Total monthly cost of ownership
Cost to Own a Home in Lake Holiday, Virginia
A $278,000 home here costs
$2,123per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,429. The real number is $694 higher every month — 49% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lake Holiday against Frederick County and Virginia
| Measure | Lake Holiday | Frederick County |
|---|---|---|
| Median home value | $277,700 | $355,000 |
| Median property tax | $2,011 | $1,807 |
| Effective tax rate | 0.724% | 0.509% |
| Median gross rent | — | $1,402 |
| Population | 2,059 | 93,355 |
The weather behind that power bill
Lake Holiday sits in Frederick County, which averages a high of 85.9°F in its hottest month and a low of 23.8°F in its coldest, with 40.69" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,050 cooling and 4,915 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Frederick County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Frederick County
Full Frederick County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Lake Holiday?
A $278,000 home in Lake Holiday, Virginia costs approximately $2,123 per month with 20% down at 6.66%. That is $1,429 principal and interest, $168 property tax, $68 homeowners insurance, $226 utilities and $232 set aside for maintenance.
What is the property tax rate in Lake Holiday?
Lake Holiday has an effective property tax rate of 0.724%, based on a median home value of $277,700 and median real estate taxes of $2,011. That is higher than the Frederick County average of 0.509%.
What is the average home price in Lake Holiday?
The median owner-occupied home value in Lake Holiday, Virginia is $277,700, against $355,000 across Frederick County.
Is it cheaper to rent or buy in Lake Holiday?
Rent data is not published for Lake Holiday at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lake Holiday — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.