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Old 08-15-2015, 11:18 AM
 
6,738 posts, read 2,895,965 times
Reputation: 6714

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Quote:
Originally Posted by wit-nit View Post
Not necessary. Ask any realtor, pools can be a detriment and a home lose value with a pool. In our community homes with pools have a hard time selling.
Does an In-ground Pool Add Value to a House? - Real Estate News and Advice - realtor.com
A: How about maybe yes and maybe no for an answer? There is no set percentage of value increase or decrease for an in-ground pool. Unfortunately a pool is one of the poorest “improvement” projects you can make to a home. Previous experience tells us that it’s likely you will never recoup your investment.
You obviously don't live in So Calif..!
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Old 08-15-2015, 02:45 PM
 
1,902 posts, read 2,024,743 times
Reputation: 4148
Quote:
Originally Posted by K'ledgeBldr View Post
Very few- as in VERY FEW areas of the country have pools as "assets".
Residential pools are generally "$0.00" when it comes to resell. Even in appraisals.
Every place I have looked at homes in the south, southwest and west coast a pool adds about 8-12%. Thats not VERY FEW. Thats like half the country. I was siting with my realtor and her boss in house I was interested in going over the numbers. My wife was saying that she thought the price a little steep. I asked to borrow the calc that the realtor had and I punched in what I thought the just the house alone was worth, my wife agreed with the number, then I added 8% to it and it came out very close to what the asking price was. My realtors boss asked if I was interested in being a realtor because he had been trying to teach some of his new realtors for months how to price a house with a pool. We laughed and I give an awkward look at my realtor who was new, which is why the boss was with us I guess.

I did not offer on that house, we found one we liked better the next day. Yes the boss was a bit of charismatic jerk, but lots of successful realtors are that way.
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Old 08-15-2015, 02:53 PM
 
892 posts, read 1,494,405 times
Reputation: 1870
Quote:
Originally Posted by Sculptor View Post
Good grief what excess people have now, a 2000 sq ft GARAGE??? that's double the size of my entire 2 bedroom house, for a freaking garage!
I hope you research what the heat and a/c costs will be with rooms having 14 foot ceilings!
And I'll bet you'd be one of the first to complain to the city about the ugly old trucks I have in the driveway too, or the tools and equipment living outside...or perhaps the noise every time I fire up a grinder or pneumatic hammers...

Perhaps you'd like to explain how I'm going to fit an automotive lift that has 13.5 foot high towers in a standard garage? Or my 30 foot long equipment trailer that no one wants to see parked outside (nor do I want it baking in the desert sun all the time either)....
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Old 08-15-2015, 08:32 PM
 
Location: headed out of socal
166 posts, read 185,535 times
Reputation: 273
Steal dirt from your neighbors LOL that would be hilarious, neighbors look outside they see random holes HAHAHA!!

Then just fill in the pool with dirt, and either remove or jackhammer the concrete, OR just keep it and turn it into something! Like a garden or fire pit. Or you could even uproot the existing tiles and make a nice walkway for free! The sky is the limit! (not literally)
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Old 08-15-2015, 08:35 PM
 
Location: headed out of socal
166 posts, read 185,535 times
Reputation: 273
Quote:
Originally Posted by wit-nit View Post
Not necessary. Ask any realtor, pools can be a detriment and a home lose value with a pool. In our community homes with pools have a hard time selling.
Does an In-ground Pool Add Value to a House? - Real Estate News and Advice - realtor.com
A: How about maybe yes and maybe no for an answer? There is no set percentage of value increase or decrease for an in-ground pool. Unfortunately a pool is one of the poorest “improvement” projects you can make to a home. Previous experience tells us that it’s likely you will never recoup your investment.
Quote:
Originally Posted by Grumpy ol' Man View Post
You obviously don't live in So Calif..!
agreed, plus I would like to have a pool so I could go swimming without swimming through people's filth and feces that is in community pools.
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Old 08-15-2015, 09:20 PM
 
Location: Fort Lauderdale, Florida
11,936 posts, read 13,053,397 times
Reputation: 27078
Quote:
Originally Posted by K'ledgeBldr View Post
Very few- as in VERY FEW areas of the country have pools as "assets".
Residential pools are generally "$0.00" when it comes to resell. Even in appraisals.
Just taking in the populations from Southern California, South Florida, Las Vegas, and the greater Phoenix areas where pools ARE an asset and do drive up home prices you are talking about almost 30 million people. That is hardly very few areas of the country.

Quote:
Originally Posted by justanokie View Post
Every place I have looked at homes in the south, southwest and west coast a pool adds about 8-12%. Thats not VERY FEW. Thats like half the country. I was siting with my realtor and her boss in house I was interested in going over the numbers. My wife was saying that she thought the price a little steep. I asked to borrow the calc that the realtor had and I punched in what I thought the just the house alone was worth, my wife agreed with the number, then I added 8% to it and it came out very close to what the asking price was. My realtors boss asked if I was interested in being a realtor because he had been trying to teach some of his new realtors for months how to price a house with a pool. We laughed and I give an awkward look at my realtor who was new, which is why the boss was with us I guess.

I did not offer on that house, we found one we liked better the next day. Yes the boss was a bit of charismatic jerk, but lots of successful realtors are that way.
Yes, here in South Florida it is about 8-12%.

To the OP, it sounds like it would cost you quite a bit to have the pool removed. I'd pass on the home.
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Old 08-15-2015, 09:45 PM
 
Location: Out there somewhere...a traveling man.
44,593 posts, read 61,412,482 times
Reputation: 125666
Quote:
Originally Posted by Grumpy ol' Man View Post
You obviously don't live in So Calif..!
I did at one time live in So Cal (San Gabriel area) and we had no pool, none of our neighbors had one either. Now I live in a suburb of Phoenix with over 24,000 homes in our community which there only about 15 pools. Homes in our area with pools are difficult to sell.
Some of you didn't read the realtor report where maybe yes maybe no....
Most people I know of with a pool say they enjoyed the day they first could use it and were happy to sell and get away from it.

BTW it was 117 on Friday in Phoenix, your pool would be too hot to use.
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Old 08-16-2015, 04:36 AM
 
1,902 posts, read 2,024,743 times
Reputation: 4148
Quote:
Originally Posted by wit-nit View Post
BTW it was 117 on Friday in Phoenix, your pool would be too hot to use.
Not if you stretch a sun shade over it and run aerators/fountain at night. You could also put in a heat pump and knock another 10 deg off it.
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