Some buyers prefer not to have a pool because of the added expense, maintenance, and safety hazards with children. Pools can consume valuable yard space because in Florida most of the properties are pretty small. Others wouldn't have it any other way. A pool not only adds hours of enjoyment but also can add to the aesthetics of a home if it is set in an attractive setting. On those hot summer days it can also be very inviting and refreshing. It provides a place to unwind and relax as well as a form of exercise.
Another thing to consider is the neighborhood. The value of that pool may depend on what other homes are selling for in the area and whether they have a pool or not. If not very many neighbors have pools, then your value will not increase significantly. Choosing to purchase a home with a pool or whether to add a pool to your home is largely based on individual preference.
Tammy Hayes, Realtor, Sandals Realty, Punta Gorda, FL - email@example.com
In my opinion, landscaping and hardscaping, are areas that are often overlooked by homeowners but vital to the way your property is perceived by buyers. In Southern California (as you know) we live outdoors.
If you can do the work, I would recommend that you do. You will have the benefit of enjoying the beauty of your home for the next five years, and you will likely be able to sell for more, then someone who's yard needs major work.
25K is a lot. We just had our pool redone, demo, tile, coping and pebble plaster, added a water feature and a bench for less than half of that. They did a fabulous job in less than a week. If you want their number go ahead and call me.
Landscaping many pool areas in Texas have just gorgeous flagstone around the pool and extend the patio and sides of pool increase the pool space use it for entertaining area.
Since many families DON'T have disposable income to travel any longer are adding pools as a feature, and the back yard as an escape.
Demo a pool and "dump dirt in it" all the plumbing lines needs to be shut off, secured, which IF not done correctly can leak cause foundation issues under the home . When you fill in pool entire area needs be secured keep it becoming a "sink hole" dirt will keep settling then you need continue fill it in.
I could continue however provide you an idea.
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
Some things in a home aren't exactly investments, they're consumables. A kitchen remodel today does increase the value of the home (not by as much as it cost, usually), but in time, that "new kitchen" glow fades and we're back to having a somewhat dated kitchen.
If you want to use the pool, will you get $5000 a year's worth of enjoyment from the renovation and hardscape? Suppose you got $3000, and the improvements only helped the property gain $10K in value (today). And, how will the improvements look in five years?
I think this is a personal and emotional decision, not a spreadsheet and "rational" one.
All the best,