Should I Buy a House With a Pool?
-
Owning a Home With a Pool Is Expensive
-
Before stepping into the pool, test the water. Owning a house with a pool increases the homeowner's personal liability and her cost of homeowner's insurance. She must either maintain the pool herself or pay for a pool maintenance service. Her electric bill will increase from the pool pump running and even more so if she heats the pool.
-
Enjoyment Can Outweigh Costs
-
Buy a home with a pool if you plan to regularly enjoy it. A homebuyer's enjoyment of his swimming pool sometimes makes the costs and risks of pool ownership worth the expense. Since a pool home has fewer buyer prospects on resale, he should buy a home with a pool only if he plans to regularly enjoy it.
Bottom Line
-
Sparkling clean pool water comes at a price. According to CostHelper.com, as of August 2010, a pool cleaner costs $75 to $165 per month versus do-it-yourself costs of $20 to $100 per month. Add increased electric costs and homeowners insurance, fewer prospects on resale, and the potential for liability issues and the buyer must relish a pool home to justify its purchase.
References
Resources
- Photo Credit A swimming-belt in a swimming-pool. image by Saskia Massink from Fotolia.com Foot in the swimming pool image by Bettina Pressl from Fotolia.com couple and swimming pool 2 image by Pavel Losevsky from Fotolia.com boy in a swimming pool image by Wimbledon from Fotolia.com