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Northern Neck Waterfront Homes offer advantages

For Some Northern Virginia Residents, Incentives Point to Vacation waterfront Homes

To a non Northern Neck property homeowner with sufficient wherewithal, there are some practical, real life incentives for moving the idea from daydream to the ‘to do’ list. The primary motivation is what comes first to mind. Just as a waterfront property is a welcome respite from the day-to-day, a waterfront home needs to qualify as a destination that is pleasurable in itself. Where that could be differs for everyone, but whether it be the beach, in a protective cove, or scenic creek , any Northern Neck waterfront home should be a haven inherently suited to relieving the stress of the workaday world. Although it would seem to be properly classified as a pure luxury expense, waterfront homes can be more financially sensible than that.

The Kiplinger web site has a number of observations for vacation home buyers. It finds that some mortgage interest rates on second homes have lowered to first-home rates. Another alternative is the “favorite source” for all-cash purchases: a home equity line of credit. According to Kiplinger, “Mortgage interest on a second home is deductible on as much a $1 million in principal for both homes combined.” If lenders calculate eligibility via the Fannie Mae and Freddie Mac guidelines, a borrower’s total debt payments should not exceed 36% of gross income…but if the second home is to be rented, that income can be part of the calculation.

Which brings up some other possibilities. A Northern Neck waterfront home can not only cut down on vacation expenses (hotel and restaurant prices are rising, after all); if rented out some of the time, it can contribute offsets to its cost. To take advantage of IRS rules regarding personal versus rental classification, you should consult a tax expert. Since a quarter of vacation homes are rented out at least some of the year, it’s a tactic that deserves investigation.

Perhaps the advantage that’s talked about most for second home buyers is the contribution it can make toward retirement. If a retiree ultimately converts a vacation home to principal residence, profits from the former home can make a handsome contribution to the retirement nest egg. And if by retirement time that vacation home has been paid for in whole, it can make for an even more pleasing financial picture.

For an area resident with sufficient resources, purchasing a vacation home can be a practical as well as emotionally sustaining venture. If it sounds like an idea worth investigating further, talk it over with your financial advisor—and I’ll be standing by to help with any and all real estate considerations!

Affordable 3 bedroom Northern Neck waterfront

MainBeen waiting for an affordable waterfront retreat? If so then this 3 bedroom waterfront home priced at $259,000 is one you should put on your list to see.

Amenities include swimming pool, tennis court, clubhouse, and more. Now they are the community amenities but this Northern Neck waterfront property offers a pier with boat lift. Catch crabs from the pier, steam ’em up and then enjoy them on the screen porch looking out over the water.

Close to local seafood restaurants if you don’t want to make the short run out to the Bay and catch your own.

Sitting on 1.6 acres with established landscaping and very little grass to cut giving you the maximum time to relax and enjoy.

At this price it’s going to attract a lot of attention so please don’t wait.

Remember you can always search for Northern Neck Real Estate or contact me and let me know what you are looking for.

66 Northern Neck Waterfront Homes between 275k and 425k

I had to share this picture. It was taken over Memorial Day weekend at a pig roast on the Yeocomico River.

In the month of April only 7 waterfront homes in Lancaster and Northumberland Counties closed. During that same period of time 35 new listings for waterfront home in those 2 counties were listed.

Although the market has picked up in places like Richmond and Northern Virginia supply still outweighs demand on waterfront homes here in the Northern Neck. It’s a buyer’s market and sellers are willing to negotiate.

Here are the 66 waterfront homes with at least 3′ of water at low tide and at least 3 bedrooms between $275,000 and $425,000 presently on the market in Northumberland and Lancaster Counties.

You can always search for Northern Neck Real Estate through my website

19 Northumberland County Waterfront Homes

I hope you had a nice Thanksgiving.

I live in Northumberland County and am pretty centrally located in the county. I can be anywhere in either Lancaster or Northumberland County in 20 minutes or less.

Earlier I sent you 19 properties in the Kilmarnock, Irvington, Weems, and White Stone areas that had been on the market for over a year.

These 19 properties are Northumberland County waterfront homes that have been on the market for over a year. Again they are ones that I randomly picked and did not include any that were over a million.

Although in live in Northumberland I do most of my shopping in the Kilmarnock area (15 minutes away). Usually you can find a comparable home in Northumberland for less than in the Kilmarnock area and the property taxes are lower as well.

Remember you can search for Northern Neck Real Estate any time and if you want more information or the history of the listing (days on market, price changes, etc.) just email me.

Northern Neck Waterfront Homes Sales November 2013

In the first 2 weeks of November 10 waterfront homes closed in Northumberland and Lancaster Counties.

During the same time period 11 new waterfront homes were listed in those 2 counties.

This might lead you to believe that demand has caught up with supply but this isn’t true. It is still a buyer’s market here in the Northern Neck. Inventory of waterfront homes is higher than the demand which is great if you are buying.

My thoughts are that sellers are really anxious this time of year if their house is still on the market. Usually their expectations are low about the winter market and their thoughts are what will they have to do when spring comes. I personally think this is a great time to make an offer on a property as sellers are usually negotiable.

Take a look at the Northern Neck MLS and you might just be able to get more home at a better price than you imagined if you just make an offer.

Northern Neck Waterfront Home at a Great Price

I don’t want anyone to misunderstand me. Carter’s Creek is a great creek. I love to sell property on Carter’s Creek. It has

Northern Neck Waterfront Home

Waterside Elevation

deep sailboat depth water. The villages of Irvington and Weems sit along its shores. Those residents also live close to Kilmarnock, which is by far the best town in the Northern Neck for shopping. Sorry Warsaw, Montross, Callao, Reedville, and even you Lottsburg who can boast of the best hardware store but what else.

So what are you getting at Ken? THE PRICE! Property on Carter’s Creek is by far the most expensive in the Northern Neck.

This home that is listed at $669,000 would easily be listed at over a million if the zip code were 22480.

This property has deep sailboat depth, is just as close to open water, and closer to the Chesapeake Bay. Best of all it is 100’s of thousand dollars cheaper. [More details…]

Northern Neck Waterfront Showplace

I just listed a great property. You can see all the details of this Northern Neck Showplace.

When opening the link please don’t confuse the opening slideshow with the link, 1246 The Movie. They are 2 separate pages.

But then you can just click on the play button below to see to see the movie. Please share post, above link, and video. I know there is a buyer for this waterfront home in the Northern Neck and this one is priced right.

Where else can you find a quality home with this amount of square footage on deep water for $669k?

Northern Neck Real Estate Waterfront Specialist, Ken Smith presents another quality home on sailboat depth water. You can search for Northern Neck Real Estate on his website,

Northern Neck Real Estate News July 2012


Last night I was writing my
newsletter for July. I really thought I had done a good job. I wrote how
the market is unusual, what was going on, that Driftwood Cottage has
been reduced to $315,000, and how I would soon have 2 waterfront lots
available an hour away from Fredericksburg. I had proof read it and
thought it would be nice to say “Happy Birthday, America”. So I left my
newsletter and went to Google in search of an image. When I came back to
the newsletter it was gone so here I am on the 4th of July pounding the
keys on this computer. 
Happy Birthday America. I hope you enjoy the graphic. 




Before I started this newsletter
(this morning) I checked my email and in it was an article from the New
York Times, “After Years of False Hopes, Signs of a Turn in Housing”.
Let me share a few excerpts: 

  1. Announcements of a housing recovery have become a wrongheaded rite of
    summer, but after several years of false hopes, evidence is accumulating
    that the optimists may finally be right.
  2. The housing market is starting to recover. Prices are rising. Sales are
    increasing. Home builders are clearing lots and raising frames.
  3. Like the economic recovery that began three years ago, what happens next
    is likely to prove a little disappointing. The pace of recovery will
    probably be slow, and the prices of many homes will continue to decline.

Prices are rising but many homes will continue to decline. Does anybody know?




Here is what I find here in the Northern Neck. When I talk to other agents
they tell me they don’t have many people looking but there seem to be
more sales than in the past few years. The sellers have lowered their
prices and most will consider offers. The market has always baffled me.
That’s the truth. When things got absolutely crazy people were buying
almost anything. Now many properties are lower than when the maddest
occurred and interest is lower than 4% and agents are waiting for the
phone to ring. Personally I think the market is right for the buyer and
you can see all Northern Neck Properties and search for the one that is right for you.
Driftwood Cottage has been lowered to $315,000.Pride of Ownership radiates from this
virtually maintenance free cottage. The owners
have made many improvements over the past
few years

  • 2005 new windows, storm door, and front door
  • 2006 new roof, fascia, and soffit
  • 2008 new hot water heater and refrigerator
  • 2010 new deck with Trex decking and a new
    artesian well

Large eat in kitchen with wood burning stove. Great
views. Florida room. Pier with water and electricity. This
property is a place where kids, grandkids, and friends
will reflect on whose times at the river
with loved ones. Take a virtual tour.



Well time to bring this to an end and
get out on the water. If you are coming to the Northern Neck this
weekend remember the fireworks show in Reedville Friday night. If it is
clear we should still have a full moon so it would really be nice
watching from your boat.
Remember to keep searching the Northern Neck MLS.
If you see something you like then please call. I’m here to help.
Besides I’d love to tell those other realtors my phone is ringing off
the hook. 




Joe Self Realty, INCKen Smith Agent580 Northumberland Hwy.

Callao, VA 22435





Trailer for Driftwood Cottage Northern Neck Waterfront

Coming soon to an internet site near you, “Driftwood Cottage”. A Northern Neck waterfront cottage within minutes of the Potomac River and Chesapeake Bay.

Large eat in kitchen, Florida Room, pier, and new maintenance free deck overlooking pristine setting on Headley’s Cove.
Within 2 hours of Northern, VA this Northern Neck waterfront property is the ideal escape from the hectic life. Enjoy the Northern Neck Lifestyle and easy living.
Fish, crab, boat, and dine in all those Northern Neck favorites.
Call Ken Smith, Northern Neck Realtor, for more information.
(804) 366-2325

Luxury Northern Neck waterfront homes

Luxary Northern Neck Real Estate

Luxurious Living

I really expect to see sales pick up again this year for real estate in the Northern Neck.

It is still a Buyer’s Market and in all price ranges there are deals to be made. If you are looking for a waterfront cottage then you’ll be able to find one at a remarkable lower price than you would have several years ago.

This is true for all waterfront homes but there is nothing that can compare to the drop in luxury Northern Neck waterfront homes.

4,000 to 6,000 square foot waterfront homes with expansive views, fabulous kitchens, rooms with detail and built-ins are being sold for just over a million. While that is above my price and most of my clients I know that there is no way these homes can be built for what their market value is today.

The luxury Northern Neck waterfront market is an exceptional value for those discriminating buyers that demand the best.

If you are one of those buyers, I would love to have the opportunity to represent you as your Buyer’s Agent.

Disclaimer Ken Smith is a Licensed Realtor Commonwealth of Virginia

Ken Smith 804-366-2325
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