Licata Group would like to extend a warm welcome to all the new homeowners! We often have really fun events hosted throughout the year, do frequent giveaways (think lotto scratchers, pies, FredNats tickets, just to name a few!), and also provide real estate market updates as well as local upcoming community events. We would like to take this opportunity to invite you to join our newsletter so you can never be without it! Sign up here. Or call our office at 540-388-2541.
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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.
Welcome to your dream home! This stunning 2163 sq ft rambler boasts a thoughtfully designed layout and a plethora of features that cater to your comfort and lifestyle. As you step inside, the warm embrace of hardwood floors throughout the home welcomes you with open arms. Upon entry, the expansive foyer graciously invites you and your guests, setting the tone for the spaciousness that awaits. Turning to your right, you’ll discover a captivating kitchen and dining combination, eagerly awaiting your company. Illuminated by an abundance of natural light pouring through the bay window, the kitchen/dining area is a true gem. Cathedral ceilings soar above, creating an open and airy ambiance that complements the flow of light. The dining room extends seamlessly, offering a built-in hutch that harmonizes with the kitchen’s design, providing both functionality and style. The well-appointed kitchen is a haven for culinary enthusiasts, equipped with stainless steel appliances, elegant Corian countertops, and a breakfast bar that serves as both a practical addition and a social hub. Entertaining guests or enjoying cherished family moments becomes second nature in this inviting space. Enter the living room, a sanctuary with vaulted ceilings that elevate your experience. A floor-to-ceiling stone fireplace takes center stage, captivating attention and beckoning you to create lasting memories with loved ones. This is where family homework sessions, cozy movie nights, and spirited game evenings find their perfect backdrop. Adjacent to the living room and kitchen, a remarkable sunroom awaits, a space that embodies relaxation and connection with the outdoors. Whether you’re lost in the pages of a favorite book, soaking in the sun’s rays, sharing laughter over drinks, or seeking tranquility for meditation, the sunroom accommodates it all. The expansive bonus room is a canvas for your imagination, ready to transform into a hobby haven, an efficient home office, a versatile rec room, or a delightful play area for the little ones. The primary ensuite is a retreat within a retreat. Generously sized, it boasts dual closets and direct access to the deck, where mornings can begin with fresh air and a cup of coffee. On the opposite side of the home, you’ll find two sizable bedrooms and a bath, thoughtfully positioned away from the primary suite for added privacy. Step outside and discover a two-car garage that offers the potential for storage, creative hobbies, or even a hangout space. The front and back yards are meticulously maintained, welcoming you with manicured perfection. An outdoor deck and a two-tier patio provide options for al fresco dining, relaxation, and entertaining in the embrace of nature. This split-bedroom rambler embodies comfort, style, and a seamless fusion of indoor and outdoor living. Don’t miss the opportunity to make this dreamy property your forever home! Nestled in a private, secure, gated community, Lake of the Woods is a paradise of possibilities. With two lakes, a golf course, an equestrian center, fire and rescue services, and even a church within its bounds, this community offers a diverse range of activities. From boating, water skiing, kayaking, and golfing to the simple joy of soaking in mesmerizing views from the clubhouse, deck, yard, or beaches, there’s something for everyone. Engage your interests by joining over 60 clubs and organizations, or perhaps indulge in a game of bridge or contribute your talents as a volunteer. Lake of the Woods truly caters to your lifestyle. Located in Orange County, enjoy the added advantage of low real estate taxes. With home prices spanning from $200,000+ to over $2,000,000, Lake of the Woods is the ideal haven for both full-time residents and weekenders. Don’t just take my word for it – come and see for yourself! Allow me to guide you through a captivating tour of Lake of the Woods, showcasing the very essence of what makes this community so special.
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.
Welcome to this stunning lakefront retreat featuring 90 feet of water frontage and 4300+ square feet of living space close to the front gate, where cherished memories await. With an absolutely fabulous waterfront location, spectacular sunsets, the Independence Day fireworks, migrating waterfowl, and sailing regattas will delight! As you step into the foyer, you’ll be greeted by the scent of fresh paint and new carpet! To your right, a living room/flex room and elegant formal dining room beckon, boasting exquisite trim details of crown molding and chair railing, setting the stage for unforgettable holiday dinners and gatherings. As you venture down the hall, you’ll be captivated by the breathtaking sight of a huge, spectacular kitchen that will accommodate multiple chefs. The abundance of space and water views of the lake make this kitchen a chef’s paradise. An inviting eat-in area, with a bow window, offers the perfect spot to start your day with the serene beauty of the lake as your backdrop. The kitchen is adorned with cabinets galore, featuring two islands, one with a butcher block and the other with stunning Silestone countertops. Adjacent to the kitchen, the family room awaits, boasting brand-new carpet, vaulted ceilings, and a brick fireplace that sets the tone for cozy gatherings and cherished moments with guests. The mesmerizing lake view from the family room and expansive deck only add to the allure of this exceptional space. Off the kitchen, a screened porch invites you to relax and enjoy the gentle breeze and soothing sounds of the lake. You’ll also find access to the primary bedroom on the main level, which is a generously sized retreat with unbeatable lake views, completed with a dressing room and a walk-in closet. The ensuite bathroom exudes spa-like luxury with its upgraded vanity, shower, and relaxing tub, perfect for unwinding after a long day. As you explore further, you’ll discover the sunroom featuring large windows. Adjoining the sunroom, a massive laundry room provides all the essentials you need to make laundry chores a breeze. The mudroom, connected to the laundry area, ensures easy access to the outdoors, making coming and going effortless. Descending the wide stairs to the lower level, prepare to be amazed by the magnificent lake view that unfolds before your eyes. A versatile flex area to the right and left of the stairs offers endless possibilities, whether you envision it as a table area, office space, or a cozy spot for games. The lower level boasts three spacious bedrooms, one of which allows waking up to picturesque lake views, making every morning a delightful experience. A full bathroom caters to the needs of these bedrooms, ensuring comfort and convenience for all. A recreation room with a wood stove awaits, inviting you to unwind and relish peaceful moments. From here, access a massive patio, where you can bask in the tranquility of the lake. A gentle path leads to your private dock, inviting you to indulge in lakefront living at its finest. So let’s get this lake life started! Outside, a two-car garage, circle drive, and walking path to the water offer seamless functionality and ease. This home is brimming with character and offers an abundance of space for all your needs and desires.
Discover the ultimate in luxury living at Lake of the Woods, a private, gated, and secure community. With two lakes, a golf course, Clubhouse, an equestrian center, a fire and rescue department, and a church all within the gates, this community offers endless possibilities for recreational activities. Boating, water skiing, kayaking, golfing, horseback riding, or simply relaxing and taking in breathtaking views are just a few of the options that await you. LOW offers over 60 clubs and organizations to join as you may wish. Located in Orange County, you’ll also enjoy low real estate taxes. Come see for yourself, and I’ll give you a personalized tour of the Lake.
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.
Step into this captivating contemporary colonial home, where each room invites you to create cherished memories and embrace the joys of living. The foyer welcomes you with hardwood floors, setting the tone for elegance and warmth as you step further inside. To the left, the dining room beckons you to gather with loved ones, basking in the glow of sunlight streaming through the large window, making every meal a delightful occasion. As you move forward, the sizable living room becomes the heart of your home, where tall ceilings and skylights elevate the space with a sense of openness and light. Snuggle by the gas fireplace on cozy evenings, sharing stories and laughter with family and friends. Adjacent to the living room, the well-designed kitchen awaits, offering an ideal setting to channel your inner chef. The eat-in area is perfect for casual meals, while the large pantry and built-in shelving ensure ample storage space for culinary delights and decorative treasures. The sleek tile floor and backsplash exude modern charm, complementing the stainless steel appliances that make cooking a pleasure. Down the hall, the practical laundry room and half bath add to the ease of daily living, keeping everything effortlessly organized. On the other side of the living room, discover the tranquil haven of the primary suite. The spacious bedroom offers the perfect retreat for rest and relaxation. As the sun bathes the room in natural light, you’ll feel energized and rejuvenated. The massive primary bath becomes your private spa, with a luxurious jet tub where you can soak away the stresses of the day. The elegant tile floors extend through the shower, while the double vanity provides ample space for morning routines. Connected to the primary suite, a delightful sitting room beckons, with its vaulted ceilings and access to the back deck, inviting you to savor peaceful moments and enjoy the beauty of the outdoors. As you venture upstairs, a versatile loft area presents endless possibilities. Create a cozy reading nook, a home office, or a playroom for the little ones. Two spacious bedrooms offer comfort and space for family or guests, while the full guest bath ensures everyone’s needs are met. Outside, the deck and patio become your personal oasis for entertainment and relaxation. Host unforgettable gatherings, bask in the warm sun, or simply enjoy the tranquil ambiance of the surrounding nature. Nestled on an open corner lot, this home is adorned with a 2-car garage and a circle drive, offering both convenience and curb appeal. This enchanting home provides the canvas for cherished memories and endless moments of joy. With ample space inside and out, you’ll find the perfect balance of comfort and functionality for a life well-lived. Conveniently located near the front gate and just a short walk to a marina with lake access.
Lake of the Woods is a private, secure community with two lakes, a golf course, an equestrian center, and more. Boating, golfing, kayaking, and breathtaking views await. Join clubs, volunteer, and make memories. Low taxes and diverse homes make it perfect for residents and weekenders. Come see for yourself! Tour by boat and car available.
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.
0 sold below $250,000.00 0 sold between $250,000-299,999; 7 sold between $300,000-349,999; 5 sold between $350,000-399,999; 11 sold between $400,000-499,999; 3 sold between $500,000-$999,999; 2 sold above $1,000,000!
30 Active/Coming Soon Listings for Sale 23 Homes Under Contract 112 Homes Sold since January 1, 2023.
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.
In March, 21 homes were SOLD in Lake of the Woods.
1 sold below $250,000.00 2 sold between $250,000-299,999; 3 sold between $300,000-349,999; 7 sold between $350,000-399,999; 6 sold between $400,000-499,999; 2 sold between $500,000-$999,999;
21 Active/Coming Soon Listings for Sale 22 Homes Under Contract 46 Homes Sold since January 1, 2023.
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.
Introducing a well-maintained masterpiece located at 1327 Lakeview parkway. This 5 bedroom 3 bath split foyer home is a true gem, offering plenty of space and amenities for even the most discerning homeowner. As you step inside and move upstairs to the main living area you’re greeted by a stunning cathedral ceiling that creates a spacious and airy feel throughout the home. The main level features an open-concept floor plan with a living room, dining area, and a modern kitchen complete with plenty of storage space. Three spacious bedrooms and a guest bath are located on this level, including the primary suite. The luxurious primary suite is sure to impress with its spacious walk-in closet and a private bath with double vanity, jetted tub, and stand-up shower. This peaceful retreat is the perfect place to unwind after a long day. The lower level of the home is equally impressive, with a massive rec room that is perfect for entertaining guests, hosting movie nights, or simply relaxing with family. The gas fireplace provides a warm and cozy ambiance, making it a favorite gathering spot for all. There are two additional bedrooms, a full bath, and a laundry room. The oversized garage provides ample room for parking, storage, and workspace, making it a dream for car enthusiasts, hobbyists, or anyone in need of extra storage space. Outside, the flat yard offers plenty of room for outdoor activities, relaxation, and entertainment. Whether you’re looking for a spacious family home or a place to entertain guests, this home is sure to impress. Don’t miss your chance to make it yours!
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.
In January, 13 homes were SOLD in Lake of the Woods.
0 sold below $250,000.00 1 sold between $250,000-299,999; 0 sold between $300,000-349,999; 7 sold between $350,000-399,999; 4 sold between $400,000-499,999; 1 sold between $500,000-$999,999;
24 Active/Coming Soon Listings for Sale 21 Homes Under Contract 12 Homes Sold since January 1, 2023.
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.
Sell your home faster with these easy repair and design tips
Minor improvements can make a big difference
Contact us to sell your home for top dollar in 2023
Thinking about selling your home in 2023? Your property’s interior and exterior look and feel have a direct impact on the final sale price of your home. Investing in minor improvements such as paint, flooring, or furniture creates an inviting atmosphere and draws potential buyers. Before you list your home, try these proven tips to help get you every penny your home is worth!
Remove extra clutter in your home
A home free of clutter can help potential buyers see the true beauty in your space. Not only does removing the clutter make viewing easier, but a clean room shows that you take care of your home. Removing items blocking walkways or other essential areas allows buyers to better imagine their furniture and possessions in each room. Decluttering also helps you keep organized as you move out, simplifying the packing process. Don’t let unnecessary objects get in the way of potential buyers seeing how great your space is!
A fresh coat of paint goes a long way
Neutral colors make a home appear clean, open, and inviting, so painting the walls in a neutral shade is a must for anyone getting ready to sell their property. Neutral colors help buyers envision the space as their own – allowing them to mentally plan how they’ll use the rooms in their new home. Plain colors can also make furniture and other decorations stand out, so they don’t have to worry about adjusting pieces to match what was already on the walls. Utilizing neutral colors will give potential buyers an idea of how a room would look if decorated with their own style and personality.
Entice homebuyers as soon as they arrive
Increasing your home’s curb appeal is an easy and satisfying way to give your living space a fresh look. By tidying up the yard and enhancing the house’s exterior, you can create an inviting atmosphere that potential buyers will love coming home to. Taking care of the lawn can be as simple as mowing regularly or adding potted plants and foliage that match your decor style. Paying extra attention to specific details, like painting the front door, can help your property stand out nicely. An easy and inexpensive option to add instant curb appeal is to have your house power-washed. With just a little effort, you can craft a stunning outdoor environment that will draw admirers far and wide.
Let’s Discuss Your Real Estate Goals
If you’re thinking about selling your home in 2023, right now is the best time to start getting ready. Contact our team to discuss your real estate goals so we can help you build a smart strategy for selling. Our team has the local experience you need and backs our advice with the latest market data for your neighborhood to help you get top dollar for your home!
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 continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2022. This inventory shortage, along with rocketing interest rates and inflation concerns in the second half of the year, definitely changed the course of the 2022 real estate market. Closed sales decreased approximately 24% from 358 to 272. New construction accounted for 31 of the 272 sales. The median sold price increased 11.39% year over year from $336,500 to $375,950 in 2022.
Now let’s look at the past five years:
In 2019, 301 homes sold, which was a 28.63% increase over 2018. The median sales price rose to $270,000. In 2020, we realized a 4% gain in home sales over 2019, with a total of 313 selling. 2021 showed a gain in sales at 358, and the median sold price increased almost 16% to $337,500, up from $291,250 in 2020. And then came the mixed bag 2022 market: closed sales fell by more than 24%, while the median sold price rose by 11.39%.
Average days on the market (DOM), which is the number of days it takes from the time a property is listed until it goes under contract, had steadily decreased from 76 in 2018 to 16 in 2021…yet in 2022, it rose to 23, more evidence of a changing market.
It’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2018, through December 31, 2022, a total of 172 lots sold: 45 in 2018; 41 in 2019; 49 in 2020; 24 in 2021; and only 13 in 2022. There simply are very few lots left in LOW.
Of the MLS sales reported in 2018-2022, new construction numbers have varied. 2018 saw 11 new construction homes sales; 2019 realized 31; 2020 sales jumped to 41; 2021 ended at 37; and 2022 saw new construction sales dip to only 13.
Again, there aren’t many lots left in LOW, which, of course, will impact new construction sales in the future.
Another notable statistic is the dramatic rise in average sold price to original list price ratio. It had steadily risen from 96.4% in 2018 to 100.9% in 2021, with 2022 showing a slight decrease at 100.3%.
According to Freddie Mac and the Mortgage Bankers Association at this time last year, mortgage rates were expected to rise and end 2022 in the 3.75-4% range for a 30-year fixed. As we experienced, they were wrong! Interest rates rose at a higher trajectory than ever before in the history of mortgage rates being documented. The current forecast is for rates to stabilize and then start a slow decline. It is anticipated that stabilization in interest rates and more confidence should bring buyers back into the market who “paused” due to all of the uncertainty.
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.
