Should You Add a Pool?
To add a pool or not to add a pool - that is the question. For many people, the answer is easy: of course add a pool! Why not add a pool? The kids will love it! It will be great to relax in on those hot Orlando weekends! It will add resale value to my home! Well, the first two are correct, at least.
In reality, a pool is a depreciation item. One of my appraisal friends has told me that for a house in the $150,000 - $200,000 range, an open pool is worth about $10,000. Does that add to the eventual sale price of your home? Sure it does, but when you consider that a basic pool often starts in the $25,000 range, it becomes obvious that you won't be making that money back when you sell your home. On top of that, there are also some potential home buyers who view a pool as a negative, considering it too much hassle to keep up with or too risky for little kids. These home buyers will often not even look at a property if they know it has a pool that they won't need or want.
That's not to say don't add that pool that you have always dreamed about. The value of you and your family enjoying your time swimming in the backyard during the summer is in a completely different league from the value that pool will have when it's time to sell. Just remember that a pool is a depreciation item. Or, if possible, the next time you buy a home, get one that already has that pool of your dreams and let someone else take the depreciation!
If you have any questions about finding a home with the right pool for you and your family, or if you have any questions about Central Florida homes in general, please don't hesitate to contact me or email me directly. You can also call or text me at (407) 421-1052!
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