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Old 05-26-2014, 10:38 AM
 
Location: New York
65 posts, read 116,887 times
Reputation: 26

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We are finally ready to buy a house! We are concentrating in McKinney for now...and I see so many beautiful homes without a pool in the backyard....UGH! I know there are community pools but we really want one in the yard. My question is...what is the least amount I can expect to pay for an in-ground pool. Nothing fancy...no spa, waterfall, etc, just a simple pool.

Thanks!
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Old 05-26-2014, 01:52 PM
 
91 posts, read 150,982 times
Reputation: 60
If you want a pool then its almost always a better financial decision to buy a house with a pool vs building your own. Not only you save money but you can avoid all the hassel. You never get a good ROI on that expense at the time of sale. However, cheapest basic pool that I've seen was $25,000.
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Old 05-26-2014, 03:32 PM
 
Location: NYC
16,062 posts, read 26,734,689 times
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I cannot remember the app, but we looked as well, and it was about $25,000 for a basic pool. Most of the houses we looked at without a pool didn't have a large enough lot. Financially it is best to buy one built in already.
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Old 05-26-2014, 08:55 PM
 
Location: Port Charlotte
3,930 posts, read 6,440,025 times
Reputation: 3457
Absolutely buy one with a pool. Loss of 50% or more in cost vs return.
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Old 05-26-2014, 10:16 PM
 
Location: New York
65 posts, read 116,887 times
Reputation: 26
True...but I'm not installing a pool to make money on it. If I own my house for the next 15 years and use it then in my mind it would be worth the money. It's not an investment. I'm just finding so many homes I love that don't have pools...it's frustrating. I know here in NY trying to get permits from the town is a arduous process...just wondering why an HOA might not sign off on a pool.
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Old 05-27-2014, 12:18 AM
 
153 posts, read 225,882 times
Reputation: 169
Instead of axing for possibly uninformed replies on cost, you might consult a reputable pool builder and find out about the suitability of the ground in locations you prefer. Perhaps some locations are not suitable, or might require much more expensive preparation.

My neighbor had an in-ground pool installed, and they had to compromise on depth due to need for more expensive rock removal.

Your mileage may vary.
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Old 05-27-2014, 05:39 AM
 
Location: New York
65 posts, read 116,887 times
Reputation: 26
That is also true Joe...we don't want to purchase a home and then find out we can't sink a pool or it's costly to have one installed.
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Old 05-27-2014, 05:59 AM
 
91 posts, read 150,982 times
Reputation: 60
What is your price range? I can't say about Mckinney but in my area, its rare to find a home without a pool, even where HOA or country club offer big pools. People want privacy and hygiene.
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Old 05-27-2014, 06:38 AM
 
Location: DFW
40,952 posts, read 49,155,879 times
Reputation: 55000
Quote:
Originally Posted by Renu.Uner View Post
What is your price range? .
That's the magic question. I would plan on spending at least 15% of the value of the home in a pool.
If I'm going to install a pool, I want a spa and indoor controls so I can use it 12 months a year.

A nice pool should run at least $50k and in some areas due to soil conditions you can add 50% to any number.

Don't go cheap when buying a pool.
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Old 05-27-2014, 07:38 PM
 
153 posts, read 225,882 times
Reputation: 169
Quote:
Originally Posted by Rakin View Post
That's the magic question. I would plan on spending at least 15% of the value of the home in a pool.
If I'm going to install a pool, I want a spa and indoor controls so I can use it 12 months a year.

A nice pool should run at least $50k and in some areas due to soil conditions you can add 50% to any number.

Don't go cheap when buying a pool.

So, if recommended minimum pool cost is $50K or 15% of home value, then a home valued less than $333,333 is disqualified for a new pool?
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