The Ultimate Guide to Houses

Pointers for Buying a Home with a Pool The decision to buy or not to buy a home with a pool is personal, but there are many factors to consider that will have a big impact in the short and long run. These could include safety, insurance and maintenance costs, among others. There is no question about the pool adding value to a property, but how? Unfortunately, actual data is scarce, but location plays a major role. Thus, to be absolutely sure, pick an area that will not hurt your cause, in the event that you decide to sell your property later on. A pool boosts a home’s aesthetics and offers a place for entertainment and relaxation, but besides that, you need to look at many other variables before finally deciding to buy a home with a pool. For example, is the pool screened or enclosed, heated or with water features? What general condition is it in?
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A home valued at $125,000 would generally cost you an added $8,000 to $10,000 for a pool. Of course, this is but an estimate, and checking with a local appraiser is best for more accuracy.
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Costs Your biggest pool expense is the weekly maintenance, which is totally necessary, but with a lot of pool companies charging $50 to $75 monthly for servicing, this is hardly a problem. Other costs you need to consider are fencing, self-closing doors, pool suction devices, additional homeowners insurance, and safety alarms, among others. Pool Inspection A home inspector is to a home as a pool inspector is to a pool. The two don’t mix, so don’t have a home inspector look at your pool. Also, remember to ask the seller which company used to service the pool. That company knows the actual condition of the pool, as well as the costs required to maintain it. Knowing more about the pool helps you make a wiser decision as to whether or not you should buy the property. Most probably, the company would be glad to accommodate you too, as this would mean the account can continue. Conclusion Buying a home with a pool does not have to impact your mortgage qualification negatively. If anything, it may even help you sell faster. Homes with a pool typically attract more homebuyers, which means a faster sale later on and even added value to the final sale. Also check with your local municipality for rules on home pool use (called Certificate of Occupancy). Keep in mind that municipalities are always revising pool regulations, so don’t count on what you may have heard from a friend or read on the Internet.