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Updated 3 days ago on . Most recent reply

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Catie Fihn
  • Wisconsin
6
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25
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Houses with Pools

Catie Fihn
  • Wisconsin
Posted

How does everyone feel about flipping a house with an in-ground pool?  The pool itself needs some work.  We would fix up the pool and fill it prior to putting the house on the market.  My question is, will an in-ground pool make it more difficult to sell a house?  Is it a selling point that may attract more buyers?  We've never flipped a house with an in-ground pool, so any input would be appreciated!

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Ken M.#3 Creative Real Estate Financing Contributor
  • Investor
  • San Antonio, Dallas
378
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683
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Ken M.#3 Creative Real Estate Financing Contributor
  • Investor
  • San Antonio, Dallas
Replied
Quote from @Bruce Woodruff:

Just my personal opinion, but I think that a pool will attract or drive away a similar number of potential buyers, I'd say 60/40 for/against.

Depends on the property too....a nicer place in a nice neighborhood could really benifit from a nice pool/party/BBQ/game area. I would not pump money into a C or less neighborhood.

And be aware that you cannot just 'fill in a pool', it is a difficult and expensive process, costing $5k - $10k deoending on area...

Depends on how well the pool has been kept. They require constant attention and expense. As they say, "A pool is a hole in the ground you throw your money into."

 I guess in Wisconsin you could turn it into a skating rink in the winter and rent skates out to people.

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