U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-03-2020, 09:41 AM
 
2,284 posts, read 1,283,158 times
Reputation: 3720

Advertisements

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.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 03-03-2020, 09:44 AM
 
1,286 posts, read 1,277,876 times
Reputation: 3892
IMO, none. In fact, I would make the the condition of any offer that I write that the pool be taken out and filled in.

A pool is a very polarizing factor for a lot of buyers. There are some who absolutely must have one, some (like me) who wouldn't have one in any case, and almost nobody who doesn't care.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 09:49 AM
 
2,284 posts, read 1,283,158 times
Reputation: 3720
Quote:
Originally Posted by semispherical View Post
IMO, none. In fact, I would make the the condition of any offer that I write that the pool be taken out and filled in.

A pool is a very polarizing factor for a lot of buyers. There are some who absolutely must have one, some (like me) who wouldn't have one in any case, and almost nobody who doesn't care.
Not where I live.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:16 AM
 
Location: Alexandria, VA
13,063 posts, read 23,450,249 times
Reputation: 20591
From everything I've read - a pool takes value away.... many people do not want one.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:26 AM
 
2,284 posts, read 1,283,158 times
Reputation: 3720
Quote:
Originally Posted by Flamingo13 View Post
From everything I've read - a pool takes value away.... many people do not want one.
Wouldn’t that depend on the area and the neighborhood comps? I would say every 5th house in our development has a pool.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:27 AM
 
Location: Florida -
10,116 posts, read 13,009,295 times
Reputation: 21378
It depends on where one is located. In South Florida (below Orlando), a pool is generally considered a plus, except for those who don't want one due to safety or maintenance issues.

Above Orlando ... and particularly North of Gainsville (including the Fla. Panhandle and of course, anything North of Florida), a pool requires 12-months of maintenance for 5-6-months of use. Even if one has a heated and enclosed pool, heating a pool between October-March in North Florida is an expensive proposition. And, even if the water is warm enough, who wants to swim when it's 50-degrees or below outside?

We've talked a number of times about heating out Condo pool, particularly over the winter holidays, but, invariably the cost versus the real potential users - makes it a losing proposition. Still, there are some who choose to use the outdoor hot tub during that time, which is much more manageable expense.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:29 AM
 
Location: FL
297 posts, read 516,024 times
Reputation: 744
Depends on location. Where I live, swimming season is at least 6 months, longer if the pool is heated. I don't know how much the pool we built added to the appraised value of the house we sold. For the house we purchased, the appraiser added $10,000 for the pool.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:49 AM
 
3,287 posts, read 6,555,830 times
Reputation: 7735
Location matters for sure. I expect a pool would be a negative, in, say, Minnesota.

(Not to single out MN, think about a state in the far north).
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 10:59 AM
 
1,185 posts, read 490,591 times
Reputation: 2398
Quote:
Originally Posted by Remington Steel View Post
Wouldn’t that depend on the area and the neighborhood comps? I would say every 5th house in our development has a pool.
Then ask realtors in that area.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 03-03-2020, 11:02 AM
 
Location: DFW - Coppell / Las Colinas
38,051 posts, read 42,596,583 times
Reputation: 47136
The hotter the weather, the bigger the demand for a pool.

I've had many a client move to Texas from the North in the summer say they want a pool with a house attached to it.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top