Fix or demolish swimming pool?

[Joe Huang]

We are doing some remodeling before selling a house. We are having a hard time trying to decide whether to fix or demolish the swimming pool. Motor and filter do not function. The pool has been empty for a long time. There may be some cracks and leaks.

Is it better in this economy to fix the pool to attract less buyers who are looking for swimming pool or demolish it to attract more buyers who doesn't want swimming pool? Demolish decreases the value? Fix it increases the value?

I heard people are looking for pools because of covid.

House is in Anaheim, CA approximately 1300 Square Feet

Any suggestions?

[Joe Homs]

@Joe Huang  I would vote to fix it.  Looks like about a $20K hit, but you should make it up on the sale.  We always fix our flip homes that have pools, because you will find out that it may cost you just as much legally permitted to fill in that hole.

Good investing...