Is it worth thousands of dollars to fix an inground pool?
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Is it worth thousands of dollars to fix an inground pool? I've own my home in northern Delaware for less than a year. One of the reasons I bought this house was it had a pool. I bought the house when it was in foreclosure, so I knew there would be many repairs to do to the house, pool included. The inground pool is about 30ft by 10ft by about 7ft deep. Estimates to repair the pool liner and large filter are in the neighborhood of 5-6k. The house itself is almost 30 years old, and I've done some repairs inside already. Now that the weather is getting better, it is time to start thinking about the pool. Is it worth thousands of dollars to fix an inground pool? I would enjoy having a pool to use on the weekends in the summer, as well as being able to invite over friends to swim. Plus fixing it means that it's not an eye sore in an already small yard. The reason I started second guessing fixing the pool is that it was mentioned to me that fixing a pool doesn't add much value to my house. While there is nothing inside that is screaming to be fixed at the moment, due to the age of the house, there is always things to be fixed. Am I better off taking that money an fixing things inside of the house?
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Answer:
It sounds like one of the reasons you bought the house was the pool, so by all means, fix the pool if you have the money. Also you mention that a pool does not add to the value of a house. That's the conventional wisdom when you're considering adding a pool. That's not your scenario. You have a pool now and it needs some material repairs. Your options are to fix the pool or remove the pool. Having a property with not only a pool (depresses value) but a pool in need of repair (even more so) is a double whammy.
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Other answers
Are you planning on selling this house or staying for awhile? If you bought it to fix up and sell and might be somewhere else next year, I'd skip the pool. If your plan is to live here and stay for several years, I think I'd go with what was going to make me love living there, especially if the pool was one of the reasons you bought the house. If you aren't going to resell for a long time, I think what you want in a house in more important than what some future buyer might want in their home.
katinka-katinka
A pool will not add value to the property. It's an insurance cost increase, can be expensive to maintain and a possible danger, especially for those with kids. That being said, I would flipping love to have a pool and despit the cost, tue enjoyment that comes from it would make it worth it for me.
raccoon409
Did you buy the house to fix it up and sell for a profit? If yes, leave the pool alone. Did you buy the house to live in and enjoy for an indeterminate number of years? If yes, repair the pool.
kavasa
I'd worry less about the $5-6K, which isn't a huge amount of money in home improvement terms, and consider how likely it is that you'd use it often enough, over the long term, to make the ongoing maintenance costs and chores feel worthwhile. Is there a decent municipal or private pool nearby that could give you almost as much fun for way less work? Do you love swimming by yourself or very occasionally with friends so much that it will continue to feel great even after the novelty wears off?
jon1270
What if you filled it with dirt and made it into a garden. Would that even work?
oceanjesse
Fix the pool! A friend of ours has a pool. They've only lived in the house with said pool for one summer but I tell you, that one summer was a blast for their children as well as the children of their friends. One night, the grown ups even kicked all the kids out after dark and we ran around the outer of the pool, laughing and carrying on, until we made a whirlpool. We're adults, keep in mind. IT WAS A BLAST. If our friends pool had issues that needed repair, I'd go so far as to offer them money to help with the repairs just because it's been such a fun thing for everyone.
youandiandaflame
I agree with Admiral Haddock: your reasoning re the pool is actually about adding a pool. What you have now is a huge hole in your back yard. I would be very surprised if the value of your house is the same with that huge hole as it would be with a working pool. Fix it or fill it in.
OmieWise
You've got to do something with it because right now it's probably a health and safety hazard. You know how much it would cost to fix it up and restore it to being a pool. How much would it cost to fill it in properly?
mskyle
What if you filled it with dirt and made it into a garden. Would that even work? It won't drain properly in the rain if you do this. If you don't want to pay $6k to fix it, you really don't want to pay the court judgement when someone falls into a mud pit in your backyard and drowns.
Blue Jello Elf
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