I've been helping Real Estate agents move their listings for over 15 years and one thing is definitely for certain - selling a home with a pool hasn't gotten any easier. Why do pools lose so much value to perspective homeowners? The answer according to Pool Contractor is maintnenace & liability.
New homeowners don't want the potential liability and headaches that come with an inground pool. The additional insurance required for an inground pool can be substantial. When asked, homebuyers said that the additional maintenance was a real turn off. It was also harder for agents to move a home where the pool was in disrepair or was in severe need of service.
In the wake of the Covid-19 pandemic, the rise in inground pool sales has swelled says Pool Contractor - sales are up Year over Year as an industry by 14%. Home renovations like kitchen remodels, and bathroom renovations may have taken a severe hit - but backyard renovations are at an all time high. "We're expecting the industry to grow by 10% this year and we haven't even really hit the summer months yet. The demand has been unprecedented."
If this holds true, Real Estate agents could see the effects of this not this year, but certainly next year and the years prior as all these homes with fresh pools hit the market.