Become a TFP Supporter Pool Math Forum Rules Pool School
Results 1 to 14 of 14

Thread: Pool build vs. moving to house w/ pool?

  1. Back To Top    #1

    Join Date
    Jan 2011
    Location
    West Tennessee
    Posts
    43

    Pool build vs. moving to house w/ pool?

    We have met with 2 PBs. We have lived in our house for almost a year. The pool that we are interested in building will cost us between $60k - $70k. The house across the street recently went on the market and it happens to have a gunite pool. We're going to walk through it next week with our realtor, but from pictures the pool seems like a pretty basic gunite pool (so not my dream pool). I have a feeling that our house is probably nicer than the one on the market. I'm guessing that we could buy that house for about $10k more than what we paid for ours. So.... would you consider the move? Moving seems like the less expensive route to go, and probably less headache (atleast for the short term). With the money saved we could probably fix the house up to how we like it, probably do an outside kitchen area, etc. I would love to hear your thoughts. Thanks!

  2. Back To Top    #2

    Join Date
    Oct 2011
    Location
    Frisco, TX
    Posts
    47

    Pool build vs. moving to house w/ pool?

    Selling without reason is a waste. Realtor fees. Moving.
    Size 13,000 gal | Filtration Jandy DE 60 | Sanitation PLC1400 SWG, Rainbow 320 | Placement in-ground (IG) | Coping Tennessee Crab Orchard
    Finish pebble smooth Tahoe Blue | Pumps Intelliflo VS+SVRS 3.0HP main | Lighting Jandy LED Spa/Pool
    Location Frisco TX US

  3. Back To Top    #3
    JasonLion's Avatar
    Join Date
    May 2007
    Location
    Silver Spring, MD
    Posts
    37,879

    Re: Pool build vs. moving to house w/ pool?

    A pool never increases the value of the property by as much as it costs, so there are cases where moving can be a good economic choice. However, moving brings in so many other factors that it is impossible to make a purely economic decision. Personally, I would never consider moving for something as small as a pool just because I hate moving.

    Building your own pool will give you exactly what you want, all brand new with many years before you need to worry about any of the big maintenance items.
    19K gal, vinyl, 1/2 HP WhisperFlo pump, 200 sqft cartridge filter, AutoPilot Digital SWG, Dolphin Dynamic cleaning robot
    Creator of PoolMath and Pool Calculator. Other handy links: Support this site, TF Test Kits, Pool School

  4. Back To Top    #4
    texasdad's Avatar
    Join Date
    Jun 2011
    Location
    DFW Metro
    Posts
    186

    Re: Pool build vs. moving to house w/ pool?

    Your going to spend at least 10% of the home value on realtor fees and mortgage costs. It is also a huge PITA!

    Building a pool will raise the value of your home, but not as much as it cost to build. Maybe 1/2.

    $70k is an expensive pool. Maye you can trim there?
    13k gallon IG gunite pool
    Jandy 2 speed pump
    Jandy cartridge filter
    Stenner Pump and tank

  5. Back To Top    #5

    Join Date
    Jan 2011
    Location
    West Tennessee
    Posts
    43

    Re: Pool build vs. moving to house w/ pool?

    Quote Originally Posted by texasdad
    $70k is an expensive pool. Maye you can trim there?
    We probably can trim, but the very basic gunite pool is in the $40k here. I don't think that we are doing anything fancy, but we want some decking (which will be pea gravel) and I don't like white plaster pools. I guess we could always do a basic vinyl and cut the cost by 1/3. So many decisions .....

  6. Back To Top    #6

    Join Date
    Dec 2009
    Location
    Central Massachusetts
    Posts
    2,690

    Re: Pool build vs. moving to house w/ pool?

    Consider a vinyl pool. They are great pools and are a lot cheaper than gunite. Gunite pools are nice, but IMO, are really over rated considering the cost vs vinyl.
    14,000 gallon IG, Vinyl. Hayward 3/4 hp superpump, Penatair IC40 SWCG, Pentair automation, Hayward sand filter, Aqua Comfort heat pump, Hayward 400k Lo-Nox LP heater.

  7. Back To Top    #7
    Lana537's Avatar
    Join Date
    May 2009
    Location
    The Triangle, NC
    Posts
    242

    Re: Pool build vs. moving to house w/ pool?

    Hi there~~

    Just curious--what are the ages of the two houses? How old is that pool across the street?

    It certainly cannot hurt to have a walk through across the street. The realtor(s) will deal with the house but not the pool. You want to see the pool with its circulation system running (so you know it works rather well), and then--you want it turned off. Have a good look at the whole pool while the water is perfectly still so you can see every darned flaw, problem, and submerged surprise.

    I wish I had known to do this when I bought my pool that came with a house on the property.

    Lana
    23,600 gallon, refurbished 1960's inground concrete, Jandy sand filter w Jandy 2 hp variable speed pump, Pool Pilot Digital SWCG+Chemtrol 2100+CO2 tank; PebbleTec White Pearl with 10% Cobalt Blue Dark Beadcrete by Olympic Pool Plastering, Georgia. Taylor K-2006 Test Kit; Aqua Check Salt test; LaMotte borates test, and Jack's Magic Sequest test kit; SparklyPoolitis level: extremely high.

  8. Back To Top    #8
    bobodaclown's Avatar
    Join Date
    Apr 2011
    Location
    Lakeland, FL
    Posts
    2,351

    Re: Pool build vs. moving to house w/ pool?

    We we're looking into installing a pool in the house we had (liked the layout) but with our market downturn it was more cost effective to use the money we were going to use on the pool for a down payment on anther house with a pool and nicer neighborhood. We were able to rent out our first house. It took a few months to rent out the house, but well worth it. Each situation is different. You'll need to weight the pro and cons for your situation.
    17K Kidney Shaped Pool Concrete (Diamond Bright) Pool, 3/4 hp 2 speed 115V Sta-rite Duraglas PEA5D-180L/P2R5D-181L (Impeller C105-92PS Diffuser C1-216P), 1.5 piping, Pentair CC100 Filter , Heat Siphon 100K BTU Heat Pump Pool Heater, Flow meter Blue White Flowmeter Model No. F-30150P, Hayward Astrolight SP0581N, SWCG CalimarTitanium Edition TE45 , Dolphin Nautilus Plus with CleverClean, Lakeland Florida

  9. Back To Top    #9

    Join Date
    Jan 2011
    Location
    West Tennessee
    Posts
    43

    Re: Pool build vs. moving to house w/ pool?

    Quote Originally Posted by Lana537

    Just curious--what are the ages of the two houses? How old is that pool across the street?

    Lana
    Both houses were built in 2000. I will definitely take your advice and look into the pool more extensively.

  10. Back To Top    #10
    XsAllOverIt's Avatar
    Join Date
    Dec 2010
    Location
    Mount Airy, Maryland
    Posts
    560

    Re: Pool build vs. moving to house w/ pool?

    Don't consider building a pool as an investment. Build it only because you want it. We applied for a re-finance prior to building our pool and our house was appraised last year in August 2010 at $310,000 and that's after the significant down-market. After building our pool, it's already cost me over $110,000 to build and I did all the walls and pool house myself. The pool was built by a PB for $55,000. After it was all done, this year we had to do a home equity loan to recover some overruns and had the house appraised this Summer at $305,000, SO that means our house went down after investing $110,000, so building the pool in actuality cost us $115,000 and we couldn't sell the house for any more than what we could have prior to building the pool. The most ironic thing, the first appraisal came in at $286,000 this summer which really irritated me. I'm just trying to tell you, if you're building a pool in these times, don't assume you'll get any payoff from building the pool in the next few years. There are a lot more houses on the market and they aren't moving. We have no desire to move or sell, so it wasn't part of the thought process on our end.
    18 x 36 Inground Gunnite, White Plaster 21K gallon
    18" raised spa, 8' Diameter (620 gallon)
    Triton II Sand filter, Intellichlor IC40 SWG
    Pentair Pump, Max-E-Therm 400 BTU
    Lamotte ColorQ PRO 7-Plus test kit
    TFT-100 test kit

  11. Back To Top    #11

    Re: Pool build vs. moving to house w/ pool?

    Building a pool is the worst investment you can make. I don't even like thinking about it... but I have exactly the pool that I wanted. It's pretty hard to find a new home with the back yard you've been dreaming about.
    Shelley
    Denver, CO

  12. Back To Top    #12
    XsAllOverIt's Avatar
    Join Date
    Dec 2010
    Location
    Mount Airy, Maryland
    Posts
    560

    Re: Pool build vs. moving to house w/ pool?

    If you worry too much about bad investments, you'll never have fun. I love my pool. Just got to do it within your means. We sacrifice a lot of other things to get the backyard satisfaction.
    18 x 36 Inground Gunnite, White Plaster 21K gallon
    18" raised spa, 8' Diameter (620 gallon)
    Triton II Sand filter, Intellichlor IC40 SWG
    Pentair Pump, Max-E-Therm 400 BTU
    Lamotte ColorQ PRO 7-Plus test kit
    TFT-100 test kit

  13. Back To Top    #13

    Re: Pool build vs. moving to house w/ pool?

    I have a type of psychosis that allows me to enjoy something and not like it at the same time. Honestly though, I don't enjoy swimming all the much but I really like the technical aspects of the pool.

    ... back to configuring my controller.

    Quote Originally Posted by XsAllOverIt
    If you worry too much about bad investments, you'll never have fun. I love my pool. Just got to do it within your means. We sacrifice a lot of other things to get the backyard satisfaction.
    Shelley
    Denver, CO

  14. Back To Top    #14
    XsAllOverIt's Avatar
    Join Date
    Dec 2010
    Location
    Mount Airy, Maryland
    Posts
    560

    Re: Pool build vs. moving to house w/ pool?

    Quote Originally Posted by fyton2v
    I have a type of psychosis that allows me to enjoy something and not like it at the same time. Honestly though, I don't enjoy swimming all the much but I really like the technical aspects of the pool.

    ... back to configuring my controller.
    You know I can relate to that. Sometimes I often wonder if it would be much easier to have nothing at home and go travel to get those needs satisfied. Oops, it's too late. Just invested in this pool. Guess I'm stuck.
    18 x 36 Inground Gunnite, White Plaster 21K gallon
    18" raised spa, 8' Diameter (620 gallon)
    Triton II Sand filter, Intellichlor IC40 SWG
    Pentair Pump, Max-E-Therm 400 BTU
    Lamotte ColorQ PRO 7-Plus test kit
    TFT-100 test kit

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •