Have you thought about putting in a pool? I know we have. Who doesn't want their backyard to feel like a vacation destination. That is of course until you find out how much they cost to install. In Virginia Beach, a pool will cost anywhere from $35,000 to $70,000, depending on the size and how many bells and whistles you want. From a real estate professionals perspective, the cost of the pool and the value it adds to the home do not equal each other. In fact I would say that you will only see around 25-35% of the pool cost in added home value. So if you spend $50,000 on a pool, you can only expect your property value to go up by $20,000. Ouch!
Why buying a home with a pool is your best option
Buying a home with a pool is similar to buying a used car. A new car loses a chunk of its value once it drives off the lot, a pool is very similar. Buying a home with a pool takes that initial investment out of the equation but gives the buyer that pool they always wanted. Now of course the pools condition needs to be evaluated and what if anything needs to be done to get it into tip top shape needs to be factored into the equation. But, there are pool inspectors that help with this. If you don't want to move and you have to have a pool, then you really have just one option and that is to bite the bullet and put the pool in. If you are open to moving and finding that perfect home with a pool already installed then you might be able to get that pool you wanted for penny's on the dollar.
If you would like our help finding that home with a pool, please don't hesitate to reach out to us. We are here to help.