Profile picture for irish1268

how much value does a pool add to your home?

It's 15x30 with a water feature and wet deck
  • January 05 2011 - Henderson
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Answers (12)

In Las Vegas you can expect an average of around 50% of the pools value on investment return.  So if you spend $40K, plan on pricing your home about $20K higher.  Now there are a lot of variables that come into play as well.  The 50% is an average figure for Vegas area.  Also keep in mind however that when time comes to sell, the house with the pool will sell a lot faster than one without, especially in the Vegas market.
  • May 10
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You will usually only get about $10k+/- depending on the type of pool. You definitely will not get all of your money back from the pool if you installed it originally. This like most upgrades hold more value in a seller's market. In a buyer's market the upgrades do not hold as much value.
  • September 18 2013
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At best, 20-30% the cost of the pool.  A pool does not have a significant impact on value and may bring in a zero return.  Yes, the pool may be important to some buyers, but would turn away others.  Also take in consideration if you live in an area that has a community pool, i.e. may negate the need for a personal pool.  Pools are a decent investment if you personally use it often and it would be important to you.  It is not advised if you are searching for a return on investment.  

  • August 28 2013
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Profile picture for edboner
I usually estimate around 1/3 of the cost of the pool in a "broker's price opinion/CMA'.  In some areas, you will see near "zero" added value...others around 1/3rd. 

If you plan to sell soon, this is not a good renovation.  If you plan to live in the home for some time and like to swim...understand you will simply pay for the amenity. 
  • August 01 2013
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Profile picture for user294775
Is there a reason why so many of the people replying never answer the question? In Las Vegas NV. If you spend $40,000. Would the added value be estimated at $0, $10,000, $20,000? Thanks Stan the pool man, your answer was  great! Many of the others were of no use. The question doesn't ask for an answer of SHOULD I put a pool in.
  • August 01 2013
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Bottom line, do your research. Different market yeild different results. And, something else to consider, there are many insurance companies who place higher liability on homes with pools making the property more expensive to insure, or in some case, uninsurable. You'll want to check with a few different companies to get a quote. And, then of course, make sure that the pool is properly secured. There are even varying city/community regulations on this. This is where a real estate professional can assist. They can make the contacts for you, or free you from the tedious research.

I would never recommend, for example, that someone in the Twin Cities put in an in-ground pool in the hopes of increasing their property values. However, if it was the calibur of home; an executive estate, whereas the consumer expects that feature as standard for that calibur of home, or if you're in a community (let's say Florida) where it's a 'standardized' feature, it may make the home more salable. But, not necessarily higher in value. There is a distinct difference. And, every market is different. -- So, again, it's a matter of knowing what you're getting in to.
  • May 02 2011
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Profile picture for RandyElliott
From what I've seen and what I've been told by an appraiser, NEVER put a pool in and expect to get out of it what you put into it.  As far as cost goes.

Typically, I've seen a home's "value" never be more than $5-$15k in increased value with a standard in-ground pool.  And usually never more than $15-$25k in increased value with a specialty pool with all the bells and whistles.

I'm referring to this current market and not when everyone acted like their pool was filled with cash or they were swimming in money.  Pardon the puns, but I couldn't help myself.  :-)
  • April 23 2011
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Pools typically return equal to their investment, less if the development has a shared pool.  In warm climates and in areas sought out for retirement, they can return more.  Depending on the quality of the pool construction it could change, 15x30 good quality pool in coastal SC, add 30K - 45k 
  • April 23 2011
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Even in very hot areas, you should not expect to break even on your investment.  In the South and Southwest, a pool might help to move your home faster(or it might not!), but it will not increase the value of your home past the initial cost of putting the pool in.  The exact added(or detracted) value will all depend on the condition of the pool and the functional utility of the pool recreational area.
  • March 03 2011
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Given the expense and the liability, I, personally, would never buy a house with a pool. It may improve the value of your property but you will almost certainly never get out of it what you put into it.
  • January 13 2011
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Profile picture for Kaye Norenberg
We owned a house in Arizona that was difficult to sell until we added a pool.  If you are in Nevada this may be the case as well. In Ohio the pool would add little or no value.

 One feature that we added to the pool at little cost was the addition of two jacuzzi jets on the bench area. It was very relaxing while we watched the kids.....
  • January 13 2011
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Depends on the area of the country you are located in. In Michigan, a pool may even detract from the value of the home because of the maintenance cost vs the time you are actually able to use it. In hotter areas, you should get a decent return on your investment.
  • January 05 2011
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