Welcome to 20233 Mountain Track Rd! If privacy is what you crave then this beautiful home is the one! Perfectly situated on two acres where you can watch the deer graze and the birds sing. Once inside you will love all the new flooring and spacious light-filled living room with a fireplace to keep you warm on those cold nights. The kitchen is perfect with plenty of counter space for cooking and baking, and you will love the breakfast bar and dining area. The owner’s suite is spacious with multiple closets, an en-suite bath boasting double vanities, a soaking tub to melt the day away, and a separate shower. Enjoy sitting on your deck taking in all the sounds of nature and grateful for all the privacy. Plus the detached oversized 1 car garage and two-car carport are a bonus making this home in the country the one! For more information on 20233 Mountain Track 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
There are so many incredible aspects to working in the modern era, and one of them is the simplicity of setting up a home-based business. Running your own business has numerous advantages, but it can also require some changes, such as relocating to a bigger home. If you are set on starting a business but your place isn’t suitable for both living and working, expert real estate agency The Licata Group offers a few things to keep in mind.
Moving to Accommodate Your Business
Starting your business and moving at the same time is no joke; however, it is doable. It will take energy, time, and money, but what will help you the most is significant planning ahead of time and a checklist to keep you on track.
What Goes Into Home Buying
Before planning to buy a new home, it’s crucial to check your credit score to see what you can and cannot afford. The next step is working with a professional from The Licata Group who can help you with the process to figure out what type of house will fit your needs.
The home-hunting process can be daunting, especially when you’re also starting a business, but it is essential to keep a few things in mind, such as finding out which location will be ideal for your new clients. You should also make a list of aspects you want in your house, such as a workspace or a garage, to allow your business to function at its maximum – both for now and in the future – and enable you to live comfortably while running a startup.
Once you’ve found the right home, make an offer and schedule the inspection to ensure the house doesn’t have any underlying issues. What you need to do next is secure your financing, get a homeowners’ insurance policy, close the sale, transfer your information to the new place, and move in.
Whether you decide to use a moving company or handle everything yourself, set up a budget for this process to keep yourself on track financially. If you’ve decided on a DIY move, make a point to stay organized by packing room by room, labeling your inventory, and finding cheap packing supplies. Sorting your stuff first when relocating will help you tremendously and allow you to get working sooner than later.
Starting a Successful Business in a Bigger House
Today, more people are starting businesses, and they are doing it from the comfort of their homes. Still, not all states allow this, so make sure you research your state’s regulations to avoid mistakes and make your business legal.
To lead your small business to success, look for gaps in the market – this means you need to find a need that’s not met in the industry and fill it by delivering more than expected. You must then choose a business structure and put together a business plan. Your business should also have an online presence, so look for cost-effective marketing tactics, such as using social media and email to make you and your services known.
To start most businesses – depending on the service or product you plan to offer – you don’t necessarily need a degree; however, having a master’s certification can gain you some leverage, such as higher pay, a broader network, and increased credibility. If you find that you need to boost your business acumen, consider enrolling in an online degree program that doesn’t cramp your ability to run your business at the same time.
Starting a home-based business is attractive for many because it offers a work-life balance. While moving to a bigger home to accommodate a new business may seem lofty for some, it is the best decision you can make if you consider the costs, future profits and choose the right property.
When you’re ready to find the perfect home, connect with a professional from The Licata Group to find the perfect Home. Call today to begin your house hunting journey! 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
Welcome to pristine 21468 Glebe View Drive, an elegant and stately home in sought after Broadlands, where pride of ownership throughout is most evident! You will be delighted when you arrive by the curb appeal and lush yard…and that’s just the beginning of how fabulous this home really is. As you enter, you immediately notice the two story foyer with sweeping staircase and gleaming hardwood floors. Perfectly situated off the foyer is a formal living room with ample windows, creating a bright and airy feel that flows so effortlessly into the formal dining room, separated by stunning architecture. The gourmet kitchen shines with upgraded stainless steel appliances, granite counters, a large island, and eat in area.
You will be wowed by the gracious family room with floor to ceiling stone fireplace. The study/office completes the main level with french doors, and plenty of light. The owner’s suite is one of grandeur with it’s generous size, walk in closet and tray ceiling. Luxurious best describes the owner’s bath with soaking tub, vanities, and you will feel like you are at a spa. The upper level boasts three additional bedrooms and another full bath. Entering the lower level, you will be impressed by the recessed lighting and abundance of windows that create the main level feel. The incredible bar with no expense spared, family room and game area will make entertaining a breeze. Your spectacular expansive deck open to a beautiful tree lined yard. These will be favorite spots for entertaining or relaxing! Again…welcome home! For more information on 21468 Glebe View Drive, 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
The continued inventory shortage experienced by most regions of the country was clearly evident in Lake of the Woods again in 2020. Listings decreased by 11.6%, from 397 in 2019 to 351 in 2020, while closed sales were up 4% from 301 to 313. New construction accounted for 34 of the 313 sales. The median sold price increased a healthy 7.87% year over year from $270000 to $291,250 in 2020.
Of the 313 total sales reported in 2020, only 8, or 2 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.
Now let’s look at our steady growth over the past five years:
In 2017, there were 291 total sales, a whopping 21.7% increase over 2016 at 239. The median sales price climbed to $239,000.
In 2018, 234 homes sold, which was an 8% decrease from 2017. The median sales price rose to $249,900. In 2019, we realized a 28.63% gain in homes over 2018, with a total of 301 selling.
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 117 in 2016 to 37 in 2020.
It’s also telling to note that a significant number of lots have sold in the past five years. From January 1, 2016-Decemeber 31, 2020, a total of 196 lots sold: 24 in 2016; 37 in 2017; 45 in 2018, 41 in 2019; and 49 in 2020. There simply are very few lots left in LOW.
New construction has been climbing, as well. 2016 realized 28 new construction starts; in 2017, there were 30; in 2018, there were 34; in 2019, there were 48; and there were a whopping 66 new starts in 2020.
Another notable statistic is the dramatic rise in average sold price to original list price ratio. It has steadily risen from 93.9% in 2016 to 99.2% in 2020.
According to Freddie Mac and the Mortgage Bankers Association, mortgage rates were expected to stay within the 3.7-3.9% range in 2020. Interestingly, rates were surely seen well below those numbers. As of today, it’s possible to obtain a 15-year fixed rate below 2%, with the 30-year rate below 3%. Financial experts are expecting another year of low interest rates.
The prognosis for 2021, as it was in 2020, is excellent! In LOW, there are 9 homes active on the market as of 1/14/2021. In January of 2019, there were 57. Low, stable rates and hopefully more inventory should propel us to experience another year of healthy sales and appreciation.
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 December, 25 homes sold in Lake of the Woods. 1 sold between $130-199,000; 4 sold between $200-249,000; 8 sold between $249,900-299,000; 8 sold between $300-399,000; 3 sold between $400-599,000; 1 home sold over $1,000,000!
13 Active Listings for Sale 42 Homes Under Contract 315 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.
You will love what this spacious home has to offer! Located in amenity-rich Lake of the Woods, this house is perfectly situated on a large corner lot. The interior delights with a spacious, light filled living room, large eat-in kitchen with an island, plenty of counter space and a formal dining room. The upper level is where you will find the owner’s suite with en-suite bath and large closet, along with two additional bedrooms and a full bath. Home has been freshly painted and new carpet installed in the living room and bedrooms. If that isn’t enough, the lower level features a family room with a brick fireplace, wet bar, built in shelving, another full bath, and separate laundry area! The oversized garage is perfect for the car enthusiast or woodworking, gardening or even for a craft area. Enjoy sitting on the huge deck listening to the sounds of nature. For more information on 101 Silver Spring Drive, 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.
Imagine the memories you’ll make with family and friends as your waterfront adventure begins! Spectacular sunrises, stunning views, deep water off of an expansive dock with bar that conveys, and a contemporary house with a true lake house feel make this one “the one!” You’ll love spending your days at the dock either relaxing or floating on a raft, jumping in the water or onto your watercraft of choice. Two screened areas and ample decking provide endless opportunities to enjoy the outdoors in addition to the fabulous dock area. When the water season is over, the detached 3 car garage will easily accommodate your boat or watercraft. Once inside, you will love the hardwood floors, floor to ceiling stone fireplace to keep you warm on cold nights, and the open feel of this home. The soaring ceilings and all the windows add to the lake house feel. For more information on 102 Surrey Lane, 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 205 Edgehill Drive… a fabulous lot within walking distance to a beach on which to build your perfect home in sought after Lake of the Woods! Mature trees and close to the front gate make this the one! So get your lake life started by building your perfect place at the lake on one of the few remaining lots! For more information on 205 Edgehill Drive, 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 200 Meadowview Lane! You’ll love the value that this great house, located near the front gate and golf course, provides! Warming up in front of the cozy living room wood burning fireplace in winter and relaxing on the expansive front porch in summer will become favorites! Once inside, you are greeted by newly refinished, gleaming hardwood floors in living room that continue into dining area and kitchen. The living room leads to the dining area and kitchen that boasts beautiful cabinetry and tiled backsplash. You will love the spacious family room/flex space full of light that is accessible from the side foyer as well as kitchen. The main level owner’s suite with en-suite bath, as well as two additional bedrooms and full bath, are sure to please. The lower level features a recreation room/flex space, laundry room, and oversized one car garage. For more information on 200 Meadowview Lane, 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.
The picturesque setting is the perfect backdrop for this spectacular, one of a kind custom built home on 7+ private acres with pond close to everything Fredericksburg/Spotsy has to offer. You are welcomed by a grand, inviting front porch that provides a glimpse of what’s to come inside while providing gorgeous views outside. Once you enter, you are wowed by the incredible soaring ceilings, gleaming hardwood floors, and overall grandeur of this fabulous home. As you enter the living room, the true center of the home, you will make memories with family and friends gathering, enjoying the soaring ceilings and warmth of the gas fireplace. The gourmet kitchen is also grand in size, offering all the fine finishes you can imagine: granite countertops, upgraded cabinets, grand island with wet sink, and stainless steel high end appliances. With ease, you will enjoy your morning coffee and paper on the screened porch, accessible from both kitchen and living room. The light-filled formal dining room flows graciously from the kitchen–perfect for those large holiday gatherings.
The laundry room, tucked away behind pocket doors, will be the envy of all. There’s plenty of room for washer, dryer, cabinets, sink and folding area. A sought after main level owner’s suite offers french doors to the deck overlooking the inground pool, and gorgeous pastoral, wooded views. The owner’s bath provides all the amenities you’d expect: elegant soaking tub, double granite vanity, private shower, and huge walk in closet. The stunning open stairway leads to the upper level, boasting a loft overlooking the living room and two spacious bedrooms, each with en-suite baths. The lower level will delight with an additional bedroom, full bath, office/flex space, exercise room and expansive family room with french doors that lead to the patio. Off of the patio, which features built in bar seating, lies the amazing inground pool. Wait… there’s more! Above the garage you’ll find an incredible in-law/teen suite (with inside main house access), which includes a full kitchen, center island, dining room, family room and bedroom with en-suite full bath. Wait…there’s even more! The possibilities are totally endless for the barn: run a business, house your car collection, use as a workshop, or as an office. While a picture paints a thousand words, you truly must see this special offering. For more information on 12605 Mill 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
