Tag Archives: blogging

Which Home Remodeling Projects Deliver the Greatest Return on Investment?

From quick upgrades to major renovations, home remodeling projects can be an effective way to enhance your enjoyment of your living space while (hopefully) boosting resale value. However, many home improvements carry significant costs—and particularly if you’re planning to move soon, you may be wondering which upgrades offer the strongest return on investment. While specific amounts will vary depending on the market in your area and your home’s price range, the National Association of REALTORS® Research Group’s 2022 Remodeling Impact Report offers some interesting insights into the most valuable home improvements. Here are a few key takeaways from the report:

– When it came to interior remodeling projects, hardwood floor refinishing carried the greatest cost recovery at 147% of the project cost; homeowners spent an average of $3,400 to have their hardwood floors refinished and recovered an estimated $5,000 in added value at resale. Installing new wood flooring was close behind at 118% cost recovery, followed by upgrading the home’s insulation at 100%.

– While kitchen and bathroom remodels are often thought to have the greatest impact at resale, these projects fell lower on the list in terms of cost recovery, with complete kitchen renovations at 75% and bathroom renovations at 71%. Only 13% of realtors said they would recommend that their clients undertake a kitchen renovation before selling their home, and 26% would recommend a bathroom renovation.

– As far as exterior remodeling projects, adding new roofing and new garage doors delivered the highest ROI, both with 100% cost recovery. Surprisingly, new windows and doors yielded the least amount of value at resale. New vinyl windows had an average cost recovery of 67% and new wood windows 63%, with only 4% of realtors saying they’d recommend that their clients install either before putting their homes on the market. New steel front doors brought a cost recovery of 63% and fiberglass doors 60%, and just 3% of realtors would recommend these upgrades.

Source: cdn.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 contacting Pat Licata.

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

a woman petting her dog

Top-Rated Places in Orange County, VA, for Dog Owners 

Orange County is an area any dog owner will love living in. But which places in Orange County are the best for you and your best friend? Dogs will love living in a place that’s near a forest and away from all the noise big cities have. However, there are a couple of places in Orange County, VA, for dog owners where you can have the best of both worlds. You will keep your pet happy while at the same time living near all the amenities you will ever need. Whichever of the following places you decide to relocate to, you will not go wrong with your choice. 

Orange is one of the best places in Orange County, VA, for dog owners

Although this town has a small population, it will not disappoint you. A tight-knit community makes Orange an excellent place to relocate to. As a dog owner, you will easily find other dog owners to connect with. The people in Orange are very welcoming to newcomers. You will feel at home very soon after relocating. The town of Orange features many vast, open spaces where you can take your dog out for a run. That includes not only parks but also forests. If you wish to spend some time outside without your dog, you must visit a couple of places. In the surrounding area, you will find farms, vineyards, and gardens that you can spend a day exploring. With all these things in mind, this town is worth considering as a potential new home for you and your best friend. 

Lake of the Woods 

One of the best and top-rated places in Orange County, VA, for dog owners has to be Lake of the Woods. This community has the largest population of all the towns in Orange County. In Lake of the Woods, you will have everything you need as a dog owner. This location is excellent as you will never be bored with so many different things to do. In Lake of the Woods, you get everything you can find in a big town, but you still stay near nature. So, if you are outgoing, this is the best choice for you. On the weekends, you can take your dog for a swim, a long walk, or even camp together. All in all, Lake of the Woods is a choice no one can go wrong with. 

a woman walking her dogs near a forest
Your dog will appreciate spending a lot of time in nature.

Locust Grove 

However, if you are looking to move away from the crowds and find a peaceful place for yourself and your dog, Locust Grove may be the right choice. In this small Orange County town, you can stay away from the busy lifestyle and just spend time doing outdoor activities. You will be able to give your dog the life they deserve. In Locust Grove, you can find great houses with large backyards. This affordable Virginia real estate is perfect for dog owners, especially if you have more than one dog. If you’re moving to Locust Grove, but your home is not move-in ready, don’t worry. Experts from A2B Moving and Storage advise you to put your things into storage until you finish setting up your new home. Also, you can find a temporary home for you and your dog until the move-in day arrives.

Gordonsville is another excellent choice for dog owners 

As someone who loves animals, you will also love living in the town of Gordonsville in Orange County. In Gordonsville, you can go horseback riding at one of the farms or equestrian centers. Gordonsville is in Orange County, just at the border with Louisa County. So you will have easy access to the amenities in both counties. This place is perfect if you love taking your dog on camping trips. The stunning forests and available campgrounds nearby will give you and your pet a chance to spend a lot of time in nature. You can help your dog stay healthy by taking them for long walks in Gordonsville. As a bonus, you will also be able to live a healthy lifestyle once you relocate to Gordonsville. 

you can go camping with your dog to these places in Orange County, VA, for dog owners, just like the couple in the photo
You can spend time in Orange County by going camping with your dog.

Moving to Orange County with pets 

Finding that perfect Virginia home and finally receiving the keys is one of the best feelings in the world. However, being faced with a long-distance relocation can take away some of the excitement. There are so many different things to do before the moving day arrives. And relocating with pets can be even more difficult. They won’t understand what’s happening, especially if this is your first time relocating with your dog. That’s why organizing and taking things slow are the keys to a successful relocation with any pet. When it comes to successfully relocating with pets, it’s all about preparing well. 

Take your time when you pack for the move. That will lower the chances of your dog stressing out during packing. If you wish to move with the help of professional movers, it may be best to leave your dog with a professional pet sitter or a friend they know. You can pick up your dog once the movers take your things to your new Virginia home. Your dog will probably be confused to see your things gone, but at least they won’t be stressed from meeting too many strangers. All this will help them through the process and make any long-distance relocation easier. Once they arrive at their new home, they will need some time to adjust. But, with the great nature, Orange County has, this confusing period will be over in no time. 

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.

choosing the right neighborhood in Fredericksburg

7 Tips for Choosing the Right Neighborhood in Fredericksburg

Virginia has long been one of the most popular states for people looking for a new home in the US. It’s commonly called the ‘State for Lovers’ – lovers of nature, family-friendly lifestyle, history, and more. People move here for its economic stability, affordability, and geographical position. Virginia is a state of breathtaking landscapes, rich history, and many things to do, so it’s widely recognized as a great place to settle with your family. One of the towns that stand out in the crowd is Fredericksburg, a small place with a population of about 30,000. However, the number of people living in this town is rapidly growing, and there are several reasons for it. A solid economy, job market, affordable homes, and proximity to Washington and Baltimore attract people from around the country. That’s why it’s no surprise if you feel like this may be the location for your next home. It’s just left to find a great home in an area of the city that suits your lifestyle and needs. And this guide will help you do that – here are some tips for choosing the right neighborhood in Fredericksburg and making it your new home. 

Why Fredericksburg should be the place to look for a home

With a couple of big cities nearby, many people are easily drawn to Richmond, Baltimore, or even Washington to be their next home. However, there are a few reasons why you should pick a smaller town and start house-hunting over there. The small-town feel comes with a rich history, many craft breweries, amazing food, and a friendly community. The place makes it easy to settle down, especially if you’re moving with your little ones. You can enjoy the laid-back atmosphere and safety of a small town while still being less than an hour’s drive away from a bigger place such as Richmond.

 People of Fredericksburg enjoy a great commuting system downtown with many restaurants and stores and a couple of beautiful parksKenmore Park, Alu Springs Park, Old Mill Park, and more. Overall, Fredericksburg is a great place to live, so let’s see how you can pick the right neighborhood for your new home.  

a family having a picnic in a park in Fredericksburg
Fredericksburg is a great place to raise a family. 

Tips for choosing the right neighborhood in Fredericksburg

Even though it’s a relatively small city, Fredericksburg has a lot to offer. There are a couple of great neighborhoods with quite distinct features, so it’s important to know how to choose the one that will make a great home for your family. 

  1. Evaluate your needs first 

To be able to make the right choice, you need to know what you are looking for. Depending on your lifestyle, you might be looking for a place that’s more or less busy or family-friendly. For example, Downtown Fredericksburg is perfect for people who like city life and have everything they need within walking distance. On the other hand, Falmouth will give you a more peaceful vibe and separate your home from all the hustle and bustle of the downtown. Consider your plans for the future as well as your lifestyle to be able to choose the right place to live. 

aerial view of the right neighborhood in Fredericksburg
See what kind of neighborhood you’re looking for first.
  1. Consider your budget 

Not all neighborhoods come with the same price. Consider your budget before you start looking for homes. Most expensive homes are usually located in Downtown Fredericksburg or Plank Road-Route 3 area, whereas Dixon Street-Mayfield can offer affordable homes in the Fredericksburg market. 

  1. Proximity to the necessary amenities 

Some families don’t want to be away from their favorite restaurant, their kids’ school, or the local hospital. If there are locations in the city you need to be close to, look for neighborhoods in that area. Sometimes, location is the top priority for certain families, and they are willing to pay more for a convenient area of a city. 

  1. Safety 

Unfortunately, every city comes with neighborhoods that have lower or higher crime rates. Moving with your family makes safety one of your top priorities. Neighborhoods with the lowest crime rates in Fredericksburg are Highland homes, Stafford Lakes Village, Bel Plains Estates, etc. A safe neighborhood is well-lit at night, with walkable streets, friendly neighbors, and low crime rates, so be sure to investigate the neighborhoods you like before you start looking at homes in that area.

Remember: safety should you a top priority in the moving process, too. Make sure you hire reliable experts in the area for your local move to ensure a secure transfer of your items. Do research on trustworthy local moving teams and minimize the chances of dealing with fraud.

kids playing outside
Safety is a top priority for families with kids.
  1. Old or new buildings in a neighborhood

Another factor that can shape your decision is the period most properties were made. Neighborhoods with mostly older homes will probably come with a lower price but also a high risk of repairs. On the other hand, newer properties are less likely to be renovated, which is why they are often more expensive. 

  1. Noise and traffic

If you’re moving with kids, this is one of the factors that might make you change your mind about a neighborhood. A quiet street with a wide sidewalk is perfect for families with kids. Less traffic makes the neighborhood safer for kids to play and ride bikes. And if there’s a great school nearby – it’s undoubtedly a place to look for a home. Furthermore, a quiet neighborhood is more convenient for people who work from home, as they need a more peaceful environment for their home office. 

  1. Visit the neighborhoods you like for the best impression 

There are many things you can check online or by asking around. However, the best method of choosing the right neighborhood in Fredericksburg is going and taking a look by yourself. Visit the areas you like and see how you feel walking those streets. You can explore local amenities, talk to neighbors and see if you really feel the place you visited can be your new home. And one thing is for sure – Fredericksburg will welcome you with open arms!

https://www.pexels.com/photo/miniature-village-photo-667221/

https://www.pexels.com/photo/aerial-view-of-house-village-2255938/

https://www.pexels.com/photo/family-out-on-a-picnic-7669144/

https://www.pexels.com/photo/girls-jumping-playing-outdoor-game-5275307/

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.

7 Reasons to Move to Virginia This Year

Virginia is a beautiful state with a unique history. It brings many people not only to visit but also to make this extraordinary place their home. In 2021 Virginia has seen a steady rise of people flocking to live there. The reasons to choose Virginia are many. Some people come because of family and lifestyle, and others because of jobs, retirement, and health. Whichever the reasons to come here are, here is what you can expect from this beautiful state. This article will discuss 7 reasons to move to Virginia this year.

People move to Virginia for various reasons

There is no doubt about it; Virginia is one of the most popular places people are coming to. According to studies, most people came to Virginia because of their family and the comfortable lifestyle. And those reasons are the deciding factor for above 50% of out-of-state arrivals. Other reasons are retirement, job seeking, and health care, respectively. When looking at these numbers, there can be no surprise that the populace coming consists of:

  • families
  • adults 
  • job seekers
  • seniors

Property experts from LakeOfTheWoods state that the number of arrivals from 2021 will also be seen in the current year. There has been a steady increase after the COVID-19 crisis. Many people want to find getaways and start a new life here in Virginia.

The reason to move to Virginia is quality education

The State of Virginia has some of the best options for higher education. It is the home of more than 40 public universities, which is not a small number. Some of them, such as The University of Virginia, The College of William and Mary, and Virginia Tech, are the most sought-after universities. Ones with a good “pedigree” and chance of an excellent career. They are some of the oldest universities built from the end of the 17th century. If you are looking to offer your child the best education, the experts from Next Stop Movers suggest that coming to Virginia is the way to go. Many of their clients move to Virginia, particularly to pursue education opportunities.

Place for retirement

Looking for a place to retire to? Then look no further, as Virginia can be just the spot for you. Friendly, warm-welcoming, and tightly-knitted societies provide excellent opportunities to choose your ideal neighborhood. Virginia towns also enjoy one of the lowest crime rates in the US. Good housing options for aging in place add to the pros of living here. Probably the most compelling reason why seniors choose Virginia is tax friendliness. Any retiree can deduct up to $12,000 in pension and retirement income state taxes, which is a considerable amount. On top of that, the state does not tax Social Security benefits, making Virginia an ideal place for seniors and retirees.

A festival state

During the year, many festivals are held in Virginia. It is one of the more prominent reasons people are coming in draws. There is much happening that can appeal to even the most exquisite tastes. The Blues, Brews, and Barbecue festival is held in the first half of the year. It is located in Yorktown and begins every May. If you are going to Virginia Beach, don’t miss the Neptune Festival. In April, Winchester is hosting its pride, The Shenandoah Apple Blossom Festival. This enormous festival consists of more than 25 events, including music, dining, and carnivals. You can attend the Deep Roots’ Fall Festival in Orange County in the fall. Don’t miss out on the chance to attend these festivals when coming to Virginia.

Moving to Virginia interstate

Moving can be challenging and stressful, requiring a lot of time, patience, and money to succeed. When moving interstate, for example, from NC to VA, an NC-based team can help you with everything you need when moving to Virginia. This way, you will save your money and precious time, which you can dedicate to more pressing matters. On top of that, you will not have to carry anything by yourself. That can be handled by a punctual team of professionals who will do the heavy lifting for you.

Good healthcare

Virginia is renowned in the US for its excellent healthcare. The state is investing a lot of effort and money in its healthcare. So much so that Virginia is constantly rising on the list of the best public health providers every year. Excellent hospitals such as Inova Fairfax Hospital, Sentara Norfolk General, and other centers make it a perfect spot for every person with health issues, disabilities, or seniors. 

A thriving economy is a reason to move to Virginia

If you are looking for good reasons to move to Virginia, this may help you decide. Virginia is home to a diverse economy. From the shipbuilding industry, farming, and seafood harvesting. You can also find many fine wineries and distilleries. The various business opportunities brought many intellectuals and investors. This led to a steady rise and boom in the economy of Virginia, and career options are also many. A perfect place for young entrepreneurs and families seeking quality jobs.

Move to Virginia because of the weather

Moderate levels of rainfall throughout the year, hot summers, and mild winters are what make Virginia so special. It has a humid subtropical climate and one that you can enjoy no matter the season. Depending on where you choose to settle in Virginia, you can see winter snow and enjoy hot summer days in the sun. Be prepared, though, because the weather is constantly changing, bringing many rainy days and nights.

Moving to Virginia brings a lot of benefits. Virginia has everything from the tax deduction if you are a senior, good healthcare, diverse culture, to a great education and weather. However, there are also annual festivals and friendly tightly-knitted societies in rural places, making it a perfect spot for early retirement. Diverse cuisine and steady rise in economy prove Virginia is also an ideal option for entrepreneurs and thriving families. The landscape and nature are also something that you can treasure if you like spending time outdoors. Come to Virginia and experience a modern lifestyle combined with American tradition.

 Images used:

https://www.pexels.com/photo/photography-of-people-graduating-1205651/

https://www.pexels.com/photo/university-chapel-in-virginia-5580132/

https://www.pexels.com/photo/purple-fireworks-effect-1190298/

https://www.pexels.com/photo/alcohol-barrel-basement-beer-434311/

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.

How to Keep Your Yard Looking Its Best This Summer

As the season of backyard barbecues and lounging by the pool, it’s important to keep your yard in prime condition during the summer. At the same time, you’ll probably want to spend less time maintaining your yard and more time actually enjoying it.

To help you achieve that balance, here are some quick and easy tips for keeping your yard looking its best this summer:

  • Gather the necessary supplies, including those needed for your comfort. One of the most dreaded aspects of doing yard work during the summer is contending with the heat and insects. Therefore, before you get started, gather all the supplies you think you’ll need, including bug spray, sunscreen, durable gloves, and large trash bags. Additionally, remember to stay hydrated, and take frequent breaks to head indoors or take a dip in the pool in order to avoid becoming overheated.
  • Set a schedule for lawn care. Even with its constant demands, maintaining a healthy lawn is far easier than having to start from scratch if your lawn dies. To ease the burden of lawn maintenance, it may help to create (and stick to) a schedule for when you’re going to mow, water, and apply fertilizers and weed control products. As an alternative, you might consider getting rid of all or some of your lawn and replacing it with something that requires less maintenance. The options are endless, ranging from artificial turf to patio space to gardens that may include herbs, fruits and vegetables, or succulents.
  • Stay ahead of pest control. Once you’ve achieved the perfectly manicured lawn or garden, the last thing you’d want is for moles, groundhogs, and other pests to destroy it. Preventative measures will depend on the specific critters that pose a threat to your yard, but may include applying repellants or installing fencing around certain plants. And don’t forget to take steps to ward off insects that could be a risk for humans, such as ticks or mosquitoes (which may carry West Nile virus). For mosquitoes, be sure to remove any sources of standing water; for ticks, consider planting deer-resistant plants, which will help keep away deer and the dangerous ticks they sometimes carry.
  • Prioritize pruning and weeding. In most areas, the warm temperatures and rains of the summer months can cause yards to quickly become overgrown. While regular pruning and weeding may seem like a hassle, it will help plants stay healthy and keep your yard looking beautiful. Another important task, particularly during the summer, is to trim dead tree limbs, as they could pose a threat to your home during storms and strong winds.

source: www.thespruce.com

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.

Balsamic Grilled Steak Salad with Peaches

Balsamic Grilled Steak Salad with Peaches

Ingredients:

  • 1 lb. skirt steak, fat trimmed
  • 1/4 c. balsamic vinegar
  • 1 clove garlic, minced
  • 1 tbsp. packed light brown sugar
  • 1 tbsp. vegetable oil
  • Kosher salt
  • Freshly ground black pepper
  • 1/4 c. extra-virgin olive oil
  • Juice of 1 large lemon
  • 6 c. baby arugula
  • 2 ripe peaches, thinly sliced
  • 1/3 c. crumbled blue cheese or feta

Directions:

  • In a large resealable plastic bag or baking dish, combine steak, vinegar, garlic and brown sugar. Marinate 20 minutes at room temperature.
  • Heat a grill or grill pan over high heat. Remove steak from marinate, coat with vegetable oil, and season generously with salt and pepper.
  • Grill until desired doneness, 3 minutes per side for medium-rare. Let rest 5 to 10 minutes, then slice against the grain.
  • Make dressing: In a small bowl whisk together olive oil and lemon juice and season with salt and pepper.
  • Arrange salad: In a large serving bowl, add arugula, peaches, blue cheese or feta, and steak. Drizzle with dressing and gently toss.

Source: delish.com

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.

How to plan your perfect stress free staycation

How to Plan Your Perfect Stress-Free Summer Staycation

Staycations are one of the most popular trends in travel right now. The definition of a staycation can vary, but the meaning of a staycation is a short break from your everyday routine. A staycation can involve a day or two off of work exploring places or enjoying activities you don’t typically experience in your hometown. Or, a staycation can be a short weekend or weekday trip taken within a few hours’ drive from home. Staycations can win out over regular vacations on a few fronts, including less time off of work, shorter travel distances, less planning, and often less budget.

Taking a staycation can be stress-free and straightforward – here’s how to do it:

– Designate a time for your staycation. You can request a day or two off of work or make your staycation happen on the weekend. Like you would do with a regular vacation, you should block this time off on your calendar to reserve it just for a staycation.

– Decide where you want to go (if anywhere) on your staycation. How far are you interested in traveling? Do you want to stay in your own home or treat yourself to a hotel or vacation rental?

– Plan some fun staycation activities to look forward to. Think hikes, spa days, museums, restaurants, or anything else you’ve wanted to do but don’t generally have time for.

– Leave “real life” behind. Resist the urge to spend part of your staycation cleaning the house or grocery shopping. Don’t schedule a dentist appointment or anything not in the staycation spirit during this time, just because you’re off of work.

If you take a staycation during a weekday, take advantage of everyone else being at work and visit the usually super crowded places during the week. Many businesses offer discounts for services at off-peak times, so you can often find a great deal if you want to treat yourself. Taking even a small amount of time off can benefit your mental health. Staycations are perfect for parents who need a break but don’t want to go too far, people feeling burned out at work, anyone on a budget, couples in a rut, or friends looking for a reunion.

Source: tinytrips.com

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.

Should You Sell Your House or Rent It Out?

You have found a new job, a new love, or a new desire to move somewhere else. These are all great reasons to buy that one-way ticket and start packing your bags! But, what about your house? You can’t just leave it be – you have to either sell it or rent it out. Both selling and renting have a lot of pros and cons; however, it will be up to you to decide which option will take the lead. This is going to be complicated and stressful, we know. And, we also know that you are going to need help to decide. That is why we are here—to help you determine whether you should sell your house or rent it out. So, if this is the kind of help you were looking for, keep on reading. 

Signs You Should Sell Your House 

1. Your House is in Seller’s Market 

There is a huge demand for homes in a seller’s market, but there are not enough homes. This means that if your house is in the seller’s market and you decide to sell it, you will do it without any delays and for the highest price possible. Your local real estate agents can help you with this—that is, they will tell you your home’s value and give you advice on how to sell it properly. 

2. You Need Money 

Should you sell your house or rent it out also depends on whether you have enough cash—for your new home and to maintain this old home? Everything costs money. So, evaluate your budget and assess all of your finances. If you have some money to spare, great! But, if you don’t, that is your sign to sell your home. 

3. Your House is Old and Requires Serious Renovation 

Maybe you want to move out of your house because it requires a lot of maintenance. It needs to be renovated and upgraded so that it can fit all of your needs and preferences. If that is the case, you should look for movers on bestcrosscountrymovers.com, relocate, and sell your house. If you can’t live in it, renters won’t be able to either. All renters look for comfortable and modern homes – if your home isn’t that, you will not be able to rent it out. 

An old, damaged wall.
With old and destroyed houses, there is no doubt whether you should sell your house or rent it out

4. You Don’t Want to Be a Landlord 

Renting out your property to strangers means that you will still be responsible for everything that is going on in your house. You will have to take care of all the household issues, finances, and many other problems. And, you will always have to be nearby. This will be just like any other job. Of course, it will provide you with a steady cash flow (almost) every month, but it will also require you to “work” on that property too. If this is not something you are ready to do, better list your house now. 

5. The House Is Just Not Good Rental Material 

As previously said, all renters want to live in modern and comfortable homes. But not only that, they want to live in safe homes that have all the needed amenities both inside and out. They want to live in homes that are close to the city center or, at least, close to some means of transportation. Just think about it–would you rent out a home in the middle of nowhere, and that will make your life extremely difficult? Probably not. So, if your house has similar features, don’t even think about whether you should sell your house or rent it out. The answer is rather obvious. 

A house-shaped keychain representing the uncertainty of whether you should sell your house or rent it out
If you wouldn’t want to rent your home, other people won’t either.

Signs You Should Rent Your House 

1. Demand for Rentals is High in Your Area 

If, for example, you have to move from Virginia to some other state, don’t let all of the reasons mentioned already force you to sell your house and decide to leave for good. There are some great reasons (signs) for you to keep your home and rent it out before you leave. And one of those signs is that you live in an area where there is a high demand for rentals. Those are typically urban areas, areas around schools and colleges, areas close to business districts, etc. Renting your home can be quick, easy, and financially good in these areas. So, before you decide to leave for good, think about this – renting your house can be a wise decision. 

2. Wondering if You Should Sell Your House or Rent It Out When You Are Still Attached to the House 

Maybe a job or some new life event forced you to move out and buy a new house. And, maybe you still love your house—it has everything you need, and it reminds you of your family. It is okay to feel emotionally attached to a property! And, it is okay to rent it out until you figure out what to do. By renting the house out, you will have enough money to take care of it even from the far. So, don’t push yourself to do something you are not ready for. Rent the house until you are ready for the next move—whatever that move may be.

One person giving home keys to another.
If you are still attached to your house, be sure to find some good and reliable tenants.

3. The House is Good Rental Material

If you still don’t know whether you should sell your house or rent it out, just check whether it is a good rental material or not. Besides being in a desired, safe rental market, the house should also have all the wanted amenities. For instance, most renters look for amenities such as big kitchens, new bathrooms, substantial square footage, outdoor area, etc. If your house has all of this, then rent it out. You will certainly be able to find good renters who will be suitable for your house and who will be able to pay a good amount of money for it. 

As you have seen, many signs can help you decide whether to sell your house or rent it out. However, it all depends on you at the end of the day. Look at these signs and evaluate your situation and your house’s condition, but don’t forget to ask yourself what is good for you. 

Meta Description: Wondering whether to sell your house or rent it out? Wonder no more—keep on reading for some expert advice. 

Photos Used: 

https://www.pexels.com/photo/person-holding-silver-key-8293778/

https://www.pexels.com/photo/unfinished-wall-804392/

https://pixabay.com/photos/build-a-house-house-for-sale-4503738/

https://www.pexels.com/photo/person-giving-keys-from-new-home-to-family-7489107/

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.

Should You Be Worried About a Housing Bubble?

Key Takeaways:

  • Real Estate Bubbles: what are they, are we in one now, and why there’s no cause for alarm.
  • It’s natural to compare today to 2008, but this housing market is vastly different.
  • You can lean on our expertise! We’ve seen all types of markets, so reach out with questions.

With home prices soaring to levels never before seen, it is undeniable that the U.S. housing market is in uncharted territory, with many industry experts speculating that we’re in the midst of yet another housing bubble. However, like snowflakes, every bubble is created differently and is unique.

As mortgage rates rise and rumors of another crash in the housing market fill the news cycle, it may be tempting to get cold feet and postpone your homeownership dreams. But as we’ll explore below, it’s essential to understand the anatomy of housing bubbles, what causes them and why it’s a term you needn’t fear.

What exactly is a bubble within the housing market?

house property prices bubble of the investment loan interest rate on mortgage

In basic terms, a real-estate bubble is a temporary economic event that occurs periodically and refers to an increase in the overall value of the housing market. When a bubble grows, home values increase; when a bubble pops, property values decrease.

Simple enough, but, what causes the housing market to experience bubbles?

Traditionally, the Law of Supply and Demand dictate a property’s market value. For example, when the demand for housing is high, and supply is low, home prices often rise, typically resulting in a seller’s market. Conversely, when housing supply is high but demand is low, market values fall, resulting in a buyer’s market. However, additional factors such as speculative investing, FOMO (Fear Of Missing Out) panic buying, and risky lending (such as occurred in the 2008 Housing Crash) are all elements that influence the growth and burst of housing market bubbles.

Why you don’t need to fear housing bubbles

Loving young couple looking at dream house.

We can always count on the old axiom in real estate: “You can never enter the same river twice.” (Fun fact: Greek philosopher Heraclitus came up with that lasting gem!)

What is meant by this is that history does not strictly repeat itself, and for us today in the real estate market, that means that it’s not 2008. As mentioned above, though the market moves in cyclical fashions, most experts do not believe that The Great Recession is repeating itself in today’s market.

2022 is not 2008 repeating itself

Young woman holding home keys while hugging boyfriend in their new apartment after buying real estate.

The infamous U.S. housing bubble of the mid-2000s had its origins in the unprecedented growth of the subprime mortgage market. Additionally, U.S. government-sponsored mortgage lenders Fannie Mae and Freddie Mac made home loans accessible to borrowers with low credit scores and a higher risk of defaulting on those loans.

None of this is happening today.

The current market demand is not the result of easy lending. Instead, today’s rising property values result from the natural market forces of a low supply in housing inventory meeting high demand. But with new home construction expected to surge in the second half of the year, this will help ease demand in the future and stabilize the market overall.

Regardless of whether you’re selling your home or are a first-time homebuyer, the key takeaway for you is this: today’s high home values are not likely to crash any time soon, so it is as good a time as any to enter the market.

You Can Count on Us in Uncertain Times

If you’re feeling unsure about whether to buy or sell a home right now, reach out and rely on our expertise to guide you to make a sound financial decision. Our team has the experience and knows our local market, so contact us today and we’ll work with you to find the right strategy for your situation.

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.

moving to orange county va with your dog

Moving to Orange County, VA with Your Dog

You are moving into a new home – it’s exciting but rather challenging. And we’re not thinking only of packing – some ‘hidden’ challenges will undoubtedly come your way if you’re not well-prepared. One of them is surely taking care of your furry friend while moving. Pets, especially dogs, can react nervously to the whole thing, making the process even more difficult. Luckily, there’s a way to avoid issues. Here are the best tips on moving to Orange County, VA with your dog.

Why Orange County, VA is great for people with pets

Not every place is good for pets. However, Orange County is undoubtedly one of the pet-friendly ones. Firstly, you can truly enjoy the outdoors – your dog can run, play and jump as much as it wants. There are several parks and other green spaces in cities such as Orange and Gordonsville. Also, most shops allow well-behaved dogs, allowing you to go shopping with your furry friend. Finally, you’ll be able to find a pet-friendly home as well – just be sure to set this as a priority in your house-hunting process.

How to make moving to Orange County, VA with your dog smooth and stress-free?

Relocations are not only stressful for humans – dogs can feel stressed out as well. The biggest reason for it is the disruption of their living space and adapting to the new environment. Dogs rely on the smells around them, so they can become pretty nervous once they need to move into an unfamiliar place. There are ways you can make moving with pets easier for your little friend and prepare for this task – so be sure to remember these tips when you start planning your move to Orange County, VA.

Let moving supplies be there for a while

Bringing new objects to the house can make your dog upset – especially if you start packing ‘their’ items into boxes. Thus, make sure you bring in moving supplies a bit before you need to start packing. This will allow your pet to get used to these items and have no issues once you start packing your household for the move. After going through all the steps of buying a property, hiring movers, and shopping for packing supplies, sitting in a house filled with packing materials might be the last thing you want. However, it’s what your dog needs, and that’s all that should matter. 

 a dog sitting in a chair
Dogs are very sensitive to changes – make sure they don’t feel a thing when moving to a new home.

Figure out the transport details 

Depending on where you’re coming from, you and your pet will spend more or less time in your car, or a plane, train, etc. Thus, it helps to figure out the transport details on time. If you’ll need a transport box, and your dog is not used to traveling in it – get one beforehand. Let it sit in your home for a couple of weeks, so your pet can get used to it. Put its favorite toys and snacks in this transport box, so the dog can see it’s a safe place to be.

In case you need to travel by plane, and this is the first time for your dog, it’s good to prepare it for it. Some people recommend going together through a car wash, which simulates the sounds and vibrations to the ones you feel on the plane. But most importantly, it’s essential that you are calm and that you speak to your dog in a calm, optimistic voice.

Stick to a routine 

Moving house can disrupt your schedule a lot. However, it’s essential to stick to your dog’s routines as much as possible. This includes feeding and playtime and your routines when going for a walk. The routine will ensure your dog feels safe and calm even with all the changes around.

a woman practicing yoga with her dog
Always stick to the routines when moving to Orange County, VA with your dog

Bring all of your pet’s old items 

It’s often recommended to declutter the old household before you start packing and throw away everything that you can replace with new items. However, when moving to Orange County, VA with your dog, try to keep most of the old things. Keep your dog’s old food and water bowls, bed, and toys. Once you arrive at the new bigger/smaller home, these items will help them feel secure and recognize the new place as their new home.

Visit the vet before moving to Orange County, VA

Pay a visit to your old vet before you relocate. They may be able to recommend a new vet in Orange County, VA. Also, they could write all the necessary prescriptions in case your dog takes therapy. Finally, make sure your pet is microchipped – with the updated address. This proved to be useful for pet owners whose pets escaped during the move as they were feeling anxious and scared. Finally, take care of all the documentation, especially when moving from another state or relocating internationally.

a girl using a laptop to find out more about moving with her dog
Schedule a visit to the pet before moving and get all the necessary documentation for a safe journey.

Keep your dog away on the moving day 

Once all the boxes are packed and movers are about to arrive, it’s best to leave your dog in trusted hands but away from the house. Experienced moving companies, such as Zippy Shell NV, recommend you find a place where your furry friend will feel calm and safe. Ask a friend or a trusted dog sitter to take care of your pet while movers do their part. Strangers taking away items from your home are what dogs see as a threat, making them extremely nervous and sometimes aggressive.

Adapting to the new space 

After the move, it’s time for the last step to introduce the dog to the new living space. Firstly, make sure the new home is safe for a pet – remove any hazards, close all the doors and windows and then let the dog into the house. As everything is new, your dog will explore the space by trying to smell and touch almost everything in the house. That’s why the environment must be safe for this new curious resident. Moving to Orange County, VA with your dog can be a wonderful experience – but you have to make it such. 

Meta description: Moving to Orange County, VA with your dog in the days to come? Then read our article and learn how to get ready for it. 

https://www.pexels.com/photo/white-shih-tzu-puppy-on-fabric-sofa-chair-981062/

https://www.pexels.com/photo/woman-girl-animal-dog-4056535/

https://www.pexels.com/photo/man-love-people-woman-5482207/

https://www.pexels.com/photo/woman-lying-on-a-bed-and-looking-at-her-laptop-5122167/

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.