Depending on the pool it can increase the value by $10k or a max of 5% of the sale price. I was told this by an appraiser so just relaying what he said. The increase is not as drastic as someone may think. You may be interested in looking at a property that has a heated community pool and other fun things to do. Let me know if I can help with your search for that great winter home! Maha @ Diamondback Realty 480-529-0938
I agree with the agents below. Purchase the home you want that fits your families needs. Pools can cost upwards of $20,000. An appraiser usually will not give a pool that much of a cost adjustment. So for people who want a pool it is normally less expensive to purchase a home with an existing pool. I wish you the best of luck. If you need assistance in finding the right home I would be honored to assist you. Call me anytime.
Tiffany Carlson- Richison
Realty One Group
Awarded as a Top 40 Agent under 40 in 2013 and 2014 from SEVRAR
Awarded 2014 REAL TRENDS America's Best Real Estate Agents in 2014
If you want me to send you some homes so that you can view what is available with your specific needs and wants, please feel free to contact me, I would love to help!
West USA Realty
There are several great communities in North Scottsdale that have community facilities in all price ranges.
Contact me if you would like more information or to discuss your needs.
But look at it this way ... you're paying less now for a property without a pool, so the fact you won't get as much for the house later because of the lack of a pool essentially is a wash.
A pool always increases a homeâ€™s value especially in Scottsdale. There is a difference between market value vs value in use (comments from other agents below explained).
SELLING A LIFESTYLE!
Distressed Property, Relocation, Investments, 2nd home, Luxury Home Sales
Prudential American Associates Real Estate
8930 E Raintree DR Suite 200
Scottsdale, AZ 85260
Direct Cell 480-458-8007
Great advice from many agents. Over 70% of single family residences in North Scottsdale have pools. A number of folks like yourselves just don't want a pool, or would not consider using a community pool if you had one. Some questions to ask yourself include:
1) Will we ever want to rent out the home? If so, a pool might be a good thing, or at least a community pool.
2) If I had a pool, how much will I invest every month for maintenance and what is my 10 year investment in owning a pool versus the additional value? Resurfacing a pool for example would run from $3000 and up.
3) If you're thinking about a pool you may need to consider that Scottsdale has a pool barrier ordinance?
Also if you don't get a pool, it would be wise to either have a community pool, and/or a lot larger enough to build a pool.
An average pool in Scottsdale will add $10-15K to the value of the home. A custom pool with zero edge, water falls, special iighting, a cove or a hot tub will add more.
Here is a list the least expensive North Scottsdale homes without swimming pools. http://www.flexmls.com/link.html?rmp0zaner6l,12,1
All the answers listed are correct from my colleagues. One more thing to remember, if the pool IS important to you, you will pay to have it. If the pool is NOT important to you, then you will not want to pay for something you don't need plus the upkeep. I will be happy to show you homes in north Scottsdale without pools.
Thank you for taking the time to ask a very important question.
I look forward to hearing from you, don't forget to visit my website at http://www.dottiehagan.com for more information about buying a home.
Congratulations on this exciting and wonderful decision for you! It sounds like you're still in the decision making process about your criteria and that while you don't want a pool as you state it may be something you would consider if it adds value to the property because after all you're still making an investment and you're looking to maximize returns for when you do sell or leverage the property in the future.
My colleagues have already given you ample suggestions and ideas which is a great start. Homes with community pools and other amenities such as tennis courts, fitness etc. certainly would be an option for you to enjoy and feel like you're truly in a resort setting. What I'd like to encourage you to also think about is seeking a complete and thorough buyers analysis and consultation before you finalize your criteria. I work with several winter visitors and second home buyers much like yourself and have a network of professional resources that enables those clients with second homes to know that their property is being well taken care of when they are away and further more even the option of how a second home may even be income and revenue producing for you when you're not enjoying it.
Look at the bright side: a pool can be a wonderful place to relax, a great place just "be." Besides, you will have many new "friends" immediately. And you may even see more of your family, who always too busy to come by. Enjoy life. And when you have a pool, life comes to you.
Prudential One Realtors
From an Arizona Broker's perspective, Laura's answer is dead-on: Appraiser's will almost always give a additional value to a home with a pool in Scottsdale.
Please contact me, or any Realtor for, perhaps, an easier link to review for homes with swimming pools.
Good luck to you!
Always in your service,
Michelle RenÃ©e Mozell
Associate Broker, HomeSmart
20860 North Tatum Blvd.
Phoenix, Arizona 85050
602 292-0753 Cell
480 452-0640 eFax
480 443-7400 HS Office
480 664-4357 HS Fax
Dustin V. Holindrake
Solutions Real Estate
A pool will add value to the home, both in the minds of a seller and the appraiser if you have one done. The biggest thing to consider is simply your own wishes. If you buy without a pool and sell without a pool you save in the beginning and do not sell for as much in the future. In general it should be a wash. I do however think that our current market conditions have put a ton of downward pressure on price and appraisal values. If and when prices do start to go up again for the long term I do suspect a home with a pool will go up in value a little better in North Scottsdale than not. A pool is an expectation for many buyers in the North Scottsdale market. The flip side is that depending on how long you plan to keep the property much of that additional increase could be lost to upkeep, routine maintenance, and here and there large repairs. The last factor would simply be management of a property from afar. Although there are many good pool service companies in North Scottsdale it is still one more thing to manage and cut a check for every month. We have lived in the North Scottsdale and are now in Cave Creek very nearby. Would love the opportunity to assist you in seeing some homes. Call anytime.
It's really a case by case situation. Some pools add value when custom finished such as infinity edge, water features, salt water, etc... As a winter resident, I'd recommend looking for a home that have a community pool/spa for your convenience. That way you don't have to worry about any maintenance. Feel free to contact me with other questions. I work with many home buyers that look to purchase in 2nd/vacation properties in Scottsdale. I would be happy to recommend some popular communities in North Scottsdale.
All the best,
In general homes with pools sell for more than homes without pools.
Here is a list of Scottsdale homes WITHOUT pools for your convenience:
I hope this helps!
pools do not add value, they are just an added bonus for some buyers.