Buying a house with a Pool vs Building a Pool
Considering a house with a pool versus building one? Dive into the details with insights on inspections, costs, and investment considerations!
One Minute Read Summary
•Buying a House with a Pool: Consider home and pool inspections, house & pool condition, and any updates or repairs that would come with ownership.
•Building a Pool: Get quotes from different companies to know costs & extras; DIY installation may be possible but it’s best to hire professionals; plan before making an offer.
•Things to Consider: Compare prices of similar houses with/without a pool; think of pools as an investment in experience & fun; evaluate pros/cons for each option.
Read below for more information
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Buying a House with a Pool
Owning a house with its own pool is the ultimate summertime dream! When purchasing a home, you can save some cash by selecting one that has a pool and has already been enjoyed. Finding a resale home means it's likely seen better days, but don't worry; just like buying anything else pre-loved, your bargain buy will come at lower cost and offer years of fun in return.
There are several things you need to keep in mind. Hiring professionals for both home and pool inspections will be essential in determining the condition of these important features - from age-old decking and tiling to electrical systems like pumps - all while considering any necessary updates or repairs that would come along with ownership.
Building a Pool
Home buyers want it all - the perfect house, a backyard oasis with a pool. But spending can get out of control when they finally take the plunge and realize adding an in-ground pool isn't as simple (or cheap) as buying some chlorine tablets! It's important to not just dive into this decision; no one wants sticker shock from their dream project!
Installing an in-ground pool can be the perfect way to upgrade your space! From fiberglass shells that cost as little as $15k, to concrete or gunite pools starting around $50k, there are plenty of options to create the perfect backyard retreat. While manufacturers claim DIY installation may be possible with some cheaper models (if you’re especially handy!), it might be best left up to the professionals
Planning is crucial here, before you make an offer, get quotes from different companies to see what kind of fun extras like slides, diving rocks or even custom tile work would cost. That way you know exactly how much it will take to transform the space into paradise, making each day feel just that bit more special!
Things to Consider before buying a House with a Pool or Building a Pool later
A perfect property
Have you fallen head over heels for a property and the only thing missing is an outdoor pool? If you consider investing in adding one, it could be worth every penny if your dream home checks off all of its other boxes!
On the other hand, think twice before settling on a house just because it has that awesome pool. Find something special to make sure you really take the plunge into building memories there, a perfect pool is not enough.
Compare prices
Want to know if installing a pool at your home is worth the money? Price differences are key! Check how much it costs for an identical house that has a pool, compared with one without, you could be paying more than necessary. Remember, adding in construction materials like wood decking or tiling can add extra expense too!
Building a Pool as an investment
Pools should be thought of as investing in experience and fun. Before taking the plunge, consider that in most cases it won't bring back all of what you paid for it. Unless of course, you live somewhere glamorous and swanky, then there’s potential for higher returns! Otherwise investing in a pool is often not worth the time or cost if selling within ten years is part of your plan. Is a Pool a Good Investment & Increases the Value of a House?
Think carefully
Sure, you've found that perfect home, but is it really worth giving up your investment just for a pool? Or should you go with something slightly less ideal but have one build when you move in? In the end, there are pros and cons associated with both options so find what works best for YOU!
You might also be interested in Does a Pool Increase the Value of a Rental Property?
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