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how much does a pool increase a propertys value?

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January 29 2011 - US
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Pools  don't always add value. This is a personal choice, 

 But do keep this in mind when purchasing a house make  sure  there is enough land to add a pool for future sale of the home. The next buyer may  want to add a pool. 
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October 09 2013
You will find (as time passes) there will be many taxes raised (and created) for any reason the counties and or states can find to bring in
more money.
Seems that everywhere you turn these days that working class
Americans are being used to pay the bill across the board.
While our tax dollars are being used everywhere but where it should be used...In our communities.
-Joseph-

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October 09 2013
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I live in Bordentown, NJ and recently installed an in-ground pool in my backyard.  Although my pool only cost me $23K to install, my tax assessor added a value of $24K+.  It's amazing that the tax assessor would expect a ROI of over 100% for a pool, which in turn increases my property tax by $700 per year.  Needless to say, I'm fighting this as the tax assessor is only trying to increase tax revenue without being the slightest bit realistic regarding true resale value...

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October 08 2013
In Texas a pool is among the top requests for alot of buyers. You must realize that the addition of a pool will not bring back a full return on your investment. Pools are desirable to many buyers, but that is normally not a deciding factor on buying one home over the other. The home is still the major item and a pool can be added if there isn't one.
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February 25 2011
in a lot of areas it can have little or no impact on price. In fact a lot of buyers in our area do not want a pool
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February 25 2011
It obviously depends on your location and the size and condition of the pool, but it will generally decrease the value unless you live in Florida, Texas, Arizona, California and other areas where a pool is more the norm than the exception.  Think about it, the majority of homeowners do not want to be strapped to a pool and its maintanence for the rest of their lives. 
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February 25 2011
 In my town in Massachusetts we're assessed $100.00 for an inground swimming pool.
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February 21 2011
In Charlotte about $0.
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February 15 2011
Here in California, Southern California, I attended an overview training class for appraisers.  At the meeting the instructor said that on average they will add $10,000 for a normal in ground pool.  The shock wave that went through the class was a big "WHAT ?".  The instructor said that he knew pools can cost $50,000 or much more, but the appraisers will not consider them at anywhere near that dollar value. 
That said, If you want to build or already have a pool, you should plan on enjoying it for what you want, not for re-sale value.
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February 15 2011
Although it depends on your location, as others have said, a pool generally decreases property value - especially an in-ground pool.  Put one in only if you're really going to use it.
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February 15 2011
Answer depends heavily on location.  Here in Massachusetts, where the pool season is at best 4 months long, they are often a liability.   Maintenance costs and insurance outweigh the positives for all but the most pool-devoted folks. 
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February 15 2011

Value depends on type and size.  Typically, an inground, screened pool in good condition could add as much as $20,000 in market value to an average home in Florida.  However, this is a luxury item and adds cost of ownership expense some buyers do not want at this time. The cost to add a pool could easily cost more, but may not be realized on sale.

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February 03 2011
Locally its safe to say its an automatic -$25,000 off the overall value if a home has a pool
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February 03 2011
WHAT state are you in ? Here in California - everyone wants one. Some other states - not so much...
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February 03 2011
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In some places pools may add a little bit of value when in tip top form, in other areas pools can decrease value.   Having a pool can also limit one's buying audience.  Some potential buyers won't consider a house with a pool.  

We had a house with a pool for a few years, and found that the cost of routine maintenance was for two to three months of use per year was far higher than the cost of two annual memberships to a premium health club with a superb Olympic size pool.
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February 03 2011
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February 03 2011
 
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