Anyone built a pool? Looking for info on financing

No, but I'm looking at an HOA neighborhood that has $47 a month dues that has a pool and playground it maintains that wouldn't be on my property.

And that's about the only way I would want to have a pool.

Cheaper.

No liability.

quote:

---

Anyone built a pool? Looking for info on financing

---

This has to be a joke.

You're gonna hear a lot of negative here because it isn't a great financial investment. I didn't want to build one for that reason but it worked out that we needed to move so I made sure I bought one with a pool already there so someone else took the biggest hit. That may not be an option for you. If you are going to use it, it will be worth it. HELOC will be best option for financing if you have any equity.

quote:

---

No, but I'm looking at an HOA neighborhood that has $47 a month dues that has a pool and playground it maintains that wouldn't be on my property.

---

Texas isn't all bad, is it?

Down in Da Parish, We are members of a swim and tennis club. Pay $400 per year. Pool is open weekends from Mother's Day to school get out, from then till school goes back it's open every day noon - 11 pm, from school goes back to Labor Day it's open 5 - 10 pm M-F and noon - 11 pm Sat-Sun, and from Labor Day until mid-October it's open Sat-Sun noon - 8 pm.

They have a huge olympic sized outdoor pool, a kiddie pool, two playgrounds, basketball court, two tennis courts, tons of tables and chairs, most with umbrellas, a half dozen gas grills, you are allowed to bring anything you want to eat or drink as long as it's not glass or they have a concession stand, they have lifeguards at all times, and they pay and maintain the pool.

I think it's a pretty good deal.

Even if we were to purchase a house with a pool already there, just the cleaning and chemicals cost would be more than $400 a year, easy.

Ya, it's a way better deal than working on everything yourself. Just the fact I don't have to worry about calling someone when it breaks is worth a good $100 to me.

I live in Dallas. We specifically bought a house without a pool due to the maintenance costs and reduced market for re-sale. My wife has many years of experience as a realtor in TX, and simply put there are more people who cross off a home during a search because it HAS a pool than those who MUST have a pool to purchase the house.

All that said. A year and a half into living in our house and she wants a pool! We were able to outline the capital costs and recurring expenses for building a pool vs. joining one of the many great pool communities in our area.

After that analysis, it was an easy decision, we joined a pool community.

After a little Googling I can't tell if adding a pool adds any value to your home. Anyone kf you spend $40,000 on a pool do you gain about $40,000 in value per appraisers?

quote:

---

I always suggest moving. Buy a house with a pool. Let somebody else pay.

---

truly a wise move, if you aren't married to your house and land, if impartial to it in the least, think about moving. Oh you can't afford a bigger house but can afford throwing 60k for a pool getting no money back?

Sell house price + 60k equals your price point for more house w/ a pool already. good luck.

quote:

---

Anyone kf you spend $40,000 on a pool do you gain about $40,000 in value per appraisers?

---

If the pool is in good condition when you sell it, it might add 20 percent or so to the value. Plus, you have had all the expenses of maintaining a pool.

If you don't live in Phoenix, don't get a pool.

If you have to finance a pool, definitely don't get a pool.