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Old 03-06-2020, 11:04 AM
 
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It depends on the market ie Florida or southern California for example. But people who had experience with them probably could buy in a home without them because of maintenance, insurance and/or safety issues with children.



Would the home be targeted towards a younger buyer because that's who I'd say would be the mostly likely candidate to pay a little extra for a pool. The wow factor would probably play better to them not the experienced home owner.
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Old 04-10-2021, 06:07 AM
 
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Just an update to this thread. We recently got our 2021 county property appraisal and it listed our pool (improvement) as an additional $25,680 added value.
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Old 04-10-2021, 06:29 AM
 
Location: Virginia
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Quote:
Originally Posted by Remington Steel View Post
Just an update to this thread. We recently got our 2021 county property appraisal and it listed our pool (improvement) as an additional $25,680 added value.
That just means you'll probably now pay more real estate taxes. It doesn't necessarily translate to a larger selling price when/if you sell the house.
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Old 04-10-2021, 07:21 AM
 
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Originally Posted by Bungalove View Post
That just means you'll probably now pay more real estate taxes. It doesn't necessarily translate to a larger selling price when/if you sell the house.
We are exempt from paying property taxes.
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Old 04-10-2021, 08:09 AM
 
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As others have said it’s location dependent, but I also think season dependent. There is a house in the small town I am moving to that received the biggest bidding frenzy my realtor had ever seen. I saw the house last week, and the house was lovely, good floor plan, nicely decorated, but had a 20+ roof and mechanicals. But, the standout feature was the screened in porch, deck, and above ground pool. I suspect if had been out on the market in the fall it wouldn’t have gotten nearly the feeding frenzy that it did.

It wasn’t for me, because a pool wasn’t fenced (the yard was but not the pool), and an untended pool with a toddler sounds like a nightmare. It was gorgeous though.
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Old 04-10-2021, 09:14 AM
 
Location: Not the end of the Earth, but I can see it from here
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In Florida, pools are common. Adding a pool to new construction, depending on the complexity and size, will typically add about $30k to the price, maybe more depending on the builder and amenities. This typically includes a screened enclosure.

Do it after the fact and it will cost easily twice that if not more.

I would say, based on the homes I've owned with pools, that it adds maybe $20k to the value and that's probably the top end. Tax wise it's about the same - you'll pay taxes on $20k of improvements.

For the most part a pool doesn't add a lot of value here. They're fairly common, so in a direct comparison the property with a pool will cost more, but not significantly.

RM
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Old 04-10-2021, 11:04 AM
 
Location: Mckinney
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I live in Texas. At best you may get 50% of you costs back when you sell it. Get pool because you want to have one and use it. Not for resale. I put my first one in 2 years ago and love it, but I didnt do it for resale.
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Old 04-10-2021, 12:01 PM
 
Location: Not the end of the Earth, but I can see it from here
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Originally Posted by mikestrong View Post
I live in Texas. At best you may get 50% of you costs back when you sell it. Get pool because you want to have one and use it. Not for resale. I put my first one in 2 years ago and love it, but I didnt do it for resale.
^^^^^
This.

A pool will never add (significant) value, nor will you recoup the cost if you're building. Do it because you want it.

The nice thing about a pool, if you have a home set up with sliding doors and get a pool "cage", it adds to your living area for a portion of the year. Being able to open the sliders and move freely in and out while enjoying the lanai essentially makes your home larger.

RM
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Old 04-10-2021, 02:42 PM
 
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Maybe it’s different now during the pandemic, but here in SW FL buying a house with a pool will cost anywhere from $50,000-$120,000 more, depending on the size of the pool, whether there is a spa and/or an outdoor kitchen.
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Old 04-10-2021, 03:47 PM
 
Location: North Idaho
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Its a big negative where I am located and a house with a pool would be hard to sell, but I think a pool would help to sell a house in an area where the weather is warm enough to use a pool year-round. Probably not get all of your costs back, but it would be a plus in selling.


I suspect that those $250,000 pools with grottoes and waterfalls probably increase the sales price. I've seen some that are super attractive. But I don't know how much of your investment you would get back.
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