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Old 03-04-2020, 07:46 AM
 
Location: Virginia Beach, VA
11,151 posts, read 12,283,438 times
Reputation: 14883

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A couple years ago my wife and I backed out of a contract based on the results of a pool inspection. The pool looked great but once a professional took a closer look it promised to be an expensive maintenance nightmare. As much as I liked the idea of an inground pool in my own yard I didn't want to be constantly sinking money into it.


I'd pony up to add one to my current home if I had deep enough pockets. I don't view it as an investment in the home value so much as a luxury item my family would enjoy. Still, that's about $40k or more and I just can't justify spending it. We will probably add a hot tub though. Where I live only July and August are truly too hot to use a hot tub; I'd probably use it weekly Sept-June. Still pretty nice thing to have, and way less expensive than adding a pool.
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Old 03-04-2020, 09:27 AM
 
Location: North Texas
1,160 posts, read 379,207 times
Reputation: 2198
Quote:
Originally Posted by Remington Steel View Post
I know many realtors/people say a pool adds little to no value to a house. Is there some type of "general"/average amount most people go by? Say for a 2500 sq. ft. single-story house in excellent condition, 2 years old with a 1 year old in-ground gunite pool in excellent condition. 20%/30%/40%/50%/60%/etc.. value of the pool? Thanks in advance.
Actually I would think it adds a ton of value! Why are people on here thinking it adds none?? But you would have to worry about maintenance and safety which could become a hassle.
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Old 03-04-2020, 09:28 AM
 
Location: North Texas
1,160 posts, read 379,207 times
Reputation: 2198
Quote:
Originally Posted by Flamingo13 View Post
From everything I've read - a pool takes value away.... many people do not want one.
They are crazy. I would die for one. Who are these people you are referring to?!? Many people? BS
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Old 03-04-2020, 09:29 AM
 
Location: southern california
61,304 posts, read 80,212,052 times
Reputation: 55458
Experienced property managers here advise bulldozing your pool -renters love pools- they are good ammo for law suits against owners
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Old 03-04-2020, 09:30 AM
 
2,267 posts, read 1,217,801 times
Reputation: 3708
Quote:
Originally Posted by LilLisa83 View Post
Actually I would think it adds a ton of value! Why are people on here thinking it adds none?? But you would have to worry about maintenance and safety which could become a hassle.
I think it depends on what part of the country you live in and the people who say none live in a colder/northern part of the country. That's why I said I should've listed where I live (Texas).
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Old 03-04-2020, 11:38 AM
 
Location: Durham, NC
774 posts, read 3,310,693 times
Reputation: 1325
I have one on my beach house. Spent $60,000 on it. It added all $60,000 and then some to the value per the appraisal.
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Old 03-04-2020, 12:20 PM
 
Location: Fort Lauderdale, Florida
11,545 posts, read 10,439,127 times
Reputation: 25819
Quote:
Originally Posted by Huckleberry3911948 View Post
Experienced property managers here advise bulldozing your pool -renters love pools- they are good ammo for law suits against owners
Who even thinks like this??

Let's rent a house with a pool so we can sue the landlord!!!

There are much easier and cheaper ways to sue a landlord. Pool homes are usually expensive to rent.
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Old 03-04-2020, 12:31 PM
 
2,267 posts, read 1,217,801 times
Reputation: 3708
Quote:
Originally Posted by Huckleberry3911948 View Post
Experienced property managers here advise bulldozing your pool -renters love pools- they are good ammo for law suits against owners
In the case of a pool, I would take the word over a realtor than a property manager. I mean we are talking about the "sale" of a house, not renting it out.
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Old 03-04-2020, 01:06 PM
 
Location: Tyler, TX, born + raised SF Bay
5,234 posts, read 2,058,006 times
Reputation: 4746
Quote:
Originally Posted by LilLisa83 View Post
They are crazy. I would die for one. Who are these people you are referring to?!? Many people? BS
Lol I’m one of them. A pool would be a hard no for me. Don’t want anything to do with the cost or effort of maintenance.
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Old 03-04-2020, 01:14 PM
 
4,712 posts, read 4,046,867 times
Reputation: 15925
Realtors will tell you that its not so much how much value it adds, but the fact that is cuts your buyer pool (no pun intended) at least in half. If one isnt savvy enough to know how to maintain your own pool, its a must that you have it serviced monthly, and it aint cheap.

I just put in a pool; it was finished in November. I absolutely love it, even tho I havent been able to use it yet. I maintain it myself, and it doesnt cost much, but I have brand new equipment. Its not a "set and forget"; it has to be tested weekly. All that to say, I guess a pool adds value if a buyer is looking for a house with a pool. If not, they wont even consider buying your house.
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