Selling a house with swimming pool issues (fees, prices, legal)
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We plan to sell our house in the next year. We have a 20 x 40 inground pool in the back yard (vinyl liner type pool)- it was there when we bought the house about 35 years ago.
The liner will need to be replaced before next season-the walkway around the pool should also be replaced. We had several estimates at around $30,000 to have the work done.
My husband would rather just have the pool filled in for around 7-10K or more (depending on how we want to restore the area).
I know some people looking for houses want a pool - others don't- this is a family neighborhood so it is likely a family with several children would buy the house-
So what would you do- fill it in or fix it up? or is there something else we should consider-
What city and state and what price range are we talking.
You likely won't get your $30k back if you redo everything all though that sounds like a really high price.
You likely will need a permit to fill in which shouldn't be too expensive and the building dept will lay out the steps that a contractor will need to take.
What city and state and what price range are we talking.
You likely won't get your $30k back if you redo everything all though that sounds like a really high price.
You likely will need a permit to fill in which shouldn't be too expensive and the building dept will lay out the steps that a contractor will need to take.
We are in NJ- near the Jersey Shore-- house would most likely sell for 350-400K- and believe me- 30K is on the low end-we got much higher estimates than that-
I wouldn't do ANYTHING. If the buyercsays something give them a credit for a few thousand. You're better off doing that than duping 10-30k. Hell even if you give them 5k you're still up 5k.
IMO pools are somewhat of a detriment. They require monthly and yearly maintenance (sometimes a 10 year refinishing etc) and higher electrical and water utility bills. Lots of the older pools can't be legally drained out to the street. You need to drain them in your sewer line.
When I bought a house I looked at pool homes. I decided against it. If I want a pool I'll buy one of those big swim type spas. 10-12k and electrical. When you sell you just leave it. For the most part you just float around in a pool anyway. And those swim spas are huge
I would fill it in, you'll never get the $30,000 k back. Have you checked with realtors in your area? What are their thoughts? Personally I wouldn't be looking for a pool down the shore, but that is just me.
We plan to sell our house in the next year. We have a 20 x 40 inground pool in the back yard (vinyl liner type pool)- it was there when we bought the house about 35 years ago.
The liner will need to be replaced before next season-the walkway around the pool should also be replaced. We had several estimates at around $30,000 to have the work done.
My husband would rather just have the pool filled in for around 7-10K or more (depending on how we want to restore the area).
I know some people looking for houses want a pool - others don't- this is a family neighborhood so it is likely a family with several children would buy the house-
So what would you do- fill it in or fix it up? or is there something else we should consider-
The issue with coping in poor condition is that it takes LOTS of effort to completely remove the old stuff for either "filing the pool in" or switching to a different material. The need to haul away the old material forces many contractors to give very high quotes that include the "tipping fees" associated with taking the old material to an approved landfill.
One of my pals who is now retired used to build /renovate pools for a living. There are good ways to PATCH any broken concrete with specialized epoxy type repair kits and then OVERCOAT the whole area with polymer based products that result in a modern uniform appearance. This sort of project is far more cost effective -- Microtopping Polymer Transforms Colorado Pool Deck from Boring to Beautiful - The Concrete Network
Some unscrupulous firms use the WRONG product for these efforts and the results don't last -- that ruins the reputation of anyone associated with the "polymer topping". There is a world of difference between contractors that are factory trained in using materials that are designed specifically for pool and hacks that are using "garage floor paint" to try to pass for the same stuff.
I agree with the do nothing idea. Disclose what you know, price it appropriately, and see what happens. If it is done in your area, describe the pool "as is".
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