(tap tap tap) Now class...Jim and Jill are hankering a pool. Where are they living on this map to the left? (Edging back from blackboard)
And...they figure the thousands to put it in will come back two or three fold because like them, everyone wants an in ground pool right?
Whoa....cowboy. Ease up on the spurs in side of Trigger! For starters, what state and climate do you live in? And how does your real estate market neck rein in the barrel race to the short path, quickest route to the property listing closing?
How does a professional REALTOR tell you the market reacts to a home with or without a swimming pool?
Or other costly improvements you pour in, hope to get back. And then some on top for a tidy resale house profit. True you live in the Maine home, would enjoy the pool but if a sale is on the horizon, maybe that "Value in use" is great for you.
But the money plowed into the back yard for the above or inground pool may stay there after you move.
Money "buried" in or on the property behind the Maine home like an old bone. Pirate treasure. For the next buyer to enjoy or remove depending if they are swimmers or not. Or have any little tadpoles that are splashers in the family of the new users of the nest, all the property improvements.
Broaden your approach and consider not just what you want for immediate enjoyment but the what if a resale is in the cards in the near future.
Or don't and then whine to the real estate broker. Waving receipts, getting hot under the collar, red faced and short tempered.
Screaming "I'm not going to give it away"! Trying to convince him how much you enjoy the pool. Anyone would right? Not if they can not afford the improvement. If it bumps it up into a high bracket of real estate than they are approved for to buy a Maine home.
Or if they wish instead to have a cottage on a lake or river. To run away from home, have a vacation place investment to use or rent out to others with the same bright idea. To unplug, recharge and relax.
Swimming pools. Listen. And hear them say around you in Northern Maine, with a shorter summer and a slug of lakes to enjoy, that a pool is not number on one the list for buyer hankerings. As a REALTOR, that knows the real estate market! You should too. Here to help, reach out, connect with your buying, selling real estate needs.