Pools inground

[Tim Hicks (Texas)]

Pools are a dime a dozen here. Home values are up and so are the contributory value of pools.

 

[Fernando]

Would you give value to an exercise pool surrounded by custom wood deck. It looks very nice and I wouldn't mind having one.

Last drought in CA, pools couldn't be filled and was seen as a detriment. Some localities encouraged pools to be filled in and covered.

 

[Mike Kennedy]

In this view as best I can tell, there is only 1 in-ground pool. There are 2 or 3 above ground pools, and every other house seems to have a trampoline in the back yard. I think I see 3 houses with solar panels. All these homes are $200-340k and less than 5 years old.

Installed on an angle - the Trampolines deliver ready access to the neighbors pools - swim for free.

 

[Marty Boone]

The installation of my new liner is 8 weeks behind schedule and I have no problem with that. I don't have any experience with installing a new pool liner and I don't have the time to learn how to do it. I hope my appraisal clients feel the same way when I deliver a report a day late.

 

[chad hampton]

Homes with pools are in serious demand and they sell for insanely high amounts. In my market, my pool adjustments are very close to cost.

 

[Gingerman]

Before COVID I would somewhat agree. But take a aerial view of the area and talk to some pool companies to see how busy they are. Also, talk to RE Agents to see how much pools and outdoor living areas are in demand.

I still ask the same question....you have a PUD with many amenities, and dumb borrowers want to spend $80 grand for a pool? And you pay $1000 a year for HOA fees.....???

After COVID, everything got shut down, including the pud pool. Also, no one wants to go around anyone and privacy is a major factor. People like privacy.....skinny dipping....making sweet love....LOL....Pool parties....

Pools in starter communities still have the lowest return. Middle and High-end PUD's have the highest returns. HGTV coined term "entertain". People like to gather at their own homes and throw parties....entertain...blah. Old people with money likes their privacy.

Furthermore, most neighborhood pools are only open for several months and at limited times of the day.


PS, another good reason to know your market and these out of state reviewers need to be put out of biz.

NC Appraising.... I absolutely love how detailed you are!! Honestly, I feel like I have learned so something new each week just from one or two of your posts/replies.

Located in SC, you hiring certified residential appraisers? I might consider making the move .
JK, or am I? Just wanted to say, thanks for the input you provide in this forum.