Virginia is a beautiful state with a unique history. It brings many people not only to visit but also to make this extraordinary place their home. In 2021 Virginia has seen a steady rise of people flocking to live there. The reasons to choose Virginia are many. Some people come because of family and lifestyle, and others because of jobs, retirement, and health. Whichever the reasons to come here are, here is what you can expect from this beautiful state. This article will discuss 7 reasons to move to Virginia this year.
People move to Virginia for various reasons
There is no doubt about it; Virginia is one of the most popular places people are coming to. According to studies, most people came to Virginia because of their family and the comfortable lifestyle. And those reasons are the deciding factor for above 50% of out-of-state arrivals. Other reasons are retirement, job seeking, and health care, respectively. When looking at these numbers, there can be no surprise that the populace coming consists of:
families
adults
job seekers
seniors
Property experts from LakeOfTheWoods state that the number of arrivals from 2021 will also be seen in the current year. There has been a steady increase after the COVID-19 crisis. Many people want to find getaways and start a new life here in Virginia.
The reason to move to Virginia is quality education
The State of Virginia has some of the best options for higher education. It is the home of more than 40 public universities, which is not a small number. Some of them, such as The University of Virginia, The College of William and Mary, and Virginia Tech, are the most sought-after universities. Ones with a good “pedigree” and chance of an excellent career. They are some of the oldest universities built from the end of the 17th century. If you are looking to offer your child the best education, the experts from Next Stop Movers suggest that coming to Virginia is the way to go. Many of their clients move to Virginia, particularly to pursue education opportunities.
Place for retirement
Looking for a place to retire to? Then look no further, as Virginia can be just the spot for you. Friendly, warm-welcoming, and tightly-knitted societies provide excellent opportunities to choose your ideal neighborhood. Virginia towns also enjoy one of the lowest crime rates in the US. Good housing options for aging in place add to the pros of living here. Probably the most compelling reason why seniors choose Virginia is tax friendliness. Any retiree can deduct up to $12,000 in pension and retirement income state taxes, which is a considerable amount. On top of that, the state does not tax Social Security benefits, making Virginia an ideal place for seniors and retirees.
A festival state
During the year, many festivals are held in Virginia. It is one of the more prominent reasons people are coming in draws. There is much happening that can appeal to even the most exquisite tastes. The Blues, Brews, and Barbecue festival is held in the first half of the year. It is located in Yorktown and begins every May. If you are going to Virginia Beach, don’t miss the Neptune Festival. In April, Winchester is hosting its pride, The Shenandoah Apple Blossom Festival. This enormous festival consists of more than 25 events, including music, dining, and carnivals. You can attend the Deep Roots’ Fall Festival in Orange County in the fall. Don’t miss out on the chance to attend these festivals when coming to Virginia.
Moving to Virginia interstate
Moving can be challenging and stressful, requiring a lot of time, patience, and money to succeed. When moving interstate, for example, from NC to VA, an NC-based team can help you with everything you need when moving to Virginia. This way, you will save your money and precious time, which you can dedicate to more pressing matters. On top of that, you will not have to carry anything by yourself. That can be handled by a punctual team of professionals who will do the heavy lifting for you.
Good healthcare
Virginia is renowned in the US for its excellent healthcare. The state is investing a lot of effort and money in its healthcare. So much so that Virginia is constantly rising on the list of the best public health providers every year. Excellent hospitals such as Inova Fairfax Hospital, Sentara Norfolk General, and other centers make it a perfect spot for every person with health issues, disabilities, or seniors.
A thriving economy is a reason to move to Virginia
If you are looking for good reasons to move to Virginia, this may help you decide. Virginia is home to a diverse economy. From the shipbuilding industry, farming, and seafood harvesting. You can also find many fine wineries and distilleries. The various business opportunities brought many intellectuals and investors. This led to a steady rise and boom in the economy of Virginia, and career options are also many. A perfect place for young entrepreneurs and families seeking quality jobs.
Move to Virginia because of the weather
Moderate levels of rainfall throughout the year, hot summers, and mild winters are what make Virginia so special. It has a humid subtropical climate and one that you can enjoy no matter the season. Depending on where you choose to settle in Virginia, you can see winter snow and enjoy hot summer days in the sun. Be prepared, though, because the weather is constantly changing, bringing many rainy days and nights.
Moving to Virginia brings a lot of benefits. Virginia has everything from the tax deduction if you are a senior, good healthcare, diverse culture, to a great education and weather. However, there are also annual festivals and friendly tightly-knitted societies in rural places, making it a perfect spot for early retirement. Diverse cuisine and steady rise in economy prove Virginia is also an ideal option for entrepreneurs and thriving families. The landscape and nature are also something that you can treasure if you like spending time outdoors. Come to Virginia and experience a modern lifestyle combined with American tradition.
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.
Buying a new home and moving for retirement is something that is pretty common in the United States. It also seems that it is something that almost everybody is doing nowadays. However, this process is something that will take some time and consideration. Buying a home, moving and starting over is exciting. However, it is also a task that you should take seriously. Think about your life now, and how it will change once you retire. What are the pros and cons of relocating? And starting fresh? Yes, starting fresh is possible even at the golden age. You’ve probably never had more money and time at your disposal. Now, you can finally enjoy life to the fullest. And you deserve it. Let us guide you through buying a home in Virginia after retirement process, and help you handle it the best way possible. You don’t only need it, you really do deserve it.
Reasons for buying a new home after retirement
We all have different reasons, however, we all have the main
goal in common – we want to make our lives better, every aspect of it. And that
is the main reason behind every home buying process. In Virginia, Japan or
anywhere else in the world. We just want what’s best for ourselves and our
loved ones. Retiring and enjoying your mature age comes with many benefits, and
one of them – you will have much more time on your hands. Time to take charge
of your life. And that sometimes means changing your surroundings and starting
over.
Your family home might have served you for many years, but
it’s probably not the right fit for you anymore. It might feel like an empty
nest, or it might be too big now when the kids have moved out. Maybe you want
to be closer to your grandchildren. We all have our reasons, however, investing
in real estate comes with a great deal of work that needs to be done. Our
number one advice for you would be to really think through your reasons. Make
sure that they are good and reasonable ones.
Gathering the money
Yes, we need to mention and talk about this aspect when
having a conversation about buying a home in Virginia after retirement. Your
budget. It is real estate, and such investments don’t come cheap. That is why
you need to really consider your budget, as well as your wants and needs. What
are you looking for? And can you afford it? These two things can also be very
different, so make sure you know your budget as well as your limits.
Calculate your budget. Look into your savings. Talk to your
loaning manager and ask for some advice. Try to get all the information and
advice that you can use to your advantage along the way. And also – don’t
depend, but rely on professional assistance. Having someone who knows the real
estate business to its core on your team is of crucial importance. Why? You
will want to get the most value for your money’s worth. We all do.
Yes, you will want to hire a professional
As we have mentioned before, having a seasoned professional
when buying a home in Virginia after retirement is your best option. It will
save you some precious time, energy and even money. Hiring realtors or real
estate agents sounds more expensive than it is. And their service, on the other
hand, is much needed. Even though you might be buying your 10th
house this time around, if you are not a real estate professional yourself, you
will need some help for sure.
This market changes, without us even noticing. And in order
to get as much value for your money, you will definitely need some advice and
someone who can lead this whole process. Especially if you are coming from
another state. Relocating from one place to another is stressful enough as it
is, and moving interstate, well – let’s just say, there will be many things to consider when moving to another state.
Let professionals assist you. It is the best thing you can do.
Decide what you’ll do with your current house
You will have to make this call, sooner or later. And even
though leaving our old lives behind sounds fun and exciting, leaving all these
memories behind as well can be harder than you might have originally expected.
That is why you need to think about this move. And we mean – really think. Will
you leave your old house to your kids? Or are you going to sell it?
Whatever you choose to do, make sure you do it fast. Letting
time pass by won’t help you, and especially if you tend to get nostalgic. Allow
yourself to enjoy your new beginning, and say goodbye to your old life. Leaving
your old family house behind doesn’t mean you’ll leave all the people you love
(or the memories you share with them) behind. It is just a property. And the
sooner you start thinking this way, the sooner this process will become enjoyable.
And you really want things to go smoothly, trust us on this one.
Set up your criteria
Your new home in Virginia needs to be perfect. It needs to
meet your expectations and everything you have dreamt of all these years. Make
a list of things that are a must and a list of things that are a no-no. You
will have to make a compromise here and there, but there are still some things
that are and should stay deal breakers. You deserve the best. And now, you can
finally be picky.
Enjoy the process
Your real estate agent will lead the way, and all you have to do is to follow his or her lead. Of course, it is your house and you make all the calls, however, your real estate agent (or realtor) is there to do all the hard work. Buying a home in Virginia after retirement is something that you have waited for for so long. Make sure you enjoy it!
Whether you’re looking for homes for sale in Fredericksburg, Stafford, Orange, Locust Grove, Norther 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
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.
