Think Twice Before Taking the Plunge with an Indoor Pool
Robert G. Hetsler, Jr. J.D. CPA
Inspirational Leader, Spiritual Warrior, Life & Business Strategist, Author, Entrepreneur Talks about #Overcoming Adversity, #Leadership through Inspiration, #Belief System, #Success #Importance of Progress
For many people, especially those who live in colder climates, the idea of having one’s own indoor swimming pool might seem like the ultimate #luxury. After all, when the winter wind is whipping outside, taking a leisurely dip in warm, inviting waters at home seems like the perfect anecdote.
But does adding an indoor pool add up financially? No, say some realtors.
According to Realtor.com, luxury homes with indoor pools are listed at 2 percent less than homes with outdoor pools. Add to that the additional expense of construction – ranging between $150,000 and seven figures, along with expensive dehumidification systems that are required (another $50,000 or more), and suddenly that little luxury doesn’t seem quite so luxurious.
Of course, some may argue that for homeowners already at the helm of a multi-million dollar pad, another few hundred thousand dollars is, pardon the pun, a drop in the bucket. But still, if resale is on your mind, it pays to understand how an indoor pool might affect your bottom line.
Read more about this phenomenon here.
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