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Oh yeah I forgot to mention, in NJ it is required by law to have a fence. Not sure about everywhere else though.
Thanks everybody for the information and input.
I wouldn't do this to increase the value, it would be purely for our own use. If I ever moved to Florida I would buy one in a heartbeat. The quotes I'm seeing locally are in the 65-75K range (just calling a couple places asking for ballpark numbes) which is higher than expected. I'm sure in Nebraska it's more expensive because less competition than Floriday. You do need a fence and a cover in our neighborhood so that is adding to the price (this price includes a deck/patio so people can lounge around it). Construction costs have gone up since my last house 6 year ago too which sucks but will only get higher I supposed in 6 more years.
Ah well, baseball gets dug next month so I have some time to consider it. I would hate to do it later as then I'm tearing up part of my lawn and it becomes more expensive.
I wouldn't do this to increase the value, it would be purely for our own use. If I ever moved to Florida I would buy one in a heartbeat. The quotes I'm seeing locally are in the 65-75K range (just calling a couple places asking for ballpark numbes) which is higher than expected. I'm sure in Nebraska it's more expensive because less competition than Floriday. You do need a fence and a cover in our neighborhood so that is adding to the price (this price includes a deck/patio so people can lounge around it). Construction costs have gone up since my last house 6 year ago too which sucks but will only get higher I supposed in 6 more years.
Ah well, baseball gets dug next month so I have some time to consider it. I would hate to do it later as then I'm tearing up part of my lawn and it becomes more expensive.
my buddy had an in-ground one installed around 8 years ago and he's 125k in so far adding in the landscaping, pool construction, maintenance, insurance, pool shed, covers, filters, etc.
he has a pretty fancy set-up and it cost quite a bit to do the cement around the pool and walkway from house to pool.
you really shouldn't spend more than 10-15% of the value of your home on a pool because you're never getting it back
things like fences and mandatory minimum insurance policies are in play here as well (at least in PA) ... he has to carry an extra $2M insurance and needed to complete his fence. He just got real lucky on a leak where they thought he'd be in for another 35k but was not as bad as they anticipated so it will cost him 5k in repairs at the end of the season
he has a pretty fancy set-up and it cost quite a bit to do the cement around the pool and walkway from house to pool.
you really shouldn't spend more than 10-15% of the value of your home on a pool because you're never getting it back
things like fences and mandatory minimum insurance policies are in play here as well (at least in PA) ... he has to carry an extra $2M insurance and needed to complete his fence. He just got real lucky on a leak where they thought he'd be in for another 35k but was not as bad as they anticipated so it will cost him 5k in repairs at the end of the season
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Local codes are constantly changing as common sense becomes less common so in return local government grows like shit. Where I am your property with pool had to have fence around yard and self closing gates. Any doors that lead to pool have to have door alarms and pool side alarm. Customer this morning told me at his other home up state new local code was just passed in addition to all this additional fence has to be installed around pool perimeter because some guy left his 5 yr. old watching the 2 yr old and unfortunately 2 yr old drown. Stupid people do stupid things unfortunately now w new branch of code enforcement to drive around and hand out summons.
I mean because of where I live it's hard to bitch about having a pool at your house. If I lived up north theres no way I could justify the cost honestly. Mine is salt water and I'm blown away at how easy and inexpensive it is to take care of on a daily basis. I've had it a year and I've bought, 1 bag of salt, 4-5 gallons of acid and 1 jug of stabilizer. Thats all the money I've put into chemicals in one year, which is roughly $60-70 total. I do get that eventually parts will break and need to be replaced but as far as day to day chemicals salt water is the way to go imo.
The other thing I will say is that I had the whole 42k in cash from the sale of our last house so I didn't have to finance it. I think i'd have a hard time justifying financing a pool.
So I thought I recalled this as a clip from your pool and it's not but I still hope it lives forever
https://youtu.be/NCyJHffh1og
I have a few homes that I live in from time to time. The one up north, has a concrete pool and because it is up their, I only use it for fun, when I am their, but I let many others use it to when I am away, which is often. I have a pool service to take care of it through out the year. With that said, winter is tough on that pool for several reasons.
But when I bought that home, the pool was already their. If not to put a similar one wound cost around 40k or so,not counting the pool"s sounding environment ! Pools are fun but they will cost ya some bucks!
Bottom line, pools rock, when ya are all wet! Get one IMO! cheersgifcheersgifcheersgifcheersgifcheersgifcheersgifcheersgif<strike></strike>
But when I bought that home, the pool was already their. If not to put a similar one wound cost around 40k or so,not counting the pool"s sounding environment ! Pools are fun but they will cost ya some bucks!
Bottom line, pools rock, when ya are all wet! Get one IMO! cheersgifcheersgifcheersgifcheersgifcheersgifcheersgifcheersgif<strike></strike>
But of course if you pay for the pool yourself, you will never get back what you put into it. Better to buy a house with a pool than install one.
I believe a pool in the PHX market will add on average of 10-15K to the value of a home if it's in good working order. But same pool costs 30k at least to install. Not a good investment.
I believe a pool in the PHX market will add on average of 10-15K to the value of a home if it's in good working order. But same pool costs 30k at least to install. Not a good investment.
From a monetary standpoint, it’s a poor investment
however if you plan on using it personally for many many years, then the investment pays dividends.
My typical weekend over over the summer consists of going in the pool with the kids, listening to music, read a book, having cocktails in the pool, and then bbq. I spend hours doing this and it’s 100% enjoyable. We’ll have friend over, the kids have friends over, and everybody is having a fun time!!
if you are only thinking “if I put 40k into this pool and only get 15k back, then what is the use?” Then it’s a no go for you.
however if you plan on using it personally for many many years, then the investment pays dividends.
My typical weekend over over the summer consists of going in the pool with the kids, listening to music, read a book, having cocktails in the pool, and then bbq. I spend hours doing this and it’s 100% enjoyable. We’ll have friend over, the kids have friends over, and everybody is having a fun time!!
if you are only thinking “if I put 40k into this pool and only get 15k back, then what is the use?” Then it’s a no go for you.
