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Old 03-03-2020, 09:41 AM
 
2,267 posts, read 1,216,383 times
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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.
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Old 03-03-2020, 09:44 AM
 
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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.
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Old 03-03-2020, 09:49 AM
 
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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.
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Old 03-03-2020, 10:16 AM
 
Location: Alexandria, VA
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From everything I've read - a pool takes value away.... many people do not want one.
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Old 03-03-2020, 10:26 AM
 
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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.
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Old 03-03-2020, 10:27 AM
 
Location: Florida -
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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.
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Old 03-03-2020, 10:29 AM
 
Location: FL
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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.
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Old 03-03-2020, 10:49 AM
 
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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).
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Old 03-03-2020, 10:59 AM
 
1,185 posts, read 454,149 times
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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.
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Old 03-03-2020, 11:02 AM
 
Location: DFW - Coppell / Las Colinas
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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.
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