Tag Archives: real estate in virginia

March 2022 Lake of the Woods Monthly Market Statistics!


In March, 23 homes SOLD in Lake of the Woods.

0 sold below $250,000.00
2 sold between $250,000-299,999;
7 sold between $300-349,999;
3 sold between $350,000-399,999;
8 sold between $400-499,999;
3 sold between $500,000-$999,999;
0 sold over $1,000,000!

19 Active/Coming Soon Listings for Sale
38 Homes Under Contract
58 Homes Sold since January 1, 2022.

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

216 Battlefield Rd, Lake of the Woods Virginia 22508 NOW SOLD by Licata Group EXP Realty LLC

Welcome to 216 Battlefield Road! If you are looking for a bright, quiet home with open spaces, you will love this one! A very well taken care of home, it offers abundant natural lighting and gorgeous hardwood floors throughout. You walk into a open floor plan with the dining room and living room combined with skylights in the vaulted ceiling and a gas fireplace. The large kitchen boasts plentiful counter tops and cabinets with a sunroom with access to the brand new patio/deck. The owner’s suite and en-suite bath will satisfy your need to relax in the soaking tub, stall shower with an additional walk-in closet. Above the garage is a bedroom with skylights and arched ceiling so it’s a perfect, quiet flex space. The level yard is beautifully landscaped all the way around with a raised vegetable garden already to provide yummy veggies! This home is one not to miss!

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.

208 Musket Ln, Lake of the Woods Virginia 22508 Home Now SOLD by Licata Group EXP Real Estate Advisors!

Welcome to 208 Musket Lane! Step into this rustic and quaint open floor plan with updated luxury vinyl flooring throughout. The open concept floor plan of the living room/dining room/kitchen makes living easy! Entertaining will be fun with the abundance of space for bar stools at the large scale counter top. Enjoy the comfort of the sunroom with sliding windows to let the breeze flow in. The spacious bedrooms provide all the roominess you need. There is plenty of room in the laundry room for storage in the built-in shelves and a tool bench. Make sure to check out the oversized two car garage and expansive driveway in back! Perfect house for anyone! Stop in at our Open House or schedule a tour TODAY!

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.

209 Limestone Ln, Lake of the Woods Virginia 22508 Home SOLD!! by the Licata Group EXP Realty LLC!

Welcome home to 209 Limestone Lane! Located on a large corner lot backing to the golf course in the beautiful Lake of the Woods community.  Step into a cozy living room with a wood burning brick fireplace and built in book cases. The spacious eat in kitchen has plentiful cabinets and a pantry.  Access to the large back deck is sure to be pleasing on those lovely weather days and great for entertaining. The spacious Owner’s suite with bright windows offers a roomy en-suite bathroom with double sink,  a walk in closet as well as an additional large closet.  Two driveways and the oversized one car garage provide for plenty of parking.

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 $240,000+ 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.

104 Patrick Henry, Lake of the Woods Virginia 22508 HOME NOW SOLD!! by the Licata Group EXP Realty!

Welcome to 104 Patrick Henry Court! Enjoy this spacious, well-kept home that boasts gleaming hardwood floors, a stone fireplace, and a screened in porch. This seven bedroom home is sure to please anyone looking for ample storage space, room to roam to comfortably accommodate large gatherings at the lake! There are bonus rooms which can be the perfect flex spaces for an office, a game room or playroom. There are fun little closets to discover as well and bountiful closets to store all your needs. The formal areas are elegant and airy with gorgeous arched windows and French doors. This home is near by Hollyfield Park.

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 $240,000+ 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.

February 2022 Lake of the Woods Monthly Market Statistics!

In February, 14 homes SOLD in Lake of the Woods.

0 sold below $250,000.00
1 sold between $250,000-299,999;
3 sold between $300-349,999;
4 sold between $350,000-399,999;
4 sold between $400-499,999;
1 sold between $500,000-$999,999;
0 sold over $1,000,000!

15 Active/Coming Soon Listings for Sale
35 Homes Under Contract
31 Homes Sold since January 1, 2022.

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

102 Monument Rd, Lake of the Woods Virginia 22508 SOLD! by the Licata Group Real Estate Advisors

Welcome to 102 Monument Road! If you love spacious living, you will love this home! The entry welcomes you into the expansive living room which boasts built-in book shelves, cabinets and a unique stand alone wood burning fire place, an impressive space! Beautiful French doors lead you into a den with another cozy brick, wood burning fireplace. Enjoy preparing meals in the galley style kitchen with gleaming granite countertops, and stainless steel appliances. With four bedrooms, you will have plenty of accommodating space. Step outside into the sweeping deck with a large table and chairs, a platform pergola to surely impress your guests as you provide so many spots for entertainment and relaxation. There’s even a workshop/man cave/she-space to escape to with a/c and heat. You could also enjoy a short walk to Cornwallis beach.

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.

313 Westover Pkwy, Lake of the Woods Virginia now SOLD by the Licata Group EXP Realty Real Estate Advisors!

Welcome to 313 Westover Parkway! If you are looking for a roomy, open floor plan home with views of #15 Fairway then this is the one! The living room boasts a gas fireplace and high ceilings with 2 skylights that are sure to please the eye as you enter. Formal dining room is adject with chair railings. The kitchen combined with the living room makes entertaining fun with access to the screened in porch and deck, bring your grill! The spacious owner’s suite with an adjoining sitting room is perfect for a home office, with a sliding door that also gives access to the screened in porch. The en-suite bathroom with a soaking tub, shower, double sink is sure to accommodate all your comforts. This home has plentiful closets and storage spaces.

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.

January 2022 Lake of the Woods, Virginia Real Estate Statistics

In January, 15 homes SOLD in Lake of the Woods.

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

13 Active/Coming Soon Listings for Sale
25 Homes Under Contract
15 Homes Sold since January 1, 2022.

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

How Will Inflation Affect the Housing Market?

Key Takeaways:

  • The historic low housing inventory creates value opportunities in competitive housing markets.
  • Anticipation of new home listings to hit a 10-year high as some owners see right now as the best time to sell.
  • Condo and rental demand are likely to surge as inventory supply chain issues impact the housing market.

This Year Will Bring Balance to the Housing Market

After two consecutive years in which words like “unprecedented,” “historic,” and “white-hot” have been buzzing about, we can now add “inflation” to the list.

What is inflation, and how will it affect the real estate market in 2022?

Real estate is not immune from the inflationary effects of declining purchasing power on an economy. When prices go up, so do the costs associated with real estate. In a nutshell, that’s how inflation works; like a rising tide lifts all boats, so does inflation with rising costs. However, there are always reasons to be genuinely confident in real estate’s proven ability to hedge against inflation and be profitable.

Here are three particulars and tips to help you navigate these inflationary waters and better prepare you to make your move when you decide it’s time to do so.

#1: Low Housing Inventory Drives Values

Dictionary showing the word inflation being highlighted.

With the market expected to remain undersupplied throughout the year and with this year already seeing historic low numbers in housing inventory, continued supply chain issues, and material costs resulting from inflationary pressure will undoubtedly influence the market. Many analysts are anticipating a modest 3% growth in home values, compared to the 24% return that last year saw.

Historically, it is well-documented that real estate remains profitable when inflation affects an economy. One reason is that landlords can always pass their cost increases off to their tenants. But the real lesson here is the age-old axiom that scarcity creates value. So instead of seeing the record-low number of housing inventory as something to steer clear of, it means that while there may be much competition in home buying, that’s because of the value of being a homeowner.

#2: New Listings to Hit 10-Year High

Image showing a couple signing real estate documents with money in front of them.

The end of double-digit price growth in home values will also encourage more homeowners to cash out finally, which will create more inventory in the market. But as the market settles down and becomes more balanced, homeowners will also be more inclined to list their homes to offset inflationary pressures elsewhere, though it will not be enough to meet the expected historical demand in 2022. This increase in listings of existing homes will also coincide with a slight increase in the listings of newly constructed homes, similarly expected to be the highest in a decade.

New home inventory should increase from 2021’s bottom, but we anticipate the market will remain undersupplied. In particular, the entry-level supply of new home construction will remain highly constrained.

#3: Condo and Rental Demand Will Take Off

Image showing a luxury condominium overlooking several swimming pools.

2022 will also see the end of mortgage forbearance, which along with inflationary pressures, will cause many homeowners to sell and rent instead. This surge in rental costs and demand will create opportunities for others looking to get into the housing market. As a result, expect rents to increase 7% by the end of 2022, more than double the predicted year-over-year growth in home prices of 3%, once again proving that homeownership is always a more reliable use and investment of your money.

As the pandemic subsides, more people will live in cities once again where renting is more common. Additionally, the strong labor market will cause many movers wanting to move into a new town the opportunity to get to know their new city before they commit to homeownership.

The Market Is Moving—Get Started Now

There’s always much to consider when buying a new home. Whether you’re a first-time home buyer or looking for your next, understanding the more significant economic trends is always important to maximize your efforts’ success. So contact us today and let us know how we can help support you in your journey.

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.