What Research About Properties Can Teach You

Tips for Buying a Home with a Pool Deciding to buy or not to buy a home with a pool is a personal choice, but there are plenty of factors to look into, that will have a huge effect over the short and long term. Among others, these can include insurance, maintenance and safety costs associated with pool ownership. 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. 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 adds to a home’s aesthetic, relaxation and entertainment value, but aside from that, there are many other variables you should look into before finally deciding to get a home with a pool. For example, is the pool screened or enclosed, or is it heated or does it have any water features? How would you describe its general condition?
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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 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. Among other costs you should consider are pool suction devices, , fencing, safety alarms, additional homeowners insurance, and self-closing doors. Pool Inspection It is important to hire a pool inspector to inspect a pool, just as a home inspector must be hired to inspect a home. It’s wrong to mix the two, so don’t make a home inspector inspect a pool. Also, don’t hesitate to ask the seller which company they hired to service the pool. That company can tell you the quality of the pool and how much you may have to spend to maintain it. If you know more about the pool, you can make a smarter decision as to whether buying the property is a wise investment. 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 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). Take note that municipalities tend to change pool regulations every now and then, so don’t depend on what your friend says or what you might have read on a website.