Whether you’re looking to buy a house for aging in place or to accommodate your current accessibility needs, there are so many things to consider as the owner of a home-based business. In addition to looking for a house with wide hallways and doorways, zero-step entrances, and other accessible features, you’ll need plenty of open space for your home office.
The Licata Group can help you with your search. Here are more tips to buy an accessible home that accommodates you and your home-based business.
What to Look for in Your New Home
As you prepare to buy an accessible home for living and doing business, an experienced real estate agent will be an incredible asset. Your agent can help you to search for homes that meet your budget, location preferences, and accessibility needs — while also keeping the needs of your business, clients, and employees in mind as well.
Depending on your personal and professional needs, several types of home features to look for include the following:
A spacious room with an open floor plan, wide door, lower light switches, and good lighting that can be used for your home office
A fully accessible bathroom that’s located near the office
Single-story floor plans
Non-slip flooring
Doors with lever-style handles
Ample parking for guests and employees
Space for a waiting room that can be used by your guests
If you can’t find a fully accessible home that accommodates the needs of you and your business, you could modify the property later on. MoneyGeek offers some tips on modifying a home for accessibility purposes and paying for the renovations with loans and grants.
Accessible Home Office Essentials
After buying a home that accommodates you and your business, you’ll need to create an accessible office space. Wheel Chic Home shares some tips on choosing an accessible space for an office and furnishing it with an adjustable desk and chair, shelves, and multiple lighting sources. Some other accessible office essentials may include:
If buying a new house isn’t the right choice for you and your business, you could modify your existing home for accessibility purposes — or build an accessible office addition. But if you’re just now getting your business up and running, you’ll need to take a few things into consideration before deciding whether to renovate your existing home.
For starters, you’ll need to check local zoning ordinances to determine whether home-based businesses are permitted in your city or county of residence. And to qualify for the home office deduction at tax time, you’ll need to ensure that your new workspace meets the requirements of the Internal Revenue Service (IRS).
In addition, you’ll need to choose a business structure for your home-based business. A limited liability company (LLC) is one type of business entity to consider when forming a home-based business as this type of structure offers tax advantages, limited liability, a simple filing process, and greater flexibility in how the business is managed.
Moreover, there are a few ways to form a limited liability company, including online, by yourself, or with help from an attorney. However, attorney’s fees can be costly, and you’ll need to review local LLC rules and regulations if you plan on filing yourself. For many, filing online with a business formation service can be the simplest, quickest, and cheapest option.
In Conclusion
As a home-based business owner with accessibility needs, there are so many things to consider when buying a house to accommodate you and your business. But even if you can’t find an accessible home that has everything you want or need, try not to be discouraged. You can always make a few accessible home modifications in the future!
Are you looking to buy an accessible home that meets your personal and professional needs? Contact The Licata Group to begin your search for the perfect home! 540-388-2541
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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, one of our area expert advisors 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 properties, please visit our website licatagroup.com
In October, 24 homes sold in Lake of the Woods. 1 sold between $130-200,000; 4 sold between $200-249,000; 6 sold between $249,900-299,000; 9 sold between $300-399,000; 2 sold between $400-599,000; 1 sold between $500-699,000; 1 sold over $700,000+
27 Active Listings for Sale 51 Homes Under Contract 264 Homes Sold since January 1, 2020.
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 home owners. 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.
Enjoy the charm and simple pleasures of small-town living on Main Street in this classic home. A paved circular driveway reaches out as if to say, Come on in!? Step into the spacious foyer and you will be welcomed by recently refinished hardwood floors, fresh paint, and unique character from another place in time. Entertaining friends and family is a breeze, as the main floor easily flows from one room to the next. As you head upstairs, you will notice a tiny chandelier and southern bannister leading the way. In addition, to the 4 bedrooms and 2 full baths on the second floor, awaits the treasured walk-up attic for added storage or refinishing. A pub-style, waterproofed basement provides the perfect recreation room, along with an additional classic staircase and complimentary pool table. As you head out into the spacious backyard, you will be greeted by the brick patio, generations of perennial plants, a detached two car garage and outbuilding, providing ample storage. Timeless surprises abound in this joyful, spacious home. Move-in ready to welcome your friends and family! For more information on 416 E Main Street, Click Here!
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 home owners. 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.
Welcome to the country with this beautiful home on 3+ private acres. You are welcomed by a cherry tree lined driveway, and amazing front porch to sit and enjoy the sunrise! Once inside you will love the gleaming hardwood floors and spacious light filled living room. The kitchen is perfect with plenty of counter space for cooking and baking, and you will love the upgraded stainless steel appliances. The owner’s suite is spacious with an en-suite bath featuring a double vanity and a huge walk in closet. The light filled, unfinished, walk out basement is roughed in for a future bath and is ready for you to finish for additional living space. Relax on your deck and enjoy the sunset, your favorite beverage, and let nature serenade you. Pick raspberries, blueberries, and blackberries without even leaving your yard. If nature is what you crave and space is what you desire this is the one! For more information on 26257 Stonesiffer Lane, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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, one of our area expert advisors 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 properties, please visit our website licatagroup.com
“Accessible” and “dream home” aren’t two words that typically go together, but as home builders embrace universal design, it’s becoming easier to find homes that are both accessible and beautiful. If you’re a home buyer with a disability or are simply looking for a “forever home” that you can live in through every stage of life, read this guide to learn how you can buy an accessible home.
Buying an Accessible Home
There are lots of reasons why you might want an accessible home. Accessible homes enable independence for seniors and people with disabilities. Many accessible features also make daily life easier for people from all walks of life, whether it’s a parent pushing a stroller or carrying arm loads of groceries into the house.
Even if you don’t need an accessible home today, it’s smart to consider accessibility in your home purchase. Needs change over time, and buying for accessibility today ensures you can live in your home for years to come.
Along with accessibility needs, you’ll also need to consider your budget (Lake of the Woods home sales average $285,000) and which type of mortgage fits your finances best. If you have a spotty credit history, an FHA loan may be your best option. For example, PennyMac FHA loans have broader credit requirements, and you may be able to pay as little as 3.5 percent down.
Accessible Homes: The Basics
A lot goes into making a home fully accessible. However, the average homeowner doesn’t need every accessibility feature available. If you’re in search of a forever home or shopping for an age-friendly home for your senior years, pay attention to major details like these:
Single-story living.
Step-free entrances.
Flush thresholds.
Wide doorways and hallways.
Ample lighting.
Raised power outlets.
Blocking for grab bars.
Thankfully, these home features are popular in new construction, making it relatively easy for buyers to find a house that offers basic accessibility. However, while these are the building blocks of accessible housing, they may not be all you need to enjoy full independence at home.
3 Ways to Increase Home Accessibility
Even when buying new construction, you may need to make changes to achieve full accessibility at home. Since remodeling can be costly, it’s important to factor these costs into your home-buying budget. You may even be able to roll remodeling expenses into your mortgage!
Replacing Carpet
One popular change for wheelchair and mobility device users is replacing carpet with wood floors. Mobility devices can’t move easily on plush carpet, and seniors are more prone to fall with high-pile carpeting underfoot. While there are a variety of alternatives to carpet, wood flooring offers the best return on investment because it’s both durable and in high demand by home buyers. Homeowners can save money by choosing inexpensive woods, removing old flooring themselves, and scheduling installation while the home is empty.
Adapting Counters and Cabinets
Most homes come with standard-height countertops and cabinets, but these can be inaccessible for wheelchair users and people with other disabilities. However, with counters and cabinetry accounting for as much as 60 percent of kitchen remodeling costs — which run nearly $30,000 on average — creating an accessible kitchen is costly. If you can’t afford to completely replace counters and cabinets or are worried about impacting your home’s resale value, talk to your contractor about working with what you have. For example, you may be able to add storage solutions that maximize lower cabinets or install a two-tier kitchen island to match your existing space.
Designing an Accessible Bathroom
Due to the high cost of bathroom remodeling, it’s best to buy a home that already suits your accessibility needs. But if you can’t find the right home in your budget, you may have no choice but to invest in bathroom updates. While minor changes like installing an accessible shower head and grab bars are affordable, replacing a bathtub with a walk-in tub or barrier-free shower costs as much as $5,000 or $15,000, respectively. However, for people who need them, the independence an accessible bathroom provides is priceless.
Finding a home that checks every box is difficult in the best of circumstances. When you have a disability or need an age-friendly home, finding the right home can seem impossible. But the truth is that there are lots of homes out there just waiting to be turned into your accessible dream home. Rather than giving up on your house hunt, reach out to an experienced agent who knows how to find the right home for you.
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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, one of our area expert advisors 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 properties, please visit our website licatagroup.com
In May, 19 homes sold in Lake of the Woods. 1 sold between $130-200,000; 7 sold between $200-249,000; 7 sold between $250-299,000; 4 sold between $300-400,000;
44 Active Listings for Sale 61 Homes Under Contract 93 Homes Sold since January 1, 2020.
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 home owners. 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.
Step back into time with this beautiful circa 1820 bicentennial farmhouse with so much charm and character of yesteryear! What an incredible opportunity to own a piece of history. Built before the civil war – this home is perfectly situated on 127 acres of rolling meadows and pastures. Once you walk inside you are welcomed by hardwood pine floors, an inviting foyer with a fabulous stairway that you will love. The main level boasts formal living areas, kitchen with a two side floor to ceiling stone fireplace that is shared with the family room.
Enjoy sipping coffee in the sunroom which completes the main level. The upper level has an incredible master suite with a fireplace and large master bathroom. The other two bedrooms complete the upper level. Entertaining family and friends will be a breeze – while you can swim in the salt water in ground pool, bonfires or just relax. Maybe hunting, riding ATVs or having the farm full of livestock you always wanted. If you have ever wanted to run a professional kennel with the perfect office/studio, full bath, washing station and more. This could also be converted to several different uses. Endless opportunities, a piece of history and a beautiful home are a few of the reasons you can’t pass this home by! For more information on 16253 Marquis Road, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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, one of our area expert advisors 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 properties, please visit our website licatagroup.com
Welcome to the charm, serenity and peaceful setting of this beautiful home of yesteryear! Enjoy spending time on the porch swing as you listen to nature serenade you. Once inside you will love the gleaming hardwood floors, formal living areas, an amazing vintage kitchen featuring a picture window and pantry for extra storage. The main level master bedroom has a walk-in cedar closet. The upper level has 2 bedrooms and a multi-use room that could be used as an office or game room. That is not all~. there is an unfinished basement that could be finished for additional rooms and storage. All this on over an acre! For more information on 19396 Louisa Road, Click Here!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Culpeper, Northern Virginia or even Maryland or DC, we are your Real Estate team committed to finding the perfect home for you! 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, one of our area expert advisors 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 properties, please visit our website licatagroup.com
In April, 20 homes sold in Lake of the Woods. 2 sold between $130-200,000; 7 sold between $200-249,000; 5 sold between $250-299,000; 6 sold between $300-400,000;
66 Active Listings for Sale 48 Homes Under Contract 33 Homes Sold since January 1, 2020.
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 home owners. 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.
The continued inventory shortage experienced by most regions of the country was evident in Lake of the Woods again in 2019. Listings increased only 6.4%, from 373 in 2018 to 397 in 2019, while closed sales were up 28.6%. New construction accounted for 30 of the 301 sales. The median sold price increased a healthy 8% year over year from $249,900 to $270,000.
Of the 301 total sales reported in 2019, only 5, or 1 1/2%, were either short sales or foreclosures. At the height of the distressed real estate market in 2010, a whopping 43% of all sales were either short sales or foreclosures.
So let’s look at our steady growth over the past five years:
In 2015, there were 247 sales, with 15% being distressed.
Those total sales represented almost a 30% gain over 2014, and the median sales
price was $210,000.
In 2016, the market was quite flat compared to 2015 in
regards to total sales, which held at 243 with a decrease in distressed sales
to 11.1. However, 2016 saw the median price jump to $225,000, a healthy 7.1%
increase.
In 2017, there were 294 total sales, a whopping 21.1%
increase over 2016 with only 5.8% being distressed. The median sales price
climbed to $239,000.
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,
has steadily declined from 127 in 2015 to 57 in 2019.
It’s also telling to note that a significant number of lots
have sold in the past five years. From
January 1, 2015-Decemeber 31, 2019, 184 lots exchanged, with 41 occurring in
2019, down from 55 in 2018. There simply aren’t that many lots left in LOW.
New construction has been climbing, as well. 2015 realized
41 new construction starts; in 2016, there were 28; in 2017, there were 30; in
2018, there were 34; and in 2019, there were 48.
In 2020, according to Freddie Mac and the Mortgage Bankers
Association, mortgage rates are expected to stay within the 3.7-3.9% range.
The prognosis for 2020, as it was in 2019, is excellent! In LOW, there are 57 homes active on the market as of 1/14/2020. In January of 2018, there were 62. Low, stable rates and hopefully more inventory should propel us to experience healthy sales and appreciation.
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 home owners. 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.
