Tips for Buying a Home with a Pool
Deciding to buy or not to buy a home with a pool is a personal choice, but there are plenty of factors to look into, that will have a huge effect over the short and long term. These could include safety, insurance and maintenance costs, among others.
It's obvious that a pool adds value to a home, but how exactly? Unfortunately, data is not abundant, but location plays a vital role. Thus, to be absolutely sure, pick an area that will not hurt your cause, in the event that you decide to sell your property later on.
A pool adds to a home's aesthetic, relaxation and entertainment value, but aside from that, there are many other variables you should look into before finally deciding to get a home with a pool. For example, is the pool enclosed or screened, heated or equipped with water features? How would you describe its general condition?
In general, for a home with a value of $125,000, a pool would cost you around $8,000 to $10,000 more. Of course, this is but an estimate, and checking with a local appraiser is best for more accuracy. Know about Swimming Pool home listings here!
Your largest pool expense will be the weekly maintenance, which is a must, though with many pool companies that charge $50 to $75 a month for servicing, this is usually not a problem. Among other costs you should consider are pool suction devices, , fencing, safety alarms, additional homeowners insurance, and self-closing doors. Check out http://www.encyclopedia.com/topic/Real_estate_industry.aspx for more details about real estate.
Just as a home inspector inspects a home, a pool expert should inspect a pool. Don't mix the two together, which means a home inspector shouldn't be inspecting a pool.
Also, remember to ask the seller which company used to service the pool. That company at www.manausa.com would know the pool best and can check its quality and estimate its upkeep costs.
If you know more about the pool, you can make a smarter decision as to whether buying the property is a wise investment. Of course, the company would be happy to accommodate you too, as it would mean a chance to continue the account.
Buying a home with a pool need not make a negative impact on your mortgage qualification. If anything, it may even help you sell faster. Homes with a pool typically attract more homebuyers, which means a faster sale later on and even added value to the final sale.
Also check with your local municipality for rules on home pool use (called Certificate of Occupancy). Take note that municipalities tend to change pool regulations every now and then, so don't depend on what your friend says or what you might have read on a website.