Everyone Into The Pool?

I don't care how hot it gets....NOT GOING TO HAPPEN!

Summer time memories are often intermingled with frolicking in the water on a hot day. Kids running through the sprinkler, playing in the pool, or baking at the beach are emblazoned thoughts in the psyche of many Canadians.

It seems that the pool as it sits is a choice for some. An investment in their property that allows them the daily trip to an oasis avoiding the traffic that sloths it's way to the cottage or the beach. It comes at a price. Consider a second mortgage or a line of credit because the pool of your dreams could cost you anywhere between $30,000 to $100,000 depending on how extravagant you want to go.

That investment in a property is not usually realized at time to sell. The backyard cottage will add value to a property but it also limits your pool of buyers. Many people looking for homes just are not interested in the pool owner's life. One of maintenance and upkeep. One caution and worry for a parent of young children. One of neighbourhood parties and summer kids hang outs.

They payoff really comes when you find that buyer. The one that always had a pool as a kid. One that couldn't afford the install or couldn't fit the dream into their postage stamp yard. The one shopping and their main requirement for the house is YOUR pool.

If you are like me, and not a pool guy, the other option is to head to a local municipal pool...


M

1 comment:

commercial real estate said...

good point mike..those things should be consider also..