Here's my reasoning:*
- The average in-ground pool can be filled in for $5000.
- An average 14x28-foot in-ground concrete pool potentially adds 5 to 8 percent to the real estate value.
- Let's assume 6.5% x 650K = $42,250 for San Diego.
So in the ideal world I find a pool-lover and make $42K more on the sale.
But what if most prospective buyers are young families that see the pool as a safety hazard for the young children?
So I list it like this:
Beautiful backyard pool. Seller will split the cost of of filling the pool if buyer does not want a pool.
And if that becomes a deterrent to a fast sale I can just fill it myself.
Let me know if you agree.
*References:
https://www.homeadvisor.com/cost/swimming-pools-hot-tubs-and-saunas/remove-and-fill-in-pool/
https://www.hgtv.com/outdoors/outdoor-remodel/does-pool-add-value-home
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