How much value does an Inground Pool and Spa add to a home in SOFLA?

Hi Gayn,

SOFLA market may be different than Houston, so I can only answer your question based on what I see in Houston. I’d recommend you seek answers from your local Realtor for better insight.

Majority of the time pool does not increase the value of the house. If anything, maybe 5%, IF I had to put a number on it. It depends on the pool- size, appearance, functionality and age. An old pool will not increase the house value at all.

To some buyers, pool is an automatic turnoff, as they don’t want the maintenance or are concerned about safety if they have small children.
Others won’t even consider purchasing a house without a pool.

Your Realtor can run market study for you and compare prices of homes that sold with a pool, versus similar homes that sold without. By running the market study, your Realtor can also compare the number of days it took to sell homes with a pool, versus homes without one.

Thank you,
Yvonne Chauvin- REALTOR®
Better Homes & Gardens Real Estate Gary Greene
YvonneChauvin@yvonnechauvin.com
Cell: 281-686-0143

Hi Gayn,
There are too many factors involved but I would lean in agreement with answer above. It should help it sell faster, but you may also limit the buyer pool. Most buyers that want a pool, will either only look at homes with pool or at least a yard large enough to support it. Buyers that don't want a pool will most likely write it off completely. It should generate some additional value, but key questions I would have before answering the question would be: Are there many homes for sale with pools in the area? How does the pool affect the appearance of the yard, (not all pools are equal.) Is there any back yard left beyond the pool?
The short answer is, you may increase the value but only to a smaller buyer pool.

Typically, a pool will help sell your home faster when you are ready to sell. Usually there is no additional value added to your home monetarily. The idea is that you hopefully enjoyed having a pool and or spa and enjoyed using it while you lived in your home. Sometimes, in a fast moving market you may get a small percentage of what you put into your pool back when selling your home. Hopefully this helps!

Dolly Grewal
JLA Realty
DollyGrewalRealtor@gmail.com