COMMUNITY FORUM

treebeard

06:34AM | 04/07/03
Member Since: 01/14/03
264 lifetime posts
Bvrealestate
What's the general consensus out there...does an in-ground pool add value to a piece of property, or detract from it?

It's always been my uneducated understanding that these things become more of a hinderance than a help at selling time. That they can limit the pool (no pun intended) of prospective buyers. Anyone have a handle on the truth to that? Any agents or pro's out there?

Does it matter what part of the country? (I'm in the northeast, so the "season" wouldn't be the same as Arizona.) Does size of the lot play into this, as in the pool not dominating the lot?

We're deep in discussion about installing one. One of us sits on the "I wanna pool" side of the fence. The other sits on the "I'm not convinced it's a good thing" side of the fence.

What do you all think out there?

Oh, neither one of us will hold anyone here responsible for any good/stupid decision we might make based on your valuable input....:-)

[This message has been edited by treebeard (edited April 07, 2003).]

slider9499

11:27AM | 04/07/03
Member Since: 04/06/03
19 lifetime posts
In-ground do not add any value to the house at all. They may make a home more attractive to a buyer, in an apples to apples world the in-ground pool home would probably win out but for the most part, from an appraisal point of view, they add nothing. In reality they are actually an added expense because homeowner's insurance usually cost more because of one.

rmurray223

09:31PM | 04/10/03
Member Since: 01/03/03
97 lifetime posts
I am going to have to disagree a little bit. They ad value to a certain audience in a real market. Appraisals it has neither heft nor lift in value. For example If the buyers have teenage children and entertain alot then a pool will be a great advantage to them, on the other hand if you have a person who say wants to run a day care or has small children then it is the exact opposite. So consider your ****** market when installing one if resale is a consideration. I have been a realtor for quite a bit now and have good experience with the industry and these are my findings.

bentleyanne

11:20AM | 06/06/03
Member Since: 06/05/03
1 lifetime posts
HURT! I work with lots of people--young, older, single, married, with and without kids and it is extremely rare to find someone who actually wants a pool. In fact, if we do look at a house with a pool they usually talk about filling the pool in as part of the deal if they decide to buy.

retisin

11:00AM | 06/16/03
Member Since: 05/19/03
457 lifetime posts
I think what we have here is a matter of opinion,every house on my block has one of those blow up pools that are about 3-4 feet deep,I think if they could get one they all would.We were going to get one but seeing as we just bought 2 jetskis and a motorhome the $$ for budget on toys this year isn't there.There are buyers out their that would love to get a home with one,but where im from it is pretty high priced to purchase a home with one.
I look at it this way if i could of bought my exact same house with or without a pool for the same price and interest rate.I'd be enjoying a dip right now seeing it's 85 and sunny
You can get all the opinions you wnat but the end decision is yours,do you want it or not?
Pretty tough choice,good luck

plumber Tom

04:19AM | 06/19/03
Member Since: 05/10/03
801 lifetime posts
Alot of pros and cons on this subject. Consider will the homeowner be doing the maintenance? I personally do all my own, but i'm sure pool companies are not cheap. Add the price of chlorine, algaecide, PH uppers,and most important the electric bill to run the pump. If I had my way, my pool would be in the history book. But the wife is wearing the pants, and I have my swim trunks on..LOL

treebeard

10:35AM | 06/19/03
Member Since: 01/14/03
264 lifetime posts
Well, thanks for the input. So far, "she" hasn't brought it up again as there have been just far too many "other" projects that have taken her (and my) attention. The up-side of that situation is that "the perfect spot" for said pool is slowly being reworked and landscaped into service as an entirely differnt use...by her own design. Perhaps she's forgotten all about it.

Care to guess which one of us did not want to pool?

mishpaka

04:03PM | 08/20/03
Member Since: 08/19/03
1 lifetime posts
In my most recent home search, the homes (in FL) that had the ammenities I wanted (an inside laundry room, a workshop, a 2 car garage) almost always had a pool. Those that did not have those special ammenities, with a large yard, did NOT have a pool. Sooooooo.... we have a very nice 18x36' pool and all the trimmings too )

devildog

05:46AM | 09/04/03
Member Since: 09/16/02
250 lifetime posts
I live near you, Michigan to be precise. We can swim for about 5 months unless you have a heated pool. I just bought a house and looked at many along the way. The houses with pools were far nicer than the ones without and my wife and I attributed that to the pool. We thought they had to come down in price to sell the house. Take a look in your area and see for yourselves.
I see this was a little too late, but I wanted to put my 2 cents in.

rmurray223

09:18PM | 09/11/03
Member Since: 01/03/03
97 lifetime posts
thats ok all posts are welcome. you are right homes in Michigan at least in my area (Livingston County) tend to be a little bit higher priced when they have a pool. They cost alot to put in and alot of people just cannot afford them. I am a realtor and most of the homes I deal with are over $400,000 and most of them have pools unless they are on a lake already. Welcome to the forum by the way, I am the moderator for the real estate area if you have questions please email me at reedmurray@michigansfineliving.com
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