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All Topics / General Property / Spa value in Rental Proprty
Hi All, I am curently renovating my property to Rent,and have an outdoor spa that is not working,and was wondering if it would be worth fixing,can any body tell me what $ amount i would be able to ad on to rental amount per week for inclusion if it was working?
Any advice would be appreciated.
Hi BJ
Can't help you with a dollar value to increase the rent by.
Unless it is a high end property you are renovating, for an IP, a spa is a liability. If it were me, I would get rid of it as even if it is in disrepair at start of lease, in some states you are obliged (as a landlord) to fix it and keep on fixing it just becuase it exists.
Edit:
Oh, and also be sure to check how it is impacted by any pool fencing regs in your state/territory.
x2, get rid of it.
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