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Of all the seemingly harmless, misleading phrases that estate agents include in their listing copy, “room for a pool” is the one that always puts me in a spiral. This means that luxury living in a pool house is just a fingerprint away for anyone who buys this house. Sometimes the language goes even further and it actually seems to be an advantage that there is no pool, because then the buyer can design his own.
If you want to receive a pool, you want it to meet your specifications. However, the distance between the reality “space for a pool” and “swimming pool underground” is six digits. And even when the process is complete, it takes time to swim, it takes months from the moment of initial inspiration to the moment you finally dive in. Since we’re just reaching the summertime strand where everyone is ready to use a credit card easily, let’s take a look at how this particular DIY process really works.
So what about all those tempting search engine results that show “average cost” of $10,000 or $20,000?
“This is just a way to get the seller’s foot in the door.”
Bob Tait, a mortgage broker in the NorthEast Tri-Cities region, confirms this.
“A simple pool costs $45,000, not including the deck, fence, landscaping, patio and lighting. All these elements cost up to $100,000, ” he says.
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