Arizona Purchase Real With Pool
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FAQ
A pool could add between $5,000 and $25,000 to your home's value.
You can only expect an average of around 50% of the pools value on investment return. Keep in mind that there are a lot of variables that come into play as well, such as market condition, conditions of the pool and house and so on. The 50% ROI is an average figure for Phoenix area.
Fox said although it can cost $30,000 or more to build a pool, that concrete pond only adds about $10,000 to the value of a Phoenix-area home. Appraisers can add up to 50 percent of what a homeowner paid for a pool to a property's value, said Arizona housing analyst Mike Orr.
A recent study of single-family homes in the Phoenix metropolitan area showed that nearly two-thirds of homes do not have a swimming pool.
In Phoenix, the story is a bit different. A pool adds $11,591 to the value of the typical home in the metro area, the lowest on the list of places where a pool provides a premium.