To be frank, the pool doesn't really add value to the home. In fact, if you were to compare both a single family or condominium home with a pool to a similar home without a pool, there would not be any difference in the costs. Part of the reason why a community pool doesn't add value is because, the pool is not really owned by the homeowner--it's owned by the homeowners association. As such, legally, each homeowner owns only a "1/x" (where x is the total number of units in the community) percentage of the pool or any amenity, which is only a very nominal value.
However, what a pool does ADD to the community is convenience. If someone really wants to have all the enjoyment of the pool without having to house it in their yard, having a community pool fills that need and more. Pools and amenities also have the added "downside" of costs and maintenance that is paid by the homeowners association, and that means added fees to the homeowner each month.
The sad part is everyone "wants" a pool--there's even a level of expectation that a pool be present in an HOA with enough units to support the cost, but most of the community will never use the pool. It can be the most visible, seldom used amenity in the entire complex. Playgrounds, on the other hand, tend to get more use than would a pool or spa.
So, to answer your question, no the swimming pool does not add value to the home. It does--like a park or a playground located nearby--add convenience and attraction, but not value since the homeowner and the unit do not directly own the item.
Grace Morioka, SRES
Area Pro Realty-People's Choice
Pool maintenance depends on the size and age of the pool. Smaller pools would run about $500 a month. Some of the huge Olympic-sized pools could run up to $5K a month.
When one has kids Pools are desired, just as Parks are. Kids learn to swim at school at an
Parents who do not know to swim do not appreciate a pool, as they are overly concerned
about drowning, upkeep and costs.
Certain neighborhoods, having a Pool helps sell the home or town home easily.
Call if you have questions.
If it is a PUD (Planned Unit Development) and there are HOA dues, buyers will evaluate where there fees go to. If they have dues and no amenities, such as a pool, then they question what all they get. On the flip side, if the fees are very high with a lot of amenities, the weigh whether or not they'll use those amenities.
This is what you will do. Is it a feature you want and do you feel there is a value to you?
All the best to you.
I hope that helps, feel free to contact me with any questions.
At your service,