If you’re looking to sell a home with a pool, and thinking it will increase your home’s value when you put it on the market, it probably won’t. While adding amenities to a home typically tends to increase its value, swimming pools are a little more complicated due to the amount of maintenance they require. That fact alone can limit the amount of potential buyers interested in your home. It might sit on the market for much longer than you originally hoped.
A typical in-ground pool can cost anywhere from $10,000 to $40,000 on the LOW end. Specially designed pools cost even more. If you’re the one who installed the pool thinking you could recoup the funds when you sell the home – think again.
Just because you spent $30,000 putting in a swimming pool doesn’t mean the value of the home goes up by $30,000, nor does it mean that a buyer is going to want to pay that much more for the home. If they wanted a pool that badly, they could install a less expensive style in a less expensive home and pay less money overall.
The biggest down side to selling a home with a swimming pool is going to be the cost of maintenance and extra utility bills that they incur. A swimming pool can be incredibly expensive; the extra electricity it consumes and the cost of chemicals and upkeep are going to mount month after month after month, eventually making the cost of owning one a price too high to pay for a lot of people.
One way to sell your home quickly if you own a pool is to work with a real estate investor. These professionals often represent a group of buyers looking for specific properties in specific locations and a couple might just be looking for a home with a pool.