Should Your Hot Tub Convey When You Sell Your Home?
This Blog was posted on October 25, 2012 by HTSS.
When it comes time to sell your house, you may want to consider where or not you want your hot tub or spa to convey with the property. While you may not relish the idea, after weighing the pros and cons of leaving behind your hot tub, it may seem like an easy decision. The advantages usually outweigh the disadvantages. Let's take a look at some of the pros and cons of letting your spa or hot tub convey.
Advantages
A hot tub raises the value of your home. A somewhat uncommon feature in homes, hot tubs in NY add an air of sophistication and luxury to any home. It's something many people don't consider buying until they are faced with the possibility of ownership. Many homebuyers will willingly choose to inherit the hot tub with the rest of the house and most of its other appliances.
For first-time spa owners, the idea of buying and installing one may seem more complicated than it really is. In a difficult real estate market, letting your hot tub convey could be the added bonus that helps your home sell quickly. Since most of today's homebuyers are seeking property in move-in condition, a hot tub that is ready to use is a plus. Sure, they could buy their own and install it in the same place, but the glamour may lose its aura when they must choose their own model and learn how to hook it up themselves.
Although you may be attached to your hot tub, this could be the perfect opportunity to buy a newer model as an upgrade. There may be some few features you would like to have that were not available with the model you have now. Over the past few years, there have been several new developments with hot tub filters and other hot tub accessories that make hot tub ownership even easier than before.
Another plus is that it might be easier to have a new hot tub installed in your new home to avoid the hassle of carefully moving it to a long-distance destination. In some cases, you might be moving to a property where bringing your existing spa is not feasible. For example, the new home may already have one, or there may not be enough room. Allowing the hot tub to convey would make the move easier if there is nowhere to put it.
Disadvantages
On the other hand, you may have the perfect model spa now and you are so familiar with and attached to it that you may not want to let it go. Another disadvantage to letting it convey is if the potential homebuyers are not willing or able to pay more for your home when the value of the got tub is added in to the value of the home. However, this problem can be avoided by increasing the property value before the question arises.
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