A story on MSN today discussed to pros and cons of buying a home with a pool. Setting aside personal preferences, I thought about the debate over resale value. Obviously, if you're not going to use your pool, the it's just a hole in the ground that you'll pour money into. But I see value coming from the approprate placement of a pool. If the lot or the house is too small and the pool dominates the yard, then you'll definately hurt resale value. But at a certain price point and lot size, a pool can enhance value. Especially attractive are the pools that blend into the landscape. This way, there's a benefit even when you're not using your pool.
Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator
If the pool shouldn't take up the entire backyard, probably 80% of the homes in the Dallas area shouldn't have the pools that they do. When it's house after house after house, the lots aren't large enough, on average, to have a pool and a yard. It must be regional value.
Jul 21, 2006 05:33 AM
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS
In Florida, you're definitely at a disadvantage if you don't have a pool. Most people don't want to go through the hassle of adding one.
Jul 21, 2006 06:24 AM
Green Lion Realty - North Port, FL
Realtor, Sarasota & Charlotte
I agree with Sharon, in Florida your home is almost expected to have a pool and you are generally at a disadvantage if you don't have one. Your pool can practically be used year round.
Jul 21, 2006 08:17 AM
Keller Williams Realty at the Lakes - Orlando, FL
GRI, CRS, CIPS
We have better resale chances in a neighborhood of homes with pools than those without. Unless the community has a community pool and that is just a bigger hole ..I mean please pond..
Jul 21, 2006 09:29 AM
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome
I have found "the pool decreases the value to be not so"!
I find that only " buyers who want a pool" are looking at these homes. But they say "the pool does not add any value".
Buyers who do NOT want a pool will not look!
Baltimore,Md
Jul 21, 2006 02:09 PM
Rainer
13,907
13,907
Roland Wilhelm
Executive Director - Estates Division
Comments(5)