Yes, in general, a swimming pool adds to the appeal of common developments like condos and townhouses as it offers external recreation space to the tenants. The actual value added to the homes in the community depends on demographics of the home owners and the weather in the area. In Milpitas, I've only occasionally witnessed some pool usage of community pools during the hottest weekends. So, the concept of a pool probably adds a lot more to home values than actual use. And, since the homeowners have to share in the maintenance of a pool, the net contribution in value is likely to be marginal, probably in the $3-5K range per unit.
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.... more