Swimming pools can be a real joy. If you've got a young family they offer hours and hours of fun. The downside is that come sale time, too many home owners mistakenly believe that their swimming pool is a reason to set a higher asking price or will lure potential buyers in like moths to a flame.

No doubt about it, selling a home with a swimming pool can be a tricky job. The truth is swimming pools aren't for everyone. Some home buyers love'em, and some plenty hate ‘em.swimming pool

So, if your ‘for sale' property has a swimming pool, here's the 5 most common  selling myths  - busted.

1. A pool will had value. I'm afraid that, as a rule, they don't.  When putting in a pool, you should be aiming to spend around 10%- 15% of your home's value. But that doesn't mean that your home will be worth 10%-15% more at the end of it. The best reason to put a pool in is because you want one and will use it, not because you want to add value to your property. There's an old rule of thumb for home buyers wanting a pool for the kids - buy a house with a pool. The reason? Well, first of all the hard work is done, but mostly it's because the pool is almost considered a free gift.

2. A pool will make my property more saleable. Yes and no. If you were to take a satellite shot of your neighbourhood that showed a lot of little blue dots all over, then yes, a pool may be a very saleable asset. But the one thing you can't get away from when it comes to pools is the maintenance. Maintenance means time and money and there are plenty of people looking to buy a new home with not a lot of either to spare. Word of warning; Sacrificing valuable yard space in an already small backyard, is a definite negative.

3. Upkeep isn't important if I'm selling during the cooler months. No matter what time of year you're selling, if you have a swimming pool you MUST keep it looking sparkling clean all year round. Rain, hail or shine. Ignoring pool maintenance at any time when you're selling will just let you and your property down.

4. Buyer's love a spa. Spas are the #1 home improvement that home buyers DO NOT CARE FOR. The truth is, you'd be better off putting a (portable) spa into storage, and giving your home back the space to be used in more practical ways.

5. Pools just sell themselves. There are few things in the world that simply sell a themselves. For your home's swimming pool to be a genuine asset you'll need to treat it like any other room in your house. Keep it clean and well maintained, then add some style to give a real sense of lifestyle. That will rev up that all important buyer appeal at your place - inside and out.

Have you got any thoughts on swimming pools and selling?

Room Remedy Interiors

"Ready, Set, Redecorate in a Day"

Sydney, Central Coast, & Newcastle

Find out more about us at www.roomremedy.com.au

 
Post is included in group: Everything To Do With Real Estate
Post is included in group: Realtors & Home Stagers Information Exchange
Post is included in group: Stage It Forward...
Post is included in group: Staging Secrets

5 Comments on Swimming Pools and The ‘For Sale’ Property – 5 Myths Busted.

APR
02
2010
517,593 Points Outside Blog Called Shot Master

I'm a pool sort of guy and love them but some absolutely hate them.  What you have said is right on.

12:32am • #1
2 Featured Posts

I would love a pool. I hear they don't add value. I understand why they don't but I sure would like one in my next back yard! -Ingrid

12:33am • #2
214,957 Points 2 Featured Posts Localism Sponsor Called Shot Master

You can tell when a homeowner get tired of maintaining a pool. It starts to look run down. Good information for a seller.

12:52am • #3
APR
03
2010
1,030,837 Points 238 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Donna- You're right about putting in a pool if you yourself want one.  If you did a Google Earth search over South Florida, the communities would be dotted with pools.  But if you can't maintain it, then don't bother. Or if you're planning on putting one in, make sure you do it right and have it designed to fit in with your back yard.  In one of my client's yards, the only space for one was off to the side.  You couldn't really see it from the Family Room or any other area.  Putting it in was not the best use of their funds.

10:58am • #4
SEP
23
330,867 Points Outside Blog

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Sunny San Diego

9:15am • #5


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
L23hm-10526449-02

Donna Ross Home Decorating, House Staging, Sydney

Salton City, CA

More about me…

Room Remedy Interiors, Sydney, Australia

Address: Sydney, NSW, Australia

Email Me



Links

Archives

RSS 2.0 Feed for this blog