Now the pool is in your yard. The pool that you thought you would love, but hardly used and you are ready to sell your home and relocate to a new town. You were thinking of resale value when you invested all the money when you had your pool built, even though it was suggested that if you planned on moving in a few years, that you probably shouldn't have made the investment. You also are now thinking how can you get back all that it cost you to install this private Shangri-la.
You're now discovering that the pool you thought any potential buyer would love to have, is not the case. Buyers have been telling their agents that they don't want the extra cost of maintaining a pool. The weekly clean-ups, the cost of chemicals, unforeseen repairs and the safety issues have been mentioned.
You are learning from your Realtor that by having a pool on Long Island is not always a plus. You were told:
- You limit the buying power by having a pool.
- There are buyers that must have a home with a pool.
- There are buyers that won't buy a home with a pool.
- There are buyers who are undecided.
In some tropical climates, pools add value to a property. Here on Long Island with the short summer pool season, a pool may or may not add value to a home.
This advertisement does not suggest that the broker has listing or transaction or that any property is currently available. If your home or condo is listed with another broker, this is not a solicitation of the property. All data is deemed reliable but is not guaranteed accurate.
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