Answers (3)
- Nathan Wolf, "natewolf"
- Contributions:1832
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.
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.
- Rob Smith, "Rob Smith"
- Contributions:3
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.
- Michael Emery, "MikeEmery"
- Contributions:8181
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.
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.
Does installing an inground swimming pool effect the property value
Looking for advice as to whether we would benefit or ever recoup the cost. House value,currently $300K.
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