We are in dilemma here. Bought house in Sydney after a move from Melbourne. Love the house and thought we will use pool sooner or later. Family of four adults and a 2yr boy. None of us can swim but thought we will use it soon but now looking at the cost of running. ..filter…chemical. ..filling water…etc is now makes us thinking if we should get rid of this pool n extend our backyard. How much are we looking for appro ? Neighbor says it will reduce property value even if we plan to resale it after 10yrs.
Its concret pool.
Width : 17ft
Height : 33ft
Deep End : 7ft
Shallow End : 3ft
Pool Volume : 78,000 Litre (appro)
Appreciate your input.
So inground pool? And your neighbour has no idea. You'd be surprised depanding on where you live a pool can be seen as a liability (exactly what your saying with filters, maintenance) and can actually devalue a house. Another prospect is a family with young kids may not like the fact there is a pool that kids have the potential to drown in. That than closes the market to those families with kids…
You have to look at it both ways, and speak to a real estate agent, but generally if your remove the pool and sell the house, your house is than available to be bought by anyone, and it's their decision to purchase a pool etc. Where as you may limit your audience with that pool installed, it may also be unattractive if its old, or a design that some buyers may not like…
Pools are also seasonal unless its heated, so your taking all that space (which is opportunity cost) for 3-6 months of the year only.