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re: What's the most that you would spend on pool/spa/outdoor kitchen?

Posted on 7/9/17 at 4:16 pm to
Posted by Warfarer
Dothan, AL
Member since May 2010
12138 posts
Posted on 7/9/17 at 4:16 pm to
quote:

What's the most that you would spend on pool/spa/outdoor kitchen?
Just had one my best friends hit the 100k mark. It's really nice looks like something off the show pool kings. When I'm through I'll probably be at 35k and that's a lot to me ( I'm Livingston trash and OT poor I know) what is your limit that you would spend on your back yard paradise?



I would tend to look more at the value it could add to my home. My current home, I wouldn't invest much into an outdoor area as the value of the house won't be added to at all with it. My home will sell for the same no matter what I do to it unless I add another bedroom to it as it is a small, "starter" home.

If I had a 300k home in a nice neighborhood where putting 50k into a nice outdoor area would add 50k of value to the home, I would do it without question if i could afford to.

I have considered buying a small space on our local town square but the guy still wants too much. It is about 1400 sf in a space I have always loved but the roof is in rough shape but I would love to build a personal bar, hang out place for me and my friends.
Posted by lnomm34
Louisiana
Member since Oct 2009
12635 posts
Posted on 7/9/17 at 4:27 pm to
quote:

If I had a 300k home in a nice neighborhood where putting 50k into a nice outdoor area would add 50k of value to the home, I would do it without question


There's almost nothing you can do to a home where you get a 1 to 1 return. Maybe adding square footage to the living areas (bedroom/bathroom addition) gets closer, but even then.
Posted by Jake88
Member since Apr 2005
68533 posts
Posted on 7/9/17 at 4:27 pm to
quote:

If I had a 300k home in a nice neighborhood where putting 50k into a nice outdoor area would add 50k of value to the home,

It doesn't do that. In my neighborhood after looking at what the homes around here sold for that did and didn't have the outdoor amenities the price per sqft was similar.
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