Learn. Share. Connect. (52,310 Members)  - Join

Site Tools

Join Now or Sign In
for Full Access to All Features

Local Professionals
(Change Your Location)

Please add 4 and 4 and type the answer here:
Mortgage Rates
30 Yr FRM 4.83% -0.08%
15 Yr FRM 4.32% -0.04%
1 Yr ARM 4.35% -0.11%
5/1 Yr ARM 4.25% -0.04%
30 YR Tres 4.30% 0.01%
Fed Prime 3.25% 0.00%
Q: How much does a inground swimming pool add to the selling price of a home?
  • Believe it or not, an inground swimming pool can be viewed as more of a detriment than an amenity.  The potential liability can increase the insurance premium.  Some prospective buyers may look at the upkeep as an unnecessary expense and will factor in the cost of removal or the filling in of an inground swimming pool into an offer to purchase.  There is a smaller pool of buyers, pardon the pun, that is interested in a home with a swimming pool. 

    That said, the setting of the pool may be of some value in that if it is in an attractive setting within the bounds of the property, it could be a selling feature.  A home first and foremost is a residence.  And what is important to you as a homeowner, may not be as important to a potential buyer.



    Your best avenue is to find a Realtor who specializes in the sale of homes with pools.  Those agents will know how to best market your home to those who have a pool on their list of 'must haves'.  It is important that the right audience see your property.  And that audience must not view the swimming pool as a bonus or liability, but as a necessity.


    Answer Submitted on Wed, Nov 12 2008

    Rate this Answer:
    Answer Contributed by: MisterVA
    Paul Chandler, Certified Mortgage Professional
    Blog: www.misterva.typepad.com
    www.misterva.net
    Prime Lending
    Jacksonville FL



    Certified Mortgage Professional in both New Hampshire & Vermont.
    Licensed Mortgage Broker in Florida
  • The answer to that question is also directly related to the region in which you live. If you live in a more northern region, it could have a lower value, or even be a liability, as stated in one of the other answers. If you live somewhere like AZ, for example, it will be worth more. It seems like historically they add about half of what you can get them put in for. Age is also a factor. If the pool needs replastering, it could cost you about $3k on a basic in-ground pool; maybe more. It could cost about $1k if you have to go through a sand filter, new pump and 1.5hp motor. A new pool vac is about $300-400. If you have to re-do the kool-dek on a basic package, you could spend $2-3k. Some simple patching is a fraction of that.

    If you are selling it as an investment property which will become a rental house, investors usually run from pools, since they represent higher liability.


    Answer Submitted on Mon, Nov 17 2008

    Rate this Answer:
    Answer Contributed by: Anonymous
Submit Answer
This page has been accessed 2,175 times
Have more questions?  Visit our Consumer Forums and discuss your questions with our network of industry professionals.

Important Disclaimer: Questions and answers provided on the Mortgage News Daily Wiki are general information, and are not intended to substitute for informed professional financial, tax, legal, investment, accounting, or other professional advice. Mortgage News Daily does not endorse, and expressly disclaims liability for any product, service or service provider mentioned or any opinion expressed in these questions and answers. Please read carefully the Mortgage News Daily Wiki Disclaimer.