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Old 06-07-2007, 06:50 PM
 
647 posts, read 3,190,332 times
Reputation: 251

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Quote:
Originally Posted by Jill Warner View Post
They make kit pools now. I guess they are like the above ground pool but you dig the hole and put one of those in for a third of the price of a real pool. I suppose it would be easier to take out.
I think I've seen those! There's a company on the westbound side of the I10 near downtown that has a bunch of pool shells displayed and I couldn't figure out what they were. I had no idea they could just set them in the ground now. Interesting. Thanks for clearing my that mystery for me! I wonder how durable they are. I'd be worried that we'd get a crack and wake up to our house floating down the street
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Old 06-09-2007, 10:59 AM
 
21 posts, read 79,511 times
Reputation: 17
anywhere from 10-30% of the retail cost of the pool. If you paid 40,000 for a pool, don't expect more than 15,000 for value increase. It also depends on the neighborhhod where the home is. A pool in a lower income neighboorhood can actually sometimes decrease the value of the home belive it or not.
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Old 06-09-2007, 11:44 AM
 
Location: State of Superior
8,730 posts, read 14,926,295 times
Reputation: 2859
Quote:
Originally Posted by mtgman3mil View Post
anywhere from 10-30% of the retail cost of the pool. If you paid 40,000 for a pool, don't expect more than 15,000 for value increase. It also depends on the neighborhhod where the home is. A pool in a lower income neighboorhood can actually sometimes decrease the value of the home belive it or not.
That was what I was trying to say..........tactfully.
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Old 04-18-2012, 10:34 AM
 
10 posts, read 26,271 times
Reputation: 14
My friend, a real estate appraiser, told me that a pool in well kept condition can add up to $25k to the value depending on the market location; ie. North Scottsdale vs. N.W. Phoenix. Average is $10-15k. He also said that if the pool is not maintained and kept up to date it could reduce the overall value by just as much if not more to raise it to useful standards or to get rid of. Sometimes I wish I didn't have mine, most of the time I'm glad I do.
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Old 04-18-2012, 10:54 AM
 
47 posts, read 159,082 times
Reputation: 31
Pools = money pit
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Old 04-18-2012, 10:56 AM
 
Location: Oxygen Ln. AZ
9,320 posts, read 17,644,107 times
Reputation: 5742
Quote:
Originally Posted by goatboy 1 View Post
Pools = money pit
Why do you guys drag up these 5 year old posts? Just start a new thread.
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Old 04-18-2012, 11:12 AM
 
Location: Hard aground in the Sonoran Desert
4,866 posts, read 10,127,074 times
Reputation: 7064
Quote:
Originally Posted by MotleyCrew View Post
Why do you guys drag up these 5 year old posts? Just start a new thread.
Because people are regularly told "this topic has already been covered, search for it". We can't have it both ways, allow new topics or don't mind when the old ones get brought back up.

To keep on topic, I paid nearly $40,000 for my pool and when my house was appraised the appraiser didn't even want to talk about my pool adding to the value of the home. Said it was negligible so I consider the $40k spent the cost of enjoying the pool while we live here and nothing I'm going to recover.
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Old 04-18-2012, 11:19 AM
 
17,842 posts, read 39,852,460 times
Reputation: 10544
When my house was last appraised nine years ago, I was told that a pool adds 5,000, which is not much compared to what it costs to put in and maintain. I don't have a pool. That's why I tell people that if you think you want one when you move here, buy a house that already has one.
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Old 04-18-2012, 11:24 AM
 
Location: Hard aground in the Sonoran Desert
4,866 posts, read 10,127,074 times
Reputation: 7064
Quote:
Originally Posted by observer53 View Post
That's why I tell people that if you think you want one when you move here, buy a house that already has one.
No better advice could be offered, if I were doing it again I would find a home with a pool already built and save myself a bundle.
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Old 04-18-2012, 11:25 AM
 
10 posts, read 26,271 times
Reputation: 14
Quote:
Originally Posted by goatboy 1 View Post
Pools = money pit
Pool= money pit
Boat, plane, classic car, motor home, choose your pit and start tossing it in.
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