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Is this true?

Does an inground swimming pool depreciate the value of a home?

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diamondsarecool

Asked by diamondsarecool at 10:20 PM on Jan. 29, 2011 in Home & Garden

Level 16 (2,942 Credits)
Answers (5)
  • not here in florida!! in ground pool homes have higher sale and higher rental prices!
    itzmyzoo

    Answer by itzmyzoo at 10:23 PM on Jan. 29, 2011

  • YES! well, let me rephrase that.....depending on location yes! The realtor my mom worked with showed her a house in the middle of our city that had an inground pool! Of course being 15 at the time I was psyched but my mom quickly declined..the woman then told her that the pool has been the turning point for that house every time! Its costly upkeep and for certain locations its just not worth it! Not to mention here you have to have special home insurance some kind of extra liability for the pool alone!!! UGG too much headache! But if your not looking at selling it quickly do something to make you happy!
    sweetstkissez22

    Answer by sweetstkissez22 at 10:45 PM on Jan. 29, 2011

  • Not in all cases. The value of my parents property increased with the pool. BUT, they do not live in a development, they live in a rural setting that does not have a public pool nearby. In addition, the location of the pool on the property and the landscaping around it is very attractive and they still have a huge yard.
    layh41407

    Answer by layh41407 at 10:56 PM on Jan. 29, 2011

  • It CAN depreciate the value of the home or make it less desirable depending on how it has been positioned on the property, cared for, landscaped around and maintained! A well positioned, landscaped and maintained home in the right location can increase the value of your home, whereas a poorly maintained one does the complete opposite!

    The problem with inground pools is that MANY people do not want to maintain and pay for the cost of maintenance and upkeep--which CAN be expensive, and filling in an inground pool just as expensive! Then there is the safety aspect--not everyone understands the inherent dangers of pools when it comes to young children, or are good swimmers themselves.

    We have an inground pool, but it is set at the far end of our property, with an iron gate around it and thorny barberries surrounding the outside of the fence so there is only one visible gate/access point.
    LoriKeet

    Answer by LoriKeet at 11:48 AM on Jan. 30, 2011

  • We are in FL and I think at least half the homes in our neighborhood have inground pools. It did slightly increase the value of our home, but it also raised the cost of our home owners insurance.
    slw123

    Answer by slw123 at 1:03 PM on Jan. 30, 2011

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