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We bought a home that already had a pool. It looks pretty and can be expensive and a lot of maintenance. We didn't know what we were doing for years and yeah, I think it's costly. Others here that know what they are doing likely have lower operating costs and way fewer problems.
We could do that in a neighborhood with a community pool as well. There are several of those near us. I know that's not quite the same but just considering.
If you're going to add a pool to your existing home, kiss virtually dollar you put into - and all the maintenance dollars you put into afterwards ...
i am in a community with a pool. this is preferable to your own. well, until some kid ####s in it and closes it down for days.
See, that's a benefit of your own pool. Some "kid" ####s in it, you scoop it out, throw it into your hated neighbors yard, then CANNONBALL!!
Party at Binky's tonight!
Nah. We're up sizing from our first home and trying to decide the best course of action.
I was recently house shopping and I noticed several houses listed higher due to the pool than similar houses in square footage without pools.
They won't appraise for that value. My house actually had a -10k write down on a 3 year old pool that the owner spend 85k on.
That's the norm. Pools add no value and in many cases hurt the value.
I was looking at houses in the 1600 sq ft range. Most listed in the 600k-700k range all without pools. The two houses we saw with pools were 1500 sq ft and 1200 sq ft. Both listed over 700k. Not saying you're wrong and maybe just delusional sellers but was pretty contrary to popular belief.
I didnt say every pool is worthless or that every pool decreases home value.
Also, this seems to be quite the small sample size, and there could easily be other factors contributing to the pricing of those homes.
I know I wasn't really disagreeing with you per se, just giving some concrete evidence of what I saw. Imo those houses were listed higher due to the pool as nothing else about them were anything special. But I agree, not a large sample size. Most of the houses listed with pools were out of our price range.
That and how much disposable income you have are the real questions. Still, if you live somewhere like Florida, you are probably going to get the most mileage out of a pool. The problem with a community pool is that you typically are facing some unfun HOA restrictions/dues.ghostguy123 said:
HOA in the neighborhood we just looked in is $37 a month so not a big deal. Looking into the rules, too.
You will get your money worth if you have young kids plus get one with a jacuzzi tub attached. Live in northeast and pool open may to October with tub getting more use than pool....it’s a great spot to have conversations with your kids as confine area with no phone...flapgreen said:
