Should I get a pool installed in Los Angeles?

[Roman Rida]

Hello BP, I live in Los Angeles, on the western part of first street in San Pedro close to Palos Verdes. I have a newly renovated 4 bedroom house with all the fixings and I have a large backyard that would be perfect for a pool. Its currently March 27th and its 76F outside and the summer weather sticks around until the end of October. I also have a detached ADU that I am renting out in the backyard, and I can envision renting out the main house in a few years. If I install solar, I can get my electricity bill down to $150 a month which includes the cost of running the pool and heating it. Does it make sense to invest into a pool given the market that i am in? I want to use it personally for a few years and then rent the house. I do not believe in selling real estate and plan to keep this house forever. Does a pool increase the value of the property? I have read some articles that it can and cant depending on your market. In LA it ranges from 40k-120k in increased value, but I am not 100% on this. What would you suggest? Are there ways to get around the liability aspect if I am renting the house out? Thank you for your advice!

[Jon Anderson]

@Roman Rida

I’m down in Carlsbad near San Diego. I’ve been thinking about a pool for the last year. I’ve gotten multiple bids. Cost is going to be about 60 grand for a small pool with no heat and may be a small water feature.

After a lot of consideration, I decided against it. I will probably end up installing a nice barbecue area and fire pit instead.

In order to get heat to my pool I would have to run a gas line from the other side of the house which will involve tearing up my driveway, etc.

Just my opinion.