Why A Pool Doesn't Always Add Value in Northern Virginia

By
Real Estate Agent with Associate Broker, Momentum Realty

Whenever a Reston, Virginia client with an in-ground pool considers listing their home, they are always surprised when I tell them that the pool generally ends up neither adding nor subtracting from the value--it is a net-neutral.

Especially here in Reston, where all members of the mandatory Reston Association are entitled to go to any one of 15 pools, having your own is not necessarily a plus! There are a wide variety of pool types from kid in a poolthose designed for young children to pools for competition--and everything in between.

Of course, there are always folks who 'just want one.'  There are, however, just as many who say, 'you couldn't pay me to have a pool.'

It might be the upkeep, the responsibility or the hassle that keeps someone from buying a house with a pool, but it can also be a costly proposition, as explained in the August 11, 2010, Wall Street Journal Article, 'Taking a Bath on Your Pool.'

If you are in the group that has always wanted a pool, go ahead and get one. Just be aware that in a market like Reston, Virginia, you should not expect to recoup the costs of installation. And it can make your house more of a challenge to market when you go to sell.

I can help you find properties either with, or without, a pool in the Reston, Virginia and Northern Virginia area. Please let me know how I can help you find your dream home!

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 Momentum Realty

A GREAT Real Estate  experience.

If I can help you, your friends or family buy or sell their next home in Northern Virginia, please let me know!

If you need help with a home outside of Northern Virginia, I have an extensive network of referral agents and will make sure you are working with the best!

The contents of this blog may not be copied or reproduced without the permission of Holly Weatherwax.

 

 

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Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Howard County & Catonsville

This is a similar train of thought in Maryland. The pool can only be used for about 5 months of the year and there is a lot of maintenance involved. A few of my clients had a lot of damge to their pools thi year because of the snow. It's personal choice.

Aug 12, 2010 11:58 AM #1
Rainmaker
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Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

Swimming pools are definitely an acquired taste or desire.  In my aread I have seen only a dozen homes ever sell with an outdoor pool, and of those homes more than half of them had the pool filled in as a condition of the sale.  Pretty sad, but true.

Aug 12, 2010 03:07 PM #2
Rainmaker
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Charles McDonald
Charlottesville Real Estate Solutions - Charlottesville, VA
REALTOR®, Blogger, Principal Broker®, Owner

It is the same here. We have a pool and I told my wife we better enjoy it because it adds no real value

your friend in Charlottesville

Aug 18, 2010 04:38 AM #3
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