Hello once again, Blogees...

The question is: does a pool add value to real estate? The answer is, generally, yes. At least in our area. The next question is: how much value does a pool add? The answer to that: not as much as it costs to put in a pool.

I've worked with many Buyers that want a pool, and even some that would not consider a home without a pool. I've also worked with Buyers that would not consider a home WITH a pool. In fact, my brother-in-law just purchased a home here recently and fit into that camp (much to my disappointment, I wanted a pool in the family and we are at least two years away from ours being built!).

Depending on the size and quality of the pool and the home, a general rule of thumb is that the pool can add about half of its cost to the value of a home. A $20,000 pool equates to roughly $10,000 in property value. So, if you're thinking a pool is a great investment, you may want to re-think that idea...at least financially. If you're going to add a pool, do it because you want one for your family, and make sure you'll be in the home a while to get more out of your investment.

Redneck swimming Pool


In the pictured example, the cost of the pool was roughly $2.50--thus the value added to the home would be about $1.25. ***Editor's Note*** This is only an example and approximate value--hah!

Of course, as always if you have questions, please call the real estate authority in Central Texas, the Real Estate MarketPlace at (254) 953-5911. You may now go back to your regularly scheduled lives...