Thursday, May 25, 2006

POOLS!


Pools, good thing or not?

This video podcast, in my opinion, wasn't filmed very well. (No offense to my video producer!). It was filmed at a pool that was not full yet and it really needed to be cleaned up. But it got my point across about pools. I'm curious to know what you think, did you watch the video?

The biggest piece of advice I can give about pools to anyone who is considering selling your home is this: Don't put in a pool just to get your home sold faster. Yes, 'tis the season for pools and everyone loves the idea of a pool, but no buyers wants to pay you the same amount of money that you put into installing the pool. Now, if you're going to stay in the home for awhile and you want a pool, then great! Put in the pool and invite me over for a summer time pool party! :) If you and your family will enjoy the pool, then put one in. I don't want to discourage you from having a pool, I only want you to be prepared for the fact that you probably won't get out of it what you put into it. Therefore, it is not a smart idea for you to put the money into a pool if you plan on turning around and selling your house because most buyers won't pay you that much more for your house.

Tell me what you think...Imagine that there are 2 identical houses for sale next door to each other...one has a pool and one doesn't have a pool. The one house that has a pool is priced $20,000 more than the one that doesn't have the pool. The only difference in these two houses for sale is a pool. Keep in mind, you're living in Springfield, Missouri so you can only use the pool for approximately 4-5 months out of the year. Now which house would you buy, the one with the sparkling pool or the one that has no pool and is $20,000 cheaper? Now I wanna know your opinion...comment on this post.

Until next time...

P.S. Yeah Doc, that's your pool in the picture!

5 comments:

Anonymous said...

I'd buy the house that is cheaper. Pools suck when you have to clean them and not worth it.

Anonymous said...

I would buy the home without the pool. They're very nice to have (Pools), but when it comes to buying a house I wouldn't particularly care whether it had a pool. I would look for location, structure, and style of a home...does it fit into my character..does it look or feel like my personality. For the $20,000 I'd save buying a home without the pool, I could later build my own pool.

Anonymous said...

Pools are a really nice asset...I could see myself lying around a pool, my own pool, yeah at my house...taking in some rays...to me it would be worth the extra 20,000. Not practical, but certainly a wonderful place to be...who wants to be practical?

Anonymous said...

I agree with Paul. If you plan on staying with property...by all means build a pool. If you're planning on selling your home and want to increase the value...a pool would not be a good investment. Doing a little home improvement, fresh coat of paint, planting flowers, making the outside look inviting...now that's a worthy investment if you are wanting to sell your home...not putting in a pool. Besides who likes to clean pools anyway? It would be too much work to maintain.

Jessica said...

Who is the "Doc" that owns that pool and why isn't he inviting us all over for a pool party??