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Answers (5)
- Marlene Alley, "MarleneAlley"
- Contributions:71
Unfortunately, these days, there's ALWAYS liability issues with everything! I would recommend that you get an estimate on how much it would cost to repair the pool, then give me a call or email me. I can do some research on your particular neighborhood. Traditionally, pools do not add a specific dollar value to your property in our neck of the woods (darn winter months!); however, I've had several buyer clients really like that feature - that a house has an inground pool - making them pick that particular home over another one. It really depends on how much money it will take to repair. Once you repair it, you will need to make sure you abide by all the safety issues (contact your home owners insurance agent and make sure they have the update on your coverage), and city ordinances dealing with pools (i.e., must have a 5 foot fence, with lock. . .)
- Harry Newell, "Harry Newell"
- Contributions:50
Both Kevin and Bamkmartin - give you great advice.
- bamkmartin
- Contributions:104
Leave it as is, then when you sell, offer the buyer a 2k allowance to fill in pool or rehab the pool. Ask your insurance company about liability issues.
- Scott Schroeder, "scoschro"
- Contributions:10
There are liability issues that can be lessened by having a locking fence around the back yard, or around the pool.
I always tell my clients that it is impossible to know whether a pool is a good thing or a bad thing. It is completely up to the buyer. I have clients to who say "Oh Perfect!! There's a pool!!" And the very next person to whom I show the house may say "Oh nuts. There's a pool. How much will cost to fill this in?"
Maybe the best course of action would be to put a pool cover over the pool while the house is on the market. When a prospective buyer asks about the pool, you can indicate that it needs repairs or should be filled in, depending on the buyer.
[contact info removed by moderator]
I always tell my clients that it is impossible to know whether a pool is a good thing or a bad thing. It is completely up to the buyer. I have clients to who say "Oh Perfect!! There's a pool!!" And the very next person to whom I show the house may say "Oh nuts. There's a pool. How much will cost to fill this in?"
Maybe the best course of action would be to put a pool cover over the pool while the house is on the market. When a prospective buyer asks about the pool, you can indicate that it needs repairs or should be filled in, depending on the buyer.
[contact info removed by moderator]
If you do the repairs, you need to make sure that you follow local ordinances and laws regarding your pools safety. You need to make sure that your ducks are in a row as far as fencing and pool safety in keeping neighbor kids out of the pool, or else you could get yourself in trouble if something does go wrong.
i am trying to determine if a pool is an asset or a liability. I live in zip code 66202
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