Thread: Adding A Pool to Your Property

Originally Posted by CreditCardRadio.com

I was just curious what the Realtors think about adding a Pool to your property to add value. I live in Florida and have been thinking about adding a Pool onto the house. Is is worth it though. I know I will enjoy having the pool but how much does it really add to the value of the home if I have it appraised or if I go to sell the house in a few years. Thanks for any reply's.

In a market like Florida you may recieve up to 50% of the cost of putting the pool in. On the up side homes with pools in the sun belt usually sell faster than home with a out a pool. However, you are thinking of putting it with the idea of adding value to the home it just doesnt make sense. So, make sure the benefits of having it is your primary reason for putting it in.

Pools can add attraction, value? Probably but If you really want to make your home valuable to attracting buyers you should make significant changes as well. I live in Miami-Dade county and I have 3 homes which I sold with no pools, when I sold a home there with an average pool my realtor told me we have 32% increase because of it. They call it "add-ons" and I think it can help but it's up to you.

it is rare for 100% cost of a remodeling project to be recouped at resale and the amount that can be recouped varies greatly. generally speaking, pools do very poorly in terms of cost recouped, but if you want one then they can certainly be enjoyable to own. here's an article about the resale value of pools from move.com:

http://www.move.com/home-garden/remo...t-dive-in.aspx

Really depends on the neighborhood as well. I live in Hillsborough County (Tampa Area) and some neighborhoods they are only give 6k for a pool (appraisals) where as others they may give as much as 50%...if you are going to put in a pool, put it in because you want it

Originally Posted by RobM

Really depends on the neighborhood as well. I live in Hillsborough County (Tampa Area) and some neighborhoods they are only give 6k for a pool (appraisals) where as others they may give as much as 50%...if you are going to put in a pool, put it in because you want it

I couldn't agree more. You will never get out what you put into a pool, but if your home is the only one in the neighborhood that doesn't have one you home becomes very hard to sell. Don't do a pool for an investment, do it for enjoyment.

I agree with Mike.

It really comes down to your area. In Kentucky, most pool's value is fairly much ZERO to slight negative value as there is limited use for a few months relative to the amount of maintenance/cost and potential liability associated with it.

If you want a pool, do it for your enjoyment.

I agree don't put in a pool to add value to your home do it for your pleasure.

hi guys just wanna ask something when making a pool what do you think is the regular size in terms of length and depth of the pool???

The first golden rule of investing is to diversify your portfolio. Even though high paying categories are always lucrative, the risk factors involved are even higher. Direct commodity investment is advisable only for market savvy investors, who keep a close tab on the market. Stocks, bonds etc should be a part of your saving instruments and all of it. Commodity oriented mutual funds and other such indirect investments though are less risky, they are not exactly what we term as