located in the Food Lion shopping center, between AT&T and CVS) OR you may donate a check for the Lionesses to purchase the items listed in the first flyer. Please make checks payable to: “LOW LIONESS FOUNDATION” and write “SCHOOL SUPPLY” in the check memo section. Please MAIL those checks to: PO BOX 811, Locust Grove VA 22508.

We love supporting great causes and if you choose to drop your donations off at the Licata Group office: you have the opportunity to enter to win TWO tickets to the FREDERICKSBURG NATIONALS game on July 31st. The winner will be drawn & announced on our Licata Group Facebook page during LicataLive at 11AM on Tuesday, July 27th!

For any additional questions regarding the SCHOOL SUPPLY DRIVE, itself please contact Teresa Wisniewski at 703-901-9023 or Judy Ludvigsen at 540-760-4982. For questions about the LICATA GROUP FREDNATS TICKETS, contact the Licata Group office at 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 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.

open house general

Open House Extravaganza in Lake of the Woods by the Licata Group!!!

Join us as we host 5 open houses on Saturday, July 10th, 2021!!! One of the original SIX has already gone under contract!!!!!!!!!!!!!!

Learn more about each home by clicking the link below:

402 Harrison Cir
101 Pine Valley Rd
110 Independence St
3905 Lakeview Pkwy
327 Fairway Dr
700 Lakeview Pkwy
Learn more about Lake of the Woods community, here!

lake of the woods virginia open house extravaganza 7.10.21
lake of the woods virginia open house extravaganza 7.10.21

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.