Construction of this pool house with benefits was completed at the end of 2018. The basic structure cost about $350,000, Mr. Bearak said, which is exactly what the couple budgeted. The pool, however, ended up costing more than $200,000 — far more than they anticipated. Along with the cost of the site work, a hot tub, the smart-home system and finishing touches, he said, they spent a total of roughly $1 million.

When the pandemic struck New York in March, Mr. Bearak and Mr. Moore stayed put in Manhattan with their children — they now have three daughters: Madison, 4, Lily, 2, and Margaux, 1 — in part because they had rented their house out on Airbnb.

“There was this really nice couple, and they were just supposed to stay there for a weekend,” Mr. Bearak said. The guests were expecting a baby, so he and Mr. Moore were loath to end the rental when they asked for an extension. “They ended up staying for two and a half months.” (The couple are currently working with Mr. Bearak’s firm on a home of their own.)

As for Mr. Bearak and Mr. Moore, with a growing family, they already need more space. This spring, they plan to begin construction of the guesthouse, so they can host overnight visitors, and the stand-alone office, for working from home.

The plan is to take their time completing a compound that will expand over many years. Construction of the main house, Mr. Bearak said, is “probably 15 to 20 years down the road.”

For weekly email updates on residential real estate news, sign up here. Follow us on Twitter: @nytrealestate.

Source: | This article originally belongs to Nytimes.com

You May Also Like

Nunes to Join Trump Media Company as CEO

WASHINGTON—Trump Media & Technology Group said it had named Rep. Devin Nunes…

Some Professional Degrees Leave Students With High Debt, Not High Salaries

Professional degrees like dentistry and veterinary medicine are leaving many students with…

Biden Administration Outlines Measures to Address Supply-Chain Issues

WASHINGTON—The Biden administration outlined new measures Tuesday to address widespread supply-chain issues,…

Some Kentucky candle factory workers who survived tornado considering lawsuit against the company, lawyer says

MAYFIELD, Ky. — Some employees who survived a tornado that leveled their…