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55340 : Real Estate Advice

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  • Home Buying3
  • Home Selling0
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Activity 2
Tue Dec 30, 2014
Jennifer Kirby answered:
Hi MSPbuyer,

Swimming pools are fun, but here in Minnesota the months we are able to use them are limited. You will have maintenance costs associated with a pool, and most likely your home owners insurance will be higher due to the liability of owning a pool, especially if it has a diving board. Many insurance companies no longer allow owners to own diving boards.

So the pros would be the fun factor, and being able to swim anytime you like in your own private yard. The cons are the maintanence costs of keeping it clean and clear, insurance, and limited use.

Also, pools are not really giving a real value when it comes to total value of a home. You might only get 10% value of the pool itself. They might be nice to have, but they don't increase the value of a home.

Hope this helps!

Jennifer Kirby - Broker
Kirby Fine Homes
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Tue Mar 27, 2012
Jennifer Kirby answered:
Hi Mspbuyer,

I am guessing you mean 55340 in Medina. Can you be more specific on the address? It would be much easier to give you a proper analysis knowing which home exactly you are talking about. So many factors determine if a home is priced correctly or not, and I would hate to give you bad information. Feel free to contact me anytime!

Jennifer Kirby - Broker
Kirby Fine Homes

Lic MN, WI
... more
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