63 Active Homes for Sale 56 Homes Under Contract 163 Homes Sold since January 1, 2019.
(Data as of July 29, 2019)
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 homeworth?” 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.
Money investment is always a serious endeavor. It takes
doing some serious calculations, thinking and analysis to be able to make the
right and final decision. Bringing the whole process to the end successfully is
highly rewarding. A smart investment, by all means, is the one that brings a return
on the investment – be it a genuine joy or certain financial gain. Bearing in
mind all these facts, is buying real estate in Virginia a good investment? We
can provide you with vital facts on the subject. Then, take your time to deal
with the dilemma and finally decide.
Things to know before considering buying real estate in Virginia as an
investment
It is a well-known fact that Virginia is the promised land
for nature and history lovers. Living among those mostly highly-educated and
friendly people is a real pleasure. Should you want to rest and relax, the
opportunities are ample to have a day trip or an excursion with your family. You
will not miss job opportunities either. If you already live in this state, you
might want to consider your options in other counties or cities as well.
So, before you start seeking professional assistance for your
local relocation in Virginia or even organizing a long-distance move after
purchasing real estate there, here are the facts of key importance to pay
attention to.
High standard and the matching cost of living
Whether we like or not, finances are among the most
important factors when choosing where to live. If you are considering
purchasing real estate in Virginia, it is essential to know that the cost of
living is relatively high. Understandably, the costs vary depending on the
area, but it is impossible not to admit that cities in some counties are very
expensive to live in. On the other hand, considering the number of perks
Virginia offers to its residents, one would say that moving there is worth
considering nevertheless.
To rent or to buy?
To buy we say. The prices of rent are considerably high.
Regardless of the type of residence and the area, rent in Virginia is well
above the national average. Thus, we would agree that buying real estate in
Virginia is an intelligent choice. Depending on the city you choose, you can
expect to pay anything between $220,000 and $850,000 for a decent home. This
wide range proves that you can find a favorable option for any budget. Even if
you have to downsize a bit in the beginning, this is not a reason to worry
since you can find
affordable storage units easily.
The population is on the increase
Yes, and it is getting very diverse. Multiculturalism in the
state makes people tolerant of differences and a nice place to live. You will
get used to your new home location in no time, and maybe consider buying
a vacation home in Virginia as well.
Traffic may spoil the fun
We have to admit that traffic in Virginia can be really
heavy. Hence, considerably lower gas prices when compared to the national
average do not matter much. Commute time is 28.2 minutes on the average, which
is slightly longer. If you opt for using public transportation, you can get a
pass for the unlimited number of rides in 30 days. It costs around $60.
However, minors, seniors and the disabled pay only $35.
A word or two on taxes
Income tax in Virginia is within the range of 2% to 5.75%,
unlike the property taxes which are below the average national value. They range
between 0.42% and 1.37%. If you are preparing for retirement, you will like to
hear that Virginia is a retirement tax-friendly country. Finally, the sales tax
is between 5.3% and 7%, depending on the county.
Healthcare
As is the case with the above-mentioned parameters, the
median healthcare price also varies greatly throughout Virginia. It can be up
to 2% lower than the national average, or be as much as 14% higher. Generally,
the bigger the city the higher the prices.
Timing matters
When considering buying real estate in Virginia as an
investment, timing is an important factor. It affects both the price and the
number of properties on the market. So, if you want to make a good investment,
remember this. If you want to have an immense number of options, spring is the
best time. This period is characterized by increased supply and a lot of
choices. On the other hand, if you have a limited budget, consider conducting
the purchase in summer. The prices tend to be lower and more affordable due to
summer holidays and less serious demand. Anything later than this goes with
certain hazard. You risk not finding the real estate of the quality you need
and want.
Where to buy real estate in Virginia?
Once you decide purchasing real estate in Virginia is what
you really want, choosing where to invest is the next dilemma. Most often,
buyers choose Arlington, Richmond, Virginia Beach, Falls Church, Norfolk, Williamsburg,
and Chantilly. Make a list of your needs, wants, and priorities and choose
accordingly. In case you realize you have made a mistake, study the tips
for marketing your home to millennials or target any other group, and sell
the property. Hence, you will have a chance to find something more appropriate
and invest again. We must admit the whole process is challenging indeed, but it
is not unachievable.
Buying real estate in Virginia – how to do it right?
Buying real estate in Virginia requires professional assistance. Having a real estate agent by your side in the process will save you a lot of trouble. Moreover, it will significantly reduce the risk of making a costly mistake of buying a property of low quality or even dealing with fraudulent sellers. An experienced and knowledgeable agent can help you with getting a mortgage, obtaining the necessary insurance and going through the settlement process smoothly. Then, after signing the contract of sale, you can get down the most important things to do after buying a home. At the end of the day, it turns out that buying real estate in Virginia is a good investment indeed.
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 homeworth?” 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.
Location! Location! Location! Cute as a button and located on a quiet, dead end street with a huge fenced yard, charming front porch and large shade trees. You will immediately feel right at home! Just a short walk to all the popular shops and restaurants located in Culpeper ! What a gem!
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 homeworth?” 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.
Your search is over; this is the perfect place to call home! You could easily mistake this house for being brand new–so you can move right in without missing another beautiful day at the lake! Enjoy the fruit trees growing in your yard, days relaxing on your porch and so much more that the community has to offer.
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, waterskiing, 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 $100,000 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 homeworth?” 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.
Build your dream home on this wooded lot in beautiful Lake of the Woods. This lot is less than a block from a public beach, and a very short walk to the park, pool, and neighborhood clubhouse. Come see what the lake life is all about in this gated, amenity filled, lake community. Enjoy your summer golfing, boating, fishing, or dining at the golf course or clubhouse!
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 homeworth?” 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.
Thinking about investing in property, or how nice it would be to vacation at your own lake house instead of renting one? Recently, the economy has led to an increase in second-home purchases, nationwide. Especially in the state of Virginia. When buying a vacation home in Virginia, you’re making one of the few investments that offer both financial and personal rewards. The best thing when purchasing a vacation home is that you don’t have to be rich to pull it off. This investment allows you to diversify your income, plan for retirement, take a vacation without extra costs, and maybe even build wealth. You need to set your goals before buying a second home. Weigh out the pros and cons, and once you’re clear on why you want to buy it, you can focus your search and match it with your priorities.
Advantages of buying a vacation home in Virginia
No matter which part of society you belong to, whether you are a retiree who is seeking to escape city life or a lake lover who wants to live in Lake of the Woods, you have the option of buying a home. Whether you’re looking to buy a property as a vacation home for summers or winters or just looking for an investment property to rent out, there are homes that can meet a wide range of budgets.
Long-term profits
Today, people are
starting to value short term over long term profit, because earnings are more
significant when repeated many times over a short period. Luckily for you,
vacation properties have retained their value because they are located in areas
which are still popular. Because the mountains and shorelines are limited,
there is a finite number of houses which can be built. That holds the price
when it comes to vacation properties.
Real estate has always had its ups and downs, and will likely continue to have them in the future. Therefore, keep in mind that there is no guarantee that your second home will sell for a higher price in the future.
Vacation properties have retained their value, so renting it is
a good choice
Taxes
When buying a vacation
home in Virginia, think about tax deductions and how you want to use your
property. Will that be a home for rent, or will it only be for personal
enjoyment? Many people prefer not to rent their second home because if they did,
the interest on the mortgage and the property taxes would be fully deductible
from the gross income. This mortgage can be treated the same way you are
treating the mortgage on your primary residence.
Income
A great thing about
buying a vacation home in Virginia is that you can decide to rent it out. You
can always use it yourself. Whether you are renting it or just personally using
the property, you are going to have to invest in it. Furnishing a house requests
a certain amount of money, but renting afterward can help you return at least a
part of it. You have the option to move things from your family home to a
vacation home, this way you can redesign your home. Moving your household with professional help is your best option for a
stress-free move. Once you have furnished your vacation home, you can start
renting it out.
Rental fees differ from
season to season. Another important factor is the popularity of the resort
location. For most resorts, weekly rental fees are equal to or greater than the
monthly mortgage payment.
Convenience
Buying a vacation home
in Virginia can be really convenient. You have the option to keep the items
that you exclusively use there in your vacation home, which simplifies travel
and packing. If you and your family like to ski, you can store some of your
winter clothes and ski equipment in your vacation home. This allows you to
easily make spontaneous trips for a weekend of skiing without having to worry
about packing.
Retirement
The goal most retirees
strive for is to have a place of retreat for the times of the year they dislike
spending in the primary residence. Buying a vacation home in Virginia is a
great investment for those people. You would be one of the lucky ones if you buy a second home before retirement. You then
have the time to experience the benefits of a refuge. If it turns out that
wasn’t your dream, you also have time to correct the mistake and maybe sell it.
Gathering location
Memories are the one thing no one can take away from us, and places stir memories in people. Both big and small families enjoy annual gatherings. Building a tradition keeps families strong and in some way obligates them to see each other, even for one day. Buying a vacation home in Virginia will not only be an investment for your future, but also an investment for the beautiful memories you’ve created in the past. The annual gatherings keep families close, especially if people are all over the country.
You can’t put a price on the memories – especially a home that
has been a site of many happy gatherings.
Some people struggle
whether to buy a vacation home or not, even when the finances are acceptable.
Some of the questions they encounter are:
· Do
I want to vacation in the same place every year?
· Will
this make me happy?
· Can
I handle renting the property to a stranger?
· Will
I come as often as I hope?
· Will my kids and grandkids use this property once I am gone?
Some people struggle to decide whether to buy a vacation home or
not
Buying a vacation home in Virginia is a long-term commitment. You need to be prepared if your dreams don’t come true because you could be stuck with high costs and responsibilities for years. For many buyers, dreams do come true, and the payoff is well worth it. Sometimes, you have to risk money to make money.
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 homeworth?” 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.
If you have been looking for a spectacular house in a fabulous community, your search is over! This spacious 5 bedroom home with 3 levels is ideal for a large family or someone who likes having space to spread out. Sitting on a beautiful corner lot, with a large deck overlooking your nice green yard and lined with trees for privacy is just the beginning of the perks. Once inside, you are greeted by the foyer with 2 story ceilings and hardwood floors! Sought-after features are to be found throughout the home ranging from extra living spaces on all floors, an attractive master suite with a gorgeous tray ceiling, his and hers walk in closets, and jetted tub in the master bath!
https://youtu.be/dAgeUIne-ww
Feel like venturing out, Lake of the Woods will not disappoint! 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, waterskiing, 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 $100,000 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 homeworth?” 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.
You’ll be amazed by the expansive spaces in this immaculate, move-in ready home in amenity-rich Lake of the Woods. And wait until you see the shed that offers power for so many different uses! New flooring and pristine walls will allow you to immediately get started living the lake life!
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, waterskiing, 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 $100,000 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 homeworth?” 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.
Have you always dreamed of lake living? Dream no more, the perfect property is now available for you to make it your reality. This home sits on a quiet side street, with inviting curb appeal and sought after fine features, both inside and outside. Boasting an upgraded kitchen just off of the family room, this house is sure to be a perfect fit for family dinners and entertaining friends. Spend your evenings relaxing on the screened porch, the sun room or extensive patio while watching the birds.
Feel like venturing out for the day? You will be pleased with all the community has to offer. 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, waterskiing, 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 $100,000 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 homeworth?” 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.
Are you ready to escape the hustle and bustle for some peaceful, country living yet still be conveniently close to the things you need? Look no further, this home is the best of both worlds boasting 2 acres of tree lined tranquility. I’m confident you will be anxious to call this 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 homeworth?” 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.
