Tag Archives: real estate virginia

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

Home Sellers: When Should You Reduce Your Listing Price?

Key Takeaways

  • Even in a seller’s market, you may still need to reduce your price
  • Consider if you’ve tried everything else before a price reduction
  • Make sure to seek the advice of your trusted realtor–we’ve seen it all before!

Even in a competitive seller’s market like the one we’re in right now, listing your home for the right price is key. Don’t count on a bidding war happening to get the price you want! Let’s take a look at what you should do before listing your home, indicators that your home is priced too high, and the strategies you can use to make the price right. 

How Do I Figure Out the Right Price?

Image of a family selling a home.

When home prices are rising quickly, low appraisals can affect your listing price. With year-over-year home prices up 17% on average nationwide in 2021—with some markets seeing as much as 35% increases—the appraisal you receive may not reflect other recent asking prices in your area. 

Your experienced real estate agent will use data from the local MLS and consider other homes in your neighborhood and what they sold for recently. They’ll also consider tax data, your property’s previous sale price, and even micro market trends. Working with an agent in such a fluid, dynamic market is essential to getting the price right. 

Since your largest pool of buyers often finds your home within the first 21 days of listing, try to list your home at the right price from the start. If you’re not seeing the offers you thought you would, make an adjustment quickly before the initial interest fades away. 

If the first week of listing your home isn’t resulting in offers, especially in a market this hot, that’s a red flag your home is overpriced. However, if you’re getting offers, and they just aren’t meeting your listing price, it’s a good sign you’re in line with the market and may need a small decrease. 

How Do I Know When to Lower the Price?

Image of a couple working with a real estate agent.

It’s exciting to list your home in such a historic market, but moving too fast and forgetting the basics can hurt your chances of success. Work with your real estate agent to market your home. This includes cleaning and decluttering your home, staging rooms, taking attractive photos, and communicating the value of the property in the listing. 

Rely on the most recent data to find the sweet spot for price. You’ll want to consider homes recently sold within a mile or two of your home, especially ones with the same number of bedrooms and bathrooms and square footage within 20% of your home that closed within the last 90 days.

If all of that is said and done and you’re not receiving any offers, you may need to lower the price. Even in a seller’s market, selling over asking or enjoying a bidding war for a higher price is not guaranteed. Make sure you know the lowest price you’re willing to accept before you list your home, so making a change won’t feel like taking a loss. 

When it comes to finding the new price, there are a few things to consider. While the general advice is to lower anywhere from 0.5% to upwards of 3%, you also want to pay attention to your price bracket and what buyers are searching for. If lowering your price brings you down from $410,000 to $398,000, that will open up your home to a new pool of buyers searching for homes under $400,000. 

Price Your Home Right from the Start

Real estate is a continual learning process, and it takes effort to figure out the right price. That’s why you should work with our experienced, trusted team to get started out right! Contact us today to find the true value of your home based on the most recent, up-to-date, micro-economic data available. Our team is here to help you sell your home for top dollar. 

Relocating for Work? Here’s What You Need to Know

We all hope for a career that will take us places. Sometimes that could be Orange County, Virginia. Exciting as that is, packing up your life and moving your family can also be stressful — after all, there are a lot of things you’ll need to organize and plan for.  

A relocation package from your employers can help, but the rest is up to you. A checklist can be an invaluable tool to keep you on top of things. The Licata Group presents some key tasks you’ll need to remember to make your career relocation easy, beginning up to two months before your moving date. 

Visit Your New Hometown

While it’s good to know what to expect, a visit to your new location and office can also offer insight on what to prepare for. It also offers a great opportunity to connect with your new colleagues, who can probably offer invaluable advice for your move. If you have children, you may also be looking to scout out new schools before your move. A visit beforehand can give you an idea of which area you want to search for accommodation. 

Plan Your Finances

With a new salary, you might not expect to find a change in their cost of living, so it’s always good to be prepared before relocating. Websites such as Payscale can help you compare the costs of supermarket goods, restaurants, gas, and medical bills. 

Message boards and Facebook groups are also a great place to get unbiased and up-to-date information from fellow residents (and to make friends with your potential neighbors). 

If you need to sign up for a new banking service, make sure you have an easy way to access and transfer your current funds.  

Secure Your New Home

Whether you’re relocating for a set period of time or for the unforeseeable future, it is advisable to consider renting a house before purchasing one so that you have the chance to familiarize yourself with the environment and other housing options. 

Schedule the Move

If you need to buy airplane tickets for you and your family, buying tickets ahead of time is still the cheapest option for tickets. Depending on how many belongings you’ll be taking, you may also need to book a reputable moving company available on your moving date. Compare moving companies to see which fits within your budget and provides the most suitable insurance coverage options to protect your belongings. 

Save all your travel and moving receipts in one handy location, such as a Google Drive, particularly if you will be claiming reimbursement from your employer.

Personalize Your Checklist

Use this information to compile your own checklist that includes important dates and information. Don’t be afraid to ask for advice and use services that can help you find the home of your dreams in Lake of the Woods. After all, it’s not your career that takes you places — it’s all you. 

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.

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.

Top 3 First-Time Home Seller Questions & Answers

Key Takeaways

  • First-time home-sellers need an accurate value before listing.
  • Sellers need to make smart choices on repairs and staging.
  • Offers are evaluated on multiple factors, not just price.

The three most common questions first-time sellers ask our real estate team.

It’s common to be overwhelmed by the number of questions you inevitably run into when you’re selling your home. Does the doorbell work? Are the exterior colors suitable for today’s market? Am I getting what my home is worth? From marketing the house to negotiating a fair market price and making repairs, here are some of the most common questions sellers ask us and some helpful strategies you can utilize when selling your home.

Question 1: How do I know what my home is worth?

Image of a wooden home and a stack of cash representing home value.

Ultimately, a home is worth what someone will pay for it. However, there are three values attributed to any home currently on the market:

  • What the seller thinks it’s worth.
  • What the buyer assumes it’s worth.
  • What a professional appraiser will think it’s worth.

One of the most critical aspects of selling your home is quickly getting those three numbers to align. Most real estate agents freely perform a comparative market analysis of home values to establish a property’s value to determine a selling price. They look at factors such as square footage, construction quality, condition of the home and neighborhood, design, and floor plan, plus all of the neighborhood’s features, like transportation availability, nearby shopping, and area schools.

Question 2: How do I get my home ready to sell?

Image of a couple painting the walls in their home.

Nearly all home purchase contracts include an inspection clause. This term is a buyer contingency that allows buyers to back out of the deal if numerous defects present themselves or negotiate their repair.

The trick to getting your home ready for the market is not to overspend on pre-sale improvements, especially if few houses are on the market with many buyers willing to pay almost any price. On the other hand, making such investments is the only way to stage and sell your house, even in a market that favors sellers.

Here are some quick highlights of expected home improvements and staging tips that every homeowner should have on their checklist going into negotiations:

  • Make sure that your roof is up-to-date; this will get you the highest return on your investment.
  • Fix any maintenance issues, such as leaks, plumbing problems, drafts, rusty areas, squeaky floorboards, mold, or mildew well before buyers can find them.
  • Applying a fresh coat of paint will make rooms look brand-new!
  • Polishing lighting fixtures and upgrading light bulbs is an inexpensive way to make a home look newer and brighter.
  • Less clutter helps a home look larger inside, so remove extra objects or furniture to give your home a more spacious feel.

Question 3: How do I pick the right offer on my home?

Image of a woman considering her home selling options with an agent.

While seeing a bid over-asking price will make your heart race, it’s best to take a deep breath and consider the whole picture. Buyers include contingencies, like inspection, financing, and appraisal, in their offers. The fewer contingencies, the better it is for the seller.

You can consider an all-cash offer to eliminate the risk of contingencies. Anywhere from a quarter to a third of home sales now are cash offers, depending on the market, so this is more common than you may think!

What’s your next step after your home sells? The closing timeline can influence choosing your best offer—perhaps you’re in a hurry to move into your new place, or you need some extra time to finish packing. There’s always a lot to consider, and each seller’s needs are different.

The ultimate question: what are my net proceeds?

Because the real estate market is continually changing, and market fluctuations affect property values, your list price, sale price, and closing costs must be based on the most recent comparable sales in your neighborhood. To find out the current value of your home, contact our team today! Selling your home is a team effort that yields more success with the help of the most qualified and skilled realtors.

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.