Swimming pool??

[Carlos Coronado]

Does a swimming pool really add a whole lot of value to the home ?

[Ramon Cuevas]

Hello Carlos,

I am no expert but worked for 8 years at a mortgage company here in Texas. The most that I ever saw an appraiser add was $10,000 to any home that had a swimming pool. I am going to assume that every market is different so that may not be the case in other areas. With the cost of building an in-ground pool on average at $25k or more I would not add a pool just to increase the value of your home. There are many other upgrades that would probably bring a better return on your investment(kitchens and bathrooms for example). If you do decide to get a pool for you and your family's enjoyment by all means do so but understand that you are most likely not going to recoup the cost of putting it in whenever you do decide to sell your home.