Lessons Learned from Years with Properties

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. It’s obvious that a pool adds value to a home, but how exactly? Data is unfortunately scarce, but location is a big factor. Therefore, to be sure, choose an area that will not hurt your cause, just in case you decide to sell your house in the future. 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 enclosed or screened, heated or equipped with water features? What general condition is it in?
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Generally speaking, if a home was valued at $125,000, a pool would cost you an extra $8,000 to $10,000. These is a mere estimates, of course, and you’ll have to check with a local appraiser for a more accurate picture.
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Costs Your largest pool expense will be the weekly maintenance, which is a must, though with many pool companies that charge $50 to $75 a month for servicing, this is usually not a problem. Among other costs you should consider are pool suction devices, , fencing, safety alarms, additional homeowners insurance, and self-closing doors. Pool Inspection A home inspector is to a home as a pool inspector is to a pool. Don’t mix the two together, which means a home inspector shouldn’t be inspecting a pool. Also, remember to ask the seller which company used to service the pool. That company would know the pool best and can check its quality and estimate its upkeep costs. The more you know about the pool, the better you can decide whether or not the home with the pool is worth the investment. Of course, the company would likely be happy to work with you too, as it would mean that the account can be continued. Conclusion Buying a home with a pool does not have to impact your mortgage qualification negatively. If anything, it can even help you sell much faster in the future. Homes with a pool generally appeal to more homebuyers, which means a quicker sale later on and even greater value to the final sale. You should also check your local municipality’s rules on home pool use (this is known as a Certificate of Occupancy). Remember, municipalities are always changing pool regulations, so don’t depend on what you might have read online or heard from a friend.


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