Is it cheaper to buy a house with a pool?

Is it cheaper to buy a house with a pool?

The out-of-pocket costs that come with buying a home are already high, but purchasing a home with a pool is even more expensive. That’s because hiring a traditional home inspector to examine the pool won’t cut it. Most have limited knowledge and training, says Maria Zamora, a real-estate agent based in Addison, Texas.

How much does a house go up in value with a pool?

Real estate experts estimate that an average 14×28-foot inground concrete pool potentially adds 5 to 8 percent to the real estate value of your home. If your property is worth $400,000, you’ll realize a boost to the value of your property of about $20,000 to $32,000.

How much does it cost to build a pool in Jacksonville Florida?

A basic swimming pool installation project can start in the $20,000 – $40,000 range but can easily get into the six figure range when you start integrating custom designs and outdoor living options such as pergolas, pavilions, fire pits and features, pavercape patios and custom kitchens.

What percentage of homes in Florida have pools?

In these areas, an average 71 percent of all homes sold in the past year had pools. Of the luxury homes sold, a full 100 percent had pools, according to the statistics.

Do you regret buying a house with a pool?

Pool Regret #5: The Resale Value Is Low You might think that adding a pool to your backyard would boost your home’s resale value significantly. It won’t. Homeowners with pools only saw a 48% return on investment at resale, according to the National Association of Realtors’ latest remodeling impact report.

Is a pool worth the investment?

Resale Value A pool can increase not only your social worth but also the value of your home. However, the increase is probably not as much as you think. According to HouseLogic, there’s no real guarantee that you’ll make your money back. In fact, adding a swimming pool may only increase your home’s value by 7%.

Are houses with pools harder to sell?

A Home-Selling Obstacle or Feature? It won’t be easy since a swimming pool can actually make your home harder to sell. Many buyers consider it a liability rather than a luxury. Under the right circumstances, however, a pool could boost your home’s value by as much as 7%, Houselogic estimates.

Is a pool in Florida a good investment?

If you’re in a state like Florida or Hawaii, a pool is definitely worth the investment. You can enjoy it year-round and it’s attractive to most buyers. If most of the homes in your neighborhood have pools, you should definitely consider installing one. Not having it could make your home more difficult to sell.

How much value does a pool Add Florida?

Florida’s weather is hot and humid. According to the National Center for Real Estate Research, a swimming pool typically boosts a home’s value by 8 percent – and when you take the above factors into consideration, Florida homeowners may experience a higher boost.