Tag Archives: virginia real estate

Thinking of Selling Your Home in the Next 18 Months? This is for You! Home Seller Seminar on 3/26/22!

If you are thinking of selling within the next 18 months, this is where you need to be on March 26th!
There will be local vendors in attendance to help you!  We have a trusted lender, professional photographer, and an estate sales professional, just to name a few. We want to provide you access to all the resources you will need to sell your home for the most money in the least amount of time.
You will have the opportunity to ask questions not only to the listing agent, but also the vendors that will be presenting. Selling your home doesn’t have to be a hassle and we want to make sure you have all the information you need so you know what to expect!
Please join: Licata Group on Saturday, March 26th, from 11am – 1:00pm at the Lake of the Woods Clubhouse in Locust Grove.
RSVP HERE by March 25th, or by calling 540-388-2541.

Reserve your spot today!!!
Light refreshments will be served.
See you there!

Lake of the Woods Virginia  Seller Seminar Flyer March 26th
Lake of the Woods Virginia Seller Seminar Flyer March 26th

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your professionals for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia, we are your proven Real Estate professionals. 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, the Licata Group 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.

How Will Inflation Affect the Housing Market?

Key Takeaways:

  • The historic low housing inventory creates value opportunities in competitive housing markets.
  • Anticipation of new home listings to hit a 10-year high as some owners see right now as the best time to sell.
  • Condo and rental demand are likely to surge as inventory supply chain issues impact the housing market.

This Year Will Bring Balance to the Housing Market

After two consecutive years in which words like “unprecedented,” “historic,” and “white-hot” have been buzzing about, we can now add “inflation” to the list.

What is inflation, and how will it affect the real estate market in 2022?

Real estate is not immune from the inflationary effects of declining purchasing power on an economy. When prices go up, so do the costs associated with real estate. In a nutshell, that’s how inflation works; like a rising tide lifts all boats, so does inflation with rising costs. However, there are always reasons to be genuinely confident in real estate’s proven ability to hedge against inflation and be profitable.

Here are three particulars and tips to help you navigate these inflationary waters and better prepare you to make your move when you decide it’s time to do so.

#1: Low Housing Inventory Drives Values

Dictionary showing the word inflation being highlighted.

With the market expected to remain undersupplied throughout the year and with this year already seeing historic low numbers in housing inventory, continued supply chain issues, and material costs resulting from inflationary pressure will undoubtedly influence the market. Many analysts are anticipating a modest 3% growth in home values, compared to the 24% return that last year saw.

Historically, it is well-documented that real estate remains profitable when inflation affects an economy. One reason is that landlords can always pass their cost increases off to their tenants. But the real lesson here is the age-old axiom that scarcity creates value. So instead of seeing the record-low number of housing inventory as something to steer clear of, it means that while there may be much competition in home buying, that’s because of the value of being a homeowner.

#2: New Listings to Hit 10-Year High

Image showing a couple signing real estate documents with money in front of them.

The end of double-digit price growth in home values will also encourage more homeowners to cash out finally, which will create more inventory in the market. But as the market settles down and becomes more balanced, homeowners will also be more inclined to list their homes to offset inflationary pressures elsewhere, though it will not be enough to meet the expected historical demand in 2022. This increase in listings of existing homes will also coincide with a slight increase in the listings of newly constructed homes, similarly expected to be the highest in a decade.

New home inventory should increase from 2021’s bottom, but we anticipate the market will remain undersupplied. In particular, the entry-level supply of new home construction will remain highly constrained.

#3: Condo and Rental Demand Will Take Off

Image showing a luxury condominium overlooking several swimming pools.

2022 will also see the end of mortgage forbearance, which along with inflationary pressures, will cause many homeowners to sell and rent instead. This surge in rental costs and demand will create opportunities for others looking to get into the housing market. As a result, expect rents to increase 7% by the end of 2022, more than double the predicted year-over-year growth in home prices of 3%, once again proving that homeownership is always a more reliable use and investment of your money.

As the pandemic subsides, more people will live in cities once again where renting is more common. Additionally, the strong labor market will cause many movers wanting to move into a new town the opportunity to get to know their new city before they commit to homeownership.

The Market Is Moving—Get Started Now

There’s always much to consider when buying a new home. Whether you’re a first-time home buyer or looking for your next, understanding the more significant economic trends is always important to maximize your efforts’ success. So contact us today and let us know how we can help support you in your journey.

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.

The LOWdown on Real Estate at the Lake 2021 by Pat Licata, REALTOR®

2021 proved to be a great year for Lake of the Woods real estate! Year-over-year, homes sales were up, median sold price was up, days on the market were down, and average sold to original list price ratio was above 100%!

A screenshot of a cell phone

Description automatically generated

A screenshot of a cell phone

Description automatically generated

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. 2020 showed a slight gain in sales at 313, yet the median sold price increased 7.87% to $291,250, up from $270,000 in 2019. And then came the 2021 market: a whopping 14.7% increase in the number of homes sold and a median sold price increase of 15.9 percent over 2020.

A screenshot of a cell phone

Description automatically generated

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 93 in 2017 to 16 in 2021.

It’s also telling to note that a significant number of lots have sold in the past five years.  From January 1, 2017 through December 31, 2021, a total of 196 lots sold: 24 in 2016; 37 in 2017; 45 in 2018, 41 in 2019; 49 in 2020; and only 24 in 20201. Coincidentally, 2016 and 2021 realized the identical number of lot sales (reported in the MLS). There simply are very few lots left in LOW.

A screenshot of a cell phone

Description automatically generated

Of the MLS sales reported in 2017-2021, new construction numbers have varied. 2017 saw 20 new construction homes sales; 2018 dipped to only 11; 2019 realized 31; 2020 sales jumped to 41, while 2021 ended at 37. 

Again, there aren’t many lots left in LOW, which, of course, will impact new construction sales in the future. 

Another notable statistic is the dramatic rise in average sold price to original list price ratio. It has steadily risen from 95.5% in 2017 to 100.9% in 2021.

According to Freddie Mac and the Mortgage Bankers Association, mortgage rates are expected to rise and end 2022 in the 3.75-4% range for a 30-year fixed. Today, it is possible to obtain a 15-year fixed rate just under 3%. 

The prognosis for 2022 is excellent! In LOW, there are 15 homes active on the market as of 1/26/2022. Low rates and hopefully more inventory should propel us to experience another year of healthy sales and appreciation, although appreciation is expected to slow from what we’ve experienced the past two years.

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.

Do the Holidays Affect Real Estate?

There are certain things the holidays are suitable for. They tend to bring out the best in us. It’s a time for family, sharing, all those warm moments that tend to be forgotten about under the sometimes grueling regime of everyday life. However, they might not be the best for some other things. For one, the holidays don’t seem to have a favorable stance towards your weight loss program. They also seem to adversely impact the contents of your wallet. What we want to know is how do the holidays affect real estate? Is it wise to place a delightful one-story ranch with a fully furnished basement under the Christmas tree, or is it best left for warmer days? For the TLDR readers out there, the answer is yes. For those who don’t know the acronym or want a little more insight, let’s take a closer look together!

Caroling or Shopping

There are plenty of Christmas holiday activities to try in Virginia, and buying or selling a house is one of them! If you delve a little deeper into human behavior, you understand why the holidays are an interesting time. On the one hand, many people will be partaking in the holidays themselves. So, instead of looking at open homes, they will be caroling. I use this as a simple example to express the differences that will emerge in the way people act. Most people will enjoy the time-off and use it to unwind. However, a smaller but rather dedicated contingent of well-motivated individuals will not cease with their prior activities. They will continue to look for that perfect home. Serious sellers will keep their properties listed and welcome all new offers. Why would they choose to do this? Because they know the score. Less competition means a jollier time for those involved. No bidding wars and smaller chances of losing the offer. Most statistics point to the fact that demand wanes right before and during the holidays. You have one guess as to when it spikes again. Using that little pocket of calm to your advantage seems prudent.

Ariel shot of tent lot at Virginia Key Beach Park
Look at it this way, whilst all these people are partying in temporary tents on Key Beach Part, you could be finding your permanent dream home

Serious Offers Only Please

How many times have we seen this written in any kind of advertisement? So many times that it has lost all meaning. Of course, you are looking for a serious offer; nobody wants to waste their time. If only you could do that for the house you are trying to sell. The spring and summer have a jam-packed inventory, with all kinds of properties on sale. It makes sense, too; there are plenty of buyers out there. The problem is, some of them are just perusing. Going to open houses, weighing their options, maybe even killing time. Not an ideal scenario. Now go back to what we touched upon in the previous section. During the holidays, you only have serious buyers and sellers. Anybody willing to forego holiday laziness (a term I just coined, not to be understood as anything derogatory, but presenting well-deserved rest) means they are on a mission. If you are looking at a condo while the wind is blowing and the rain is falling, you are seriously considering buying it. Therefore, listing your home with a reliable company during the holidays could be the right thing to do! If sellers are accommodating enough to show you their property and are not selling it during the ‘prime’ season, it means they really need to sell.

Georgian style house in Virginia
The spring is more appealing, but the holiday season offers hidden incentives that could tip the scales in your favor!

Low Temperatures, Low Interest Rates

I’ll start by saying this isn’t a guarantee. There are no certainties when it comes to economics, finances, love, lucky numbers on a lottery ticket, and pretty much life in general. Still, all we can do is look at trends and hedge our bets accordingly. Don’t worry; there is some science behind all of this. As always, all the headings are somewhat interlinked. It is a sort of holiday domino effect if you will. Holidays and colder weather mean people, by and large, postpone their house-hunting activities. This leads to a decrease in demand. Therefore, fewer loans are being taken out. As financial business declines, it’s time for those all-important incentives. Interest rates are lowered, financing becomes more favorable, and those still in the game are suddenly privy to a nice little monetary advantage. You can use those savings to call up Allstate Moving and Storage, and they’ll have you in your new home before you can say ‘pumpkin pie’!

Do the Holidays Affect Real Estate? Let’s See What Taxes Have to Say

Believe it or not, there are tax benefits to be had as we start to round off the year. Let’s say it together – this is not a guarantee. A lot depends on your financial situation. However, if you itemize deductions when you purchase a home, you could be able to save some money. Mortgage interest rates and property taxes, to name just some, could be deductible. If the house is not being bought for the sole purpose of being a home you will live in, but rather an investment asset where you will run a business, further deductions could be possible. This is a little hidden nugget that the holiday season offers.

Take Advantage of the Pretty

There is an almost indirect effect of the holidays on the real estate market. Just think about your interior. We tend to tidy up, put up beautiful decorations, and make a cozy atmosphere. One that is warm and welcoming. Almost as if you had purposefully prepared your home for an open house showing. How fortunate.

Furthermore, you can take steps to make your home even more enticing. With the interior taken care of, if you planned a little ahead, the exterior could be attractive as well. After all, this is the first thing buyers see, and first impressions are essential. If you improve the curb appeal of your Virginia home through the applications of affordable projects, there is no way any buyer will be able to resist!

White concrete building with red roof
Do the holidays affect real estate? If you use the charm of the holidays to make your home as inviting and cozy as possible, they do!

Happy Holidays and Happy House Hunting!

To summarize, do the holidays affect real estate? Yes, yes, they do. Nothing has changed there. It’s just about a few nuances and understanding why this is so that you can utilize this to your advantage. After all, skipping one holiday really is worth it if it ensures you can celebrate the next twenty in your dream home. So put down that eggnog and search for the ideal home – you’ll be glad you did it!

Pictures used:

https://unsplash.com/photos/e9jV1ZyrOmg

https://unsplash.com/photos/YuR4iKgPOGA

https://pixabay.com/photos/house-virginia-georgian-home-176988/

https://unsplash.com/photos/218VIkNIxjg

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.

331 Stratford Cir, Lake of the Woods, Virginia 22508 SOLD by the Licata Group Real Estate Advisors EXP Realty LLC

Come see what lake life is all about! Imagine being within walking distance to the nearest beach, Greensprings Park, and convenient to the members-only back gate! These are just a few reasons why this is the one! Enjoy one-level living with brand-new laminate, a spacious living room with a wood-burning stone fireplace, cathedral ceilings and sought-after split bedroom design. The kitchen features plenty of space to spread out with all the amenities. Flex space is needed today more than ever, and that’s just what you have in this move-in ready home; make it an office, family room or dining area…your choice! You will also love the owner’s suite with walk-in closet and en-suite bath. Relax on your screened porch or deck with your favorite beverage and enjoy a meal overlooking a treed and private backyard, or entertain family and friends.

331 Stratford, Lake of the Woods Virginia 22508 For Sale at $279,900 by the Licata Group EXP Realty

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.

What to Expect in the 2022 Real Estate Market

Key Takeaways:

  • Many of the dynamics seen in 2021 will carry through into next year’s housing market, but at a much less frenzied pace.
  • As remote work becomes a more permanent, widespread option, Millennials are taking advantage and entering the real estate market.
  • We’re ready for another seller’s market. Like last year, there isn’t time to waste—contact us to start planning now!

What Buyers and Sellers Need to Know About the 2022 Housing Market

In the final few weeks of 2021, both home buyers and sellers look forward to what lies ahead in 2022. We can help build your strategy to stay competitive! Don’t wait for the real estate market to heat up during the spring and summer. Here’s what you need to know to get ahead of the competition next year.

First-time home buyers can overcome the challenging market

First time home buyers celebrating

Recent real estate forecasts suggest that competitive will be the defining characteristic of the housing market throughout 2022. That will be especially true for first-time home buyers.

Competing levels of low inventory supply and high buyer demand will continue to hold housing market values at, or above, asking prices. Total inventory will increase by the end of 2022, but it will not be enough to slow the seller’s market.

For first-time home buyers to secure their house, they need to start early and expect competition. On a positive note, low interest rates can help new homeowners build equity faster.

Millennials are working remotely and finally buying homes

Millennials buying homes

A lot has changed in these last two years. Buzzwords like “the new normal” were everywhere, along with speculations about how people lived, worked, and commuted were going to change. As we enter into 2022, we now have data reports and are beginning to see how these changes affect the housing market.

The ability to work remotely is helping the more than 45 million Millennials that make up the fastest growing segment of buyers. After an uphill battle, they’re entering the prime first-time home buying age range of 26 – 35, and changing the real estate landscape.

Millennials are leaving the glamour of big city life to take advantage of more affordable housing markets in suburbs and rural areas. As long as they have internet access, their salary remains the same. And unsurprisingly, 99% of them use technology to research the home buying market.

With 90% of managers and employees reporting that they’re happy working from home, and productivity increasing by as much as 47%, remote work is here to stay. The new normal will also create new investment opportunities as companies seek to reduce their office sizes.

Low inventory stretches into the new year

Low housing inventory

After years of underbuilding, housing supply shortages will continue to be a dominant feature of the market next year. One of the most significant factors that will carry over immediately from last year is low inventory supply.

Available housing will remain tight throughout the year. While that will generate some stress, it will also drive home values higher. Estimates of continued home sales growth will be 6.6%.

While housing inventory levels will remain lower than their pre-pandemic levels throughout 2022, a modest 0.3% growth in inventory should be enough to keep market prices from spiraling even further upward.

Sellers remain in control of the market

Person selling their home

As we look ahead to 2022, some clear realities for the housing market begin to appear: it will remain a seller’s market. Interest rates continue to hover around a record-low 3%, providing incentives for sellers to upgrade to a larger home for a lower monthly payment.

After the refinance boom in 2020, homeowners are still in an advantageous position. With home sales expected to hit their highest level in 16 years due to Millennials entering the housing market, sellers sit in a very good position to profit. If accurately priced and, more importantly, if houses are in great condition with upgrades throughout, the real estate market will continue to be a boon for sellers.

Be Prepared for a Competitive Year

The new normal in 2022 turns out to be an old adage: the early bird gets the worm. We have the experience and can move quickly to make sure you stay competitive, regardless of whether you’re buying or selling. Contact us today to make your plan for the new year!

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.

Here’s Why You Shouldn’t Wait Any Longer to Invest in Real Estate

Key Takeaways:

  • Even as home prices continue to climb, there’s never been a better time to get your foot in the door when it comes to real estate investing.
  • You don’t need a lot of money to diversify your portfolio—in fact, you have more options than you might think!
  • Whether you’re an experienced investor or a first-timer, you’ll want to work with the right agent to score a great deal.

What Buyers Need to Know About Real Estate Investing

Even if you haven’t bought or sold a house this year, you’ve probably heard wild predictions and statistics about the real estate market. As prices keep skyrocketing, would-be and experienced investors alike are wondering if now is the right time to add to their portfolios. Believe it or not, now might be a once-in-a-lifetime opportunity to purchase an income-generating property—and there are countless options from which to choose.

Still on the fence? Here are a few quick tips and tricks you need to know before investing in real estate.

Real estate investment isn’t only for the rich

Despite what popular shows on HGTV might tell you, real estate investing is something anyone can accomplish with careful planning and saving. You don’t even need any experience to get started—but having the help of a real estate agent will make all the difference.

Start by working with an agent who knows your local investment market. Based on your budget and goals, they’ll help you select a property that meets your needs and offers a high return on investment. Don’t just limit yourself to fixer-uppers—it’s worth considering land, single- or multi-family homes and condos, office space, or warehouses, too.

With a little sweat equity, you can easily turn any investment into an income-generating property that will help you pay off your mortgage. The easiest way to do this involves renting your property out to tenants. Over the last decade, the average rent has increased by more than 30%—so if you plan on keeping your property for a long time, you’ll be able to turn an impressive profit while building equity.

Mortgage rates remain low

Approved mortgage application

One of the biggest mistakes that any investor can make is trying to time the market. While it may seem tempting to wait until a recession for prices to decrease, it’s impossible to predict how the market will fluctuate over time. And even as prices continue rising, you’ll want to factor low mortgage rates into the equation.

Lower mortgage rates make real estate investing more affordable. As of November 2021, the average 30-year fixed mortgage rate hovers around 3.4%, which is roughly a full percentage point lower than it was in 2018. Let’s put that into perspective—if you purchase a $400,000 property with a 20% down payment, you’d pay around $1,419 per month. But if you bought the same asset with a 4.4% rate, that monthly payment would skyrocket by more than $200, which adds up over time.

First-timers can start small

First-time real estate investors

Even if you aren’t a current homeowner, real estate investing isn’t out of your reach. Some smart investors actually use their primary residence to generate extra money on the side. Once you establish a cash flow, you can start saving up for an even bigger investment down the line.

Wondering how you can start investing in real estate without a lot of capital? Real estate investment trusts (REITs) let you pool your money together with other investors and earn dividends, so you won’t have to buy or manage your own property. Many millennials have even tried “house hacking,” which involves buying a home and renting out rooms to offset a mortgage. And for an even simpler way to invest, consider land—some plots are available for just a few thousand dollars, and they’ll likely increase in value over time.

Work with Real Estate Investment Experts

Even if you already have a few assets under your belt, now is the time to diversify your investment portfolio! We have ample experience helping investors just like you, and we’d love to help you find an income-generating property that checks all the boxes.

Need to sell an investment property? We can certainly help with that, too!

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.

3115 Lakeview Pkwy, WATERFRONT LOT, Lake of the Woods, Virginia 22508 now SOLD!

Imagine the memories you’ll make! Spectacular sunsets from the perfect lake home or dock designed by you and built for you are just the beginning! This deep, incredibly beautiful main lake wooded lot offers 64 feet of sensational, clean and clear water frontage that is the perfect backdrop for your new lake home! Whether you enjoy your day on the boat, kayak, jet ski, simply swimming or floating from your dock, or entertaining family and friends, this lot provides the ideal setting for your dream home. So let’s get this lake home and lake life started! Situated on the main lake, you’ll love the lifestyle! If you also enjoy history and/or hiking, your new home will be across the street from the Wilderness Battlefield walking trials for easy access.

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 the mid-$100,000s 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.

12914 Dubin Dr, Spotsylvania, Virginia Now SOLD by the Licata Group Exp Realty LLC!

Welcome to 12914 Dubin Drive! This immaculate home boasting over 1850 square feet shows pride of ownership throughout. Rebuilt in 2012 this home features an open floor concept, spacious family room with floor-to-ceiling stone gas fireplace for those cool nights, and is full of natural light. The kitchen is sure to please with upgraded Bosch appliances, granite countertops, and a large center island with a dining area that leads to the screened-in porch. Imagine an expansive owner’s suite with an en-suite bath featuring a large walk-in tiled shower, soaking bathtub, and double vanity. Wait until you see the incredible level fenced backyard with room to roam. Have a meal in your screened porch and then walk to the gazebo and get in the hot tub to relax exhausted muscles after a long day. Lake Wilderness community amenities include access to lakes, an outdoor pool, tennis, basketball, and security.

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.

10204 N. Hampton Ln, Fredericksburg, Virginia 22408 now SOLD!! by the Licata Group EXP Realty!

Welcome to 10204 N Hampton Lane! You will be wowed from the moment you pull up! So much curb appeal. Once inside, you are welcomed by beautiful hardwood floors and a two-story foyer. That’s only the beginning…your kitchen has everything you could want, upgraded stainless steel appliances, an island, pantry, and so much space will make cooking and entertaining a breeze. The family room will delight with cathedral ceilings, tons of natural light, and a gas fireplace for those cold winter nights. The owner’s suite with tray ceilings and an en-suite bathroom boasts a soaking tub and double vanity. There are three more bedrooms and another full bath to complete the upper level. The lower level is finished and would make a great in-law or teen suite. This space could also be used as a classroom. Enjoy entertaining family and friends on your deck overlooking trees and a pond. The backyard is private and fully fenced. Close to everything from shopping, restaurants, the VRE, and downtown Fredericksburg.

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.