Profile picture for diane137

Does installing an inground swimming pool effect the property value

The neighborhood is benefitial, acre lots, fenced in, brick homes- approx 20k sq ft living space, wood floors, granite, garage.  We would like to install and exercise pool and patio off the deck, already have landscape lighting, gazebo... 
Looking for advice as to whether we would benefit or ever recoup the cost.  House value,currently $300K.
  • June 04 2009 - Greensboro
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (3)

Profile picture for natewolf
20,000 sf living space in the house? For $300k?


How much is the pool / patio cost? In Greensboro, I'd say you may break even, and it might help sell the home faster, but will you make money off of this? Probably not.


But if you get enjoyment out of it, then that must also be factored in as a benefit to your lifestyle. So, if you will enjoy it, then do it.
  • July 14 2009
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Conventional wisdom says no, you will not recoup the costs. Keep in mind also that, while some buyers will be attracted by a pool, others will be deterred by the maintenance, increased insurance costs, and fear of accidents if they have pets or small children.
  • July 14 2009
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

I can't speak to your specific situation because, in the past, whether to add a pool or not was so geographical. Up in Minnesota a pool is a liability due to the short summer.

Here's a link to a recent article that debates the wisdom of adding a pool in light of the recent real estate meltdown. It's from the SF Chronicle, but has information that applies nationwide.

San Francisco Chronicle.
  • June 04 2009
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.