Buying a house is expensive, and buying a house with a pool is even more expensive, since you have to pay more for electricity bills, utility bills, and insurance. While a pool might add up to 7% of your home’s value when reselling, a pool can also keep some potential buyers at bay and cost you more money than you expected to spend.
Before you buy a home with a pool, ask the homeowner about the pool’s age, liner status, and condition of the equipment. You must be diligent when it comes to caring for a pool, as you will have to skim it, vacuum it, and maintain the correct pH balance in the water — or even more repairs will be needed in the future.
Your property taxes will go up, and another necessary expense is adding a fence to follow local safety regulations. If you choose to build your own pool, expect various expenses that could set you back more than $50,000.