A new pool, with tiers, waterfall, extras and good quality, will increase the value of the property and the Appraiser take this into consideration.
However, the value drops off dramatically with very little age, to the point where they DEDUCT if the pool is over 5 years old: The main reason; all pools leak, and older pools leak a lot!
You won't know whether you new Buyer wants a pool, or not: Usually, people won't buy the house if they hate a pool; so it will filter itself out.
The majority of the time that a pool gets filled-in, someone is sorry, down the road.
Good luck and may God bless
In our area there are people who like it and people who don't - and they balance one another out.
However, an inground pool in poor maintenance is not desirable and will significantly detract from your homes value, as you're selling a maintenance problem rather than an amenity. So you do want to do something before you list it.
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
An ugly, unkept pool can definitely keep you from selling in the current market as people just do not want to have to deal with that at all. You would probaby lose more than twice than what you would spend to either refurbish it or demolish and and return the lawn to grass. Just don't expect to get a good sales price if you leave it in bad shape.
1. Do you have a community pool
2. What's the setting/privacy?
4. Any useable yard?
These are just some that come to mind. I have sold a number of homes with pools and would be happy to meet with you to discuss.
Erik j. Weisskopf, ABR,CDPE,CRS,GRI