At Executive Blue Pools, we are committed to exceeding our customers’ expectations and goals to ensure a long-term service partnership. When consulting with pool owners, our professionals are sometimes asked how having or renovating a pool can affect the resale value of their home. To get the best answers for our customers and neighbors, we asked the Dallas/Fort Worth area realtors to share their thoughts. Below are their answers.
Lisa Alleva
Lisa is a real estate professional with RE/MAX Dallas Suburbs in Plano, TX.
In your opinion, how does a pool affect the sale of a home?
Pools add at least $50,000 to $80,000 to a home’s current market value.
How much return on investment does a seller get on renovating their pool?
Pools that are well-maintained and have added features like a hot tub, rock features with waterfalls, tanning ledges, and updated plaster and tile will help yield a higher sales price.
What do you find difficult about selling a home with a pool, and how can a seller mitigate these challenges?
Difficulties when selling a pool arise when the equipment isn’t updated, a pool needs re-plastering, and tiles are missing. Pool coping is another maintenance issue that should be addressed.
Patty Watkinson
Patty Watkinsonis a Coldwell Banker Residential Brokeragereal estateagent serving Plano,TXand the surrounding areas.
In your opinion, how does a pool affect the sale of a home?
It depends on the price of the home. Upper-end buyers expect to have a pool.
How much return on investment does a seller get on renovating their pool?
Approximately 75% to 85%.
What do you find difficult about selling a home with a pool, and how can a seller mitigate these challenges?
Generally, I do not find it difficult in the DFW area to sell a home with a pool, unless it takes up the majority of the back yard. Buyers do like a yard in addition to a pool.
Nancy Messiha
Nancy Messihais areal estateprofessional with UltimaReal Estate inDallas,TX.
In your opinion, how does a pool affect the sale of a home?
It depends on whether the buyer wants a pool or not. Pools are a lot of work and an added expense. Insurance is usually higher, pool maintenance, water bill, etc. Having a pool is usually a definiteyes or no when showing homes, I find. The return on a pool isn’t as much as homeowners want it to be. Most will say building a pool is expensive and the return on the pool isn’t close to what it costs to put the pool in.
How much return on investment does a seller get on renovating their pool?
Usually, if they renovate or resurface right before they sell, depending on the pool type and style, etc., the added value is usually $7,000 to $15,000.
What do you find difficult about selling a home with a pool, and how can a seller mitigate these challenges?
The most difficult is the fear of a buyer who has never owned one. It can be overwhelming, and the added costs can also be a concern. The way sellers mitigate these challenges is by selling the lifestyle of the pool and what pool life has to offer. How hot it is in Texas helps sell out-of-state buyers. Those who have childrenwill look for safety precautionsthat sellers can adhere to with safety gates, etc.
Pam Yoakum
PamelaSYoakumis a ColleyvilleReal Estateagent from CENTURY 21 Judge Fite Company located in Colleyville,TX.
Does a pool affect the sale of a home?
I believe a pool is a preference item, therefore, it can enhance the value to a buyer that desires a pool. If a buyer does not want a pool, that particular buyer will probably not even consider buying that home.
How much return on investment does a seller get on renovating their pool?
If you are renovating a pool that needs maintenance, then you are making the home more desirable, not necessarily enhancing the value a great deal. Buyers seem to want to purchase homes that are move-in ready, and that includes pool maintenance. If you are renovating by adding an outdoor kitchen, spa, or pool features, you are increasing the value of your home, but it’s typically not equal to the amount of money spent.
What do you find difficult about selling a home with a pool, and howcan a seller mitigate these challenges?
To overcome the challenge of a pool, aseller can offer to pay for pool maintenance for a year or pay for a “pool school” if the buyer intends to maintain the pool themselves.
Allen Markel
Allen Markelis areal estateprofessional withTexasPremierRealty in Celeste,TX.
In your opinion, how does a pool affect the sale of a home?
In Texas, we are in a geographical location where pools are more desirable. There are buyers who want and don’t want pools.The key is to price the home correctly and find a diligent real estate agent that properly advertises your home. Typically, it’s best to buy a home with a pool, versus buying a home and installing a new pool. It’s difficult to put a percentage of increase in value by having a pool.
How much return on investment does a seller get on remodeling their pool?
The key is that the style of the pool needs to match the level of the home. It’s most important that everything functions with the pool and that there are no leaks. The interior finish needs to be in good shape. Buyers are typically worried about the cost of having a pool and maintaining it.A good realtor will request a utility cost log for water, gas, electricity, and any pool maintenance performed.
What do you find difficult about selling a home with a pool, and how can a seller mitigate these challenges?
Poorly maintained pools or pools that don’t match the level of the house are most difficult.
Get the Most Out of Your Pool
Interested in renovating your pool with an eye toward selling your home? We can help. Our team of highly trained and industry award-winning technicians offers renovations, repair, and maintenance services to meet all your needs.
Executive Blue Pools is a reliable, professional, trustworthy, and easy choice. Contact us at (469) 340-2757 or info@executivebluepools.com today to find out what we can do for you.
