The following video details the Five Critical things to think about if you are thinking of buying or selling a home in Los Altos with swimming pool.
Benefits of pool ownership:
Great for entertaining
Downsides of pool ownership:
Safety and liability issues
Maintenance and operational expenses
Things to consider if you are buying a home with a pool:
Pool condition – have it inspected
Is it relatively safe for those who aren’t water safe? Can you make it safe with minimal expense?
Is it in a neighborhood or market segment where the pool adds value to the property or takes value away from the property?
Things home sellers who have a pool should consider:
Fully disclose the pool’s condition and operational expenses
If home is in a neighborhood that doesn’t have many pools or if the pool’s condition is suspect, do a cost analysis to see if it makes sense to fill in the pool and landscape the yard before putting home on market.
Swimming pools are a great lifestyle investment but not necessarily a great financial investment. The property’s location and market segment can help in determining its marketability.