Tag Archives: virginia

Beautiful One Bedroom Condo in Reston, VA! 1965-B Villaridge Drive Now UNDER CONTRACT!!

Welcome to 1965-B Villaridge Drive! You will be wowed by the cathedral ceiling, open layout, you will love the kitchen with upgraded stainless steel appliances, gorgeous fireplace and spacious bedroom. Relax on your balcony after a hard days work. The HVAC unit has a germ killing ultra violet filter. The Wiehle Metro and metro bus stop within one mile, close to Reston Town Center, minutes from South Lakes shopping center, Lake Thoreau and Lake Audubon with boat ramp and pools. Surrounded by walking and biking trails. For more information on 1965-B Villaridge Drive, Click Here! To see a 3D Virtual Tour, click the link below!

https://my.matterport.com/show/?m=Y7TvY3nyg5B&mls=1

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

Gorgeous 1820 Farmhouse on 128 Acres in Orange, VA! 16253 Marquis Road Offered at $699,000!

Step back into time with this beautiful circa 1820 bicentennial farmhouse with so much charm and character of yesteryear! What an incredible opportunity to own a piece of history. Built before the civil war – this home is perfectly situated on 127 acres of rolling meadows and pastures. Once you walk inside you are welcomed by hardwood pine floors, an inviting foyer with a fabulous stairway that you will love. The main level boasts formal living areas, kitchen with a two side floor to ceiling stone fireplace that is shared with the family room.

Enjoy sipping coffee in the sunroom which completes the main level. The upper level has an incredible master suite with a fireplace and large master bathroom. The other two bedrooms complete the upper level. Entertaining family and friends will be a breeze – while you can swim in the salt water in ground pool, bonfires or just relax. Maybe hunting, riding ATVs or having the farm full of livestock you always wanted. If you have ever wanted to run a professional kennel with the perfect office/studio, full bath, washing station and more. This could also be converted to several different uses. Endless opportunities, a piece of history and a beautiful home are a few of the reasons you can’t pass this home by! For more information on 16253 Marquis 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

Beautiful Home in Louisa, VA! 19396 Louisa Road Now UNDER CONTRACT!!

Welcome to the charm, serenity and peaceful setting of this beautiful home of yesteryear! Enjoy spending time on the porch swing as you listen to nature serenade you. Once inside you will love the gleaming hardwood floors, formal living areas, an amazing vintage kitchen featuring a picture window and pantry for extra storage. The main level master bedroom has a walk-in cedar closet. The upper level has 2 bedrooms and a multi-use room that could be used as an office or game room. That is not all~. there is an unfinished basement that could be finished for additional rooms and storage. All this on over an acre! For more information on 19396 Louisa 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

Spacious Home With 3,000+ Sq Feet in Spotsylvania, VA! 11013 Cedar Post Lane Now SOLD!!

Welcome to 11013 Cedar Post located on a quiet cul-de-sac with a very private beautiful lot. This home is spacious and has an open floor plan. It does need work, however, most the work is sweat equity. Enjoy the three tiered deck for entertaining, the kitchen has an island, oodles of cabinet and counter space, step down into the light filled family room. There are windows everywhere for a lot of natural light. Living room and kitchen dining area share a double sided fireplace. The master suite is spacious and has an amazing master bathroom. This home has so many design features that are unique and amazing. A little tlc and you would have an amazing home with over 3000+ sqft. For more information on 11013 Cedar Post Lane, 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

Picture-Perfect Home with Beautiful Landscaping in Spotsylvania, VA! 7700 Burnleigh Street Now SOLD!!

Privately nestled among the trees in sought after Stuarts Crossing lies 7700 Burleigh Street. Welcome to this fabulous home situated on a beautifully landscaped lot of over an acre. Relax after a long day with a beverage on your large deck, and melt the day away. You will appreciate the two story foyer and gleaming hardwood floors throughout the main level. This light filled, spacious, open floor plan delights with an upgraded kitchen, which offers granite counter tops, gorgeous back splash, an island, and stainless steel appliances.

You will love the open family room with fireplace for those cool nights, as well as the other formal living areas that will make entertaining a breeze, and an inviting office to work from home in style. The upper level will wow you with an expansive master suite, ensuite bath, and large walk in closets. A laundry room and the other three bedrooms complete the upper level. The light filled, walk out basement is unfinished with the potential for a 5th bedroom and is already plumbed for a bathroom. You will also love the smart home security system, which supports operating all the security features from your phone! This is the complete package! For more information about this listing, 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

Why Orange County, Va is perfect for ex New Yorkers

There is an ever-growing number of people moving out of New York and trading their previous lifestyle for something different. Luckily, there are so many cities, towns, and counties that can provide you with everything you want your future neighborhood to have. For instance, Orange County, VA is perfect for ex-New Yorkers for many reasons we will try to analyze in this article.

A little bit about Orange County

Orange County is a part of the Los Angeles metropolitan area. With over 3 million inhabitants, it is the third-most populous county in the state of California. The average annual temperature of 20 degrees Celsius makes the county very pleasant for living. Among other things, this is the reason why some Canadians decide to buy properties in Virginia. Orange County takes pride in its educational and sports opportunities. At the same time, the county is home to many start-ups and overall successful companies, which means that the economy is strong too.

Orange County, Va offers suburban lifestyle while having 3 million citizens

Ex New Yorkers move to Orange County for the convenience of suburban living

Although it is a densely populated area, Orange County is mostly suburban. Many New Yorkers opt for living in houses instead of apartments when they move to this area. Who can blame them? When they get tired of everything that the “concrete jungle” has in store for them, they opt for leaving NY for good and trading it for the new lifestyle that they can have here. Some of the benefits of living in Orange County in comparison to NYC in terms of housing include:

  • not having to spend a fortune on rent in NYC – it is not a secret that New York City is one of the most expensive cities in the World for renting a place; Of course, not all NYC counties and neighborhoods cost the same, but still, they are mostly overpriced.
  • being able to afford some home features and amenities that you could only dream of in NYC. To be honest, a house with a nice garden, a water view, or a swimming pool in your backyard comes with a certain price tag in Orange County too, but the numbers are more realistic than in NYC.
  • being able to earn some money on renting a vacation home you can buy in Virginia – A vacation home in Orange County can be a great place for you to relax and earn some extra cash too. It turns out that in many areas, the weekly fee you can get for renting out is greater than the monthly mortgage payment.

The slower pace of life is definitely a plus, but you might need to learn some new skills

After moving from New York City to Orange County, you will have more time for yourself since you won’t be spending it in NYC traffic. On the other hand, a suburban lifestyle might require you to have a driver’s license that you probably didn’t need in NYC.

You might need to learn how to drive after moving from NYC

Work/life balance is so much better in rural areas

Just like we have already mentioned, moving to a suburban or even rural area from an urban one such as NYC can save you a lot of stress in your daily life. Commuting to work might be a little time-consuming if you are used to living and working in the same part of the city, but the benefits of space and money are there to compensate for the loss. In fact, many companies follow the trend of moving their headquarters and offices outside the city centers for these particular reasons. They are able to choose much better spaces within their budget, plus they get overall better working conditions for their employees.

Orange County, VA can be perfect for ex New Yorkers with families

Whatever you crave for – NYC has it. Be that business, culture, entertainment, or anything else, you will be able to find it in New York. However, the Big Apple might not be an ideal place for raising a family. That is exactly why people choose to leave it at a certain period of their lives when they decide to start a family.

We all agree that raising children is easier and often healthier in smaller places. Orange County, VA is specific since it has a vast population, yet its citizens enjoy the privileges of living in smaller communities.

For instance, the crime rate is much lower than in NYC or some other bigger cities. This is usually the first factor people consider when moving to a new town or city with their families.

After that, there is the healthcare factor. Orange County has a great network of hospitals and clinics. Here are some of those:

  • Mary Washington Healthcare/Mary Washington Hospital, Fredericksburg
  • UVA – Culpeper Regional Hospital, Culpeper
  • University of Virginia Health System, Charlottesville
  • Martha Jefferson Hospital, Charlottesville

Education in Orange County, VA is also something that can attract ex New Yorkers

Moving professionals such as dynamicmoversnyc.com noticed that there are many people who choose Orange County for their relocation from bigger cities in search of education. Whether they are the ones who plan to continue their schooling, or they would like their children to have better educational opportunities, here they can choose from a variety of public and private schools, colleges, and universities.

Education is one of the reasons why Orange County, Va is perfect for ex New Yorkers

Recreational activities in Orange County

The parks in Orange County might not be as impressive as Central Park in NYC, but they do offer a variety of recreational to entertainment activities. From various sports that can be practiced here to cultural events that are organized all-year-round, there is always something to do in Orange County, Virginia.

This is also a very famous surfing destination! The long sandy beaches will help you relax and forget about your previous hectic life in NYC. So, whatever your reason might be for moving to Orange County, VA, you can rest assured that you will find everything you need in your new hometown.

 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

Essential and Non-Essential Businesses in Virginia. What’s Open and What’s Closed?

As stated by Governor Northam, these businesses have been classified as Non-Essential, and must remain closed effective at 11:59 PM on Tuesday, March 24th until 11:59 PM on Thursday, April 23rd 2020:

  • Theaters, performing arts centers, concert venues, museums, and other indoor entertainment centers;
  • Fitness centers, gymnasiums, recreation centers, indoor sports facilities, indoor exercise facilities;
  • Beauty salons, barber shops, spas, massage parlors, tanning salons, tattoo shops, and any other location where personal care or personal grooming services are performed that would not allow compliance with social distancing guidelines to remain six feet apart;
  • Racetracks and historic horse racing facilities;
  • Bowling alleys, skating rinks, arcades, amusement parks, trampoline parks, fairs, arts and craft facilities, aquariums, zoos, escape rooms, indoor shooting ranges, public and private social clubs, and all other places of indoor public amusement.

All dining establishments must remain closed as well, however are permitted to continue to offer delivery and/or take out options and services. These include:

  • Restaurants;
  • Dining establishments;
  • Food courts;
  • Farmers markets;
  • Breweries;
  • Microbreweries;
  • Distilleries;
  • Wineries; and
  • Tasting rooms.

These retail businesses are considered to be essential, and may remain open during normal business hours:

  • Grocery stores, pharmacies, and other retailers that sell food and beverage products or pharmacy products, including dollar stores, and department stores with grocery or pharmacy operations;
  • Medical, laboratory, and vision supply retailers;
  • Electronic retailers that sell or service cell phones, computers, tablets, and other communications technology;
  • Automotive parts, accessories, and tire retailers as well as automotive repair facilities;
  • Home improvement, hardware, building material, and building supply retailers;
  • Lawn and garden equipment retailers;
  • Beer, wine, and liquor stores;
  • Retail functions of gas stations and convenience stores;
  • Retail located within healthcare facilities;
  • Banks and other financial institutions with retail functions;
  • Pet stores and feed stores;
  • Printing and office supply stores; and
  • Laundromats and dry cleaners.

Any brick-and-mortar retail establishment not previously listed may remain open, however must limit its capacity to 10 Patron maximum for shopping. This 10-person maximum does not include employees of the establishment. In addition, all patrons and businesses must adhere to practicing social distancing, with a minimum of 6 feet of separation.

When it comes to Real Estate Offices, they are labeled as non-essential, however are permitted to remain open as long as they adhere to social distancing, and the 10-patron limit.

foreclosure and short sales

Short Sale & Foreclosure: How Are They Different?

Short Sale & Foreclosure: How Are They Different?

As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.
A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they owe. The lender can allow the homeowner to sell the home for less than the amount owed, freeing the homeowner from the financial predicament.
On the buyer side, short sales typically take three to four months to complete and many of the closing and repair costs are shifted from the seller to the lender.
On the other hand, a foreclosure occurs when a homeowner can no longer make payments on their home so the bank begins the process of repossessing it. A foreclosure usually moves much faster than a short sale and is more financially damaging to the homeowner.
After foreclosure the bank can sell the home in a foreclosure auction. For buyers, foreclosures are riskier than short sales, because homes are often bought sight unseen, with no inspection or warranty.

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.

market stats 2020

The LOWdown on Real Estate at the Lake 2019 By Pat Licata

The continued inventory shortage experienced by most regions of the country was evident in Lake of the Woods again in 2019. Listings increased only 6.4%, from 373 in 2018 to 397 in 2019, while closed sales were up 28.6%. New construction accounted for 30 of the 301 sales. The median sold price increased a healthy 8% year over year from $249,900 to $270,000.

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Of the 301 total sales reported in 2019, only 5, or 1 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.

So let’s look at our steady growth over the past five years:

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In 2015, there were 247 sales, with 15% being distressed. Those total sales represented almost a 30% gain over 2014, and the median sales price was $210,000.  

In 2016, the market was quite flat compared to 2015 in regards to total sales, which held at 243 with a decrease in distressed sales to 11.1. However, 2016 saw the median price jump to $225,000, a healthy 7.1% increase.

In 2017, there were 294 total sales, a whopping 21.1% increase over 2016 with only 5.8% being distressed. The median sales price climbed to $239,000.

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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 127 in 2015 to 57 in 2019.

It’s also telling to note that a significant number of lots have sold in the past five years.  From January 1, 2015-Decemeber 31, 2019, 184 lots exchanged, with 41 occurring in 2019, down from 55 in 2018. There simply aren’t that many lots left in LOW.

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New construction has been climbing, as well. 2015 realized 41 new construction starts; in 2016, there were 28; in 2017, there were 30; in 2018, there were 34; and in 2019, there were 48.

In 2020, according to Freddie Mac and the Mortgage Bankers Association, mortgage rates are expected to stay within the 3.7-3.9% range.

The prognosis for 2020, as it was in 2019, is excellent! In LOW, there are 57 homes active on the market as of 1/14/2020. In January of 2018, there were 62. Low, stable rates and hopefully more inventory should propel us to experience healthy sales and appreciation.

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.

Thinking of Selling Your Home in the Next 18 Months? This is for You! Home Seller Seminar on 2/29!

If you are thinking of selling within the next 18 months, this is where you need to be on February 29th!
There will be many local vendors that are there to help you!  We have a trusted lender attending, professional photographer, and a home inspector, 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, February 29th, from 10:30am – 1:00pm at the Lake of the Woods Clubhouse in Locust Grove.
RSVP HERE by February 27th, or by calling 540-388-2541.

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

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, 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.