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Old 07-30-2010, 03:24 PM
 
509 posts, read 1,461,420 times
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I live in a subdivision in Wake County and I am curious if any real estate agents on here can advise what impact it would have on resale value of a home if someone's neighbor put an above ground pool in thier backyard?

I cannot imagine having a pool that can be seen is a selling point? I need some feedback as I have a neighbor who is trying to get covenants that prohibit this changed to allow it and I am the direct next door neighbor and do not think this will help my resale value.

Thanks
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Old 07-30-2010, 04:12 PM
 
Location: Raleigh
217 posts, read 373,627 times
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Unfortunately, your issue is lacking too many details to give you a specific answer. The only truthful answer is 'it depends'. There are too many factors to consider - what type of neighborhood, what type of pool, how will it be seen from the street - other yards, etc. I have a past client that bought a $1mil+ home and put up a small above ground pool in his backyard. It's very tasteful and the neighbors don't mind and it has had no impact on the values in the neighborhood.
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Old 07-30-2010, 04:21 PM
 
509 posts, read 1,461,420 times
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It is a nighborhood with homes from 160-220. It is a PUD that already has a pool. No matter what type of fence is put up the pool would still be viewable from my property because they are pretty much on top of me. There lot is .19 acres.
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Old 07-30-2010, 04:28 PM
 
Location: Raleigh
217 posts, read 373,627 times
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If it is a nicely done pool and looks appropriate, it may not have any impact on your value. But if your covenants prohibit it, you may not have to worry about it. That type of change is usually not very easy to get approved.
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Old 07-31-2010, 05:32 PM
 
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Quote:
Originally Posted by wolfcub View Post
It is a nighborhood with homes from 160-220. It is a PUD that already has a pool. No matter what type of fence is put up the pool would still be viewable from my property because they are pretty much on top of me. There lot is .19 acres.
I personally would not want an above ground pool in my neighbor's back yard. For resale, your home would have to be an 11 out of 10 for me to over look the pool. And personally as a buyer, I'd try to use the pool as a leverage point to get a better price.

In our n'hood to change the covenants every home in the n'hood has to vote for the change. Which is virtually impossible. Check your covenants and see what it says about changes.

Our n'hood does not allow any pools. I wish it allowed in ground pools. But I knew it did not when I moved in, so I'm living with it. It's one of those things I decided to accept before we bought the house.

Good luck.
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Old 07-31-2010, 08:47 PM
 
Location: Morrisville
1,168 posts, read 2,018,796 times
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I actually remember from my real estate class an instructor telling us that a lot oftime an in ground pool actually detracts from a properties value because people see it as a liabilty. At least with an above ground pool it can be removed.

My one question would be, if your neighborhood has a community pool, why would these people want their own? It doesn't make sense to me.
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Old 07-31-2010, 09:10 PM
DPK
 
2,761 posts, read 3,064,287 times
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Technically you can "remove" an in ground pool as well by filling it in.

I understand the issue about being seen despite a fence, but what about requiring the neighbor to plant a natural landscape barrier of trees that screen the view?
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