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Personal Finances / Living Below Your Means

URL:  http://boards.fool.com/at-risk-of-always-being-the-guy-who-things-of-the-30305145.aspx

Subject:  Re: Sauna Date:  10/7/2012  11:03 AM
Author:  InconclusiveFool Number:  867847 of 890139

At risk of always being the guy who things of the cost and practicality, just a few thoughts:

1. In our town, a major remodel (bathroom, hot tub, whatever) would require a building permit, and will trigger a relook at the assessment. Increased assessment would result in increased property taxes.

2. Will installation of the hot tub cause any increased potential liability, hence increased homeowners insurance?

3. What is the total cost of ownership (TCO?) Installation, electricity, water (increased property taxes/insurance if applicable) amortized over the estimated time you