Wednesday, May 10, 2023

Seven Tips When Buying a Home with a Pool


Dreaming of relaxing on a floaty with a margarita in your own back yard retreat? There are definitely some benefits of owning a pool BUT it does involve some effort, as well as ongoing expenses. Here are 7 tips to consider BEFORE you make an offer on that home with a pool

 

1.      What equipment goes with the pool?

 

Before you write your offer with your real estate agent, know what goes with the pool. Do not Assume anything. We know how that ends.

I’m going to share a story we experienced last summer. More and more homeowners are using “dolphin” robotic cleaners that are portable, plug in to outdoor electrical outlets and are NOT built into the pool system or structure.  Cost of these vary $900-1500 depending on the model. Homeowners were wanting to keep these portable robotic cleaners, since they are not technically a real estate “fixture”. It is very easy for a buyer to assume they stay with the home BUT actually can be excluded from the sale since considered personal property.

Bonus tip:  List clearly on your purchase contract all the pool equipment that may be remotely considered personal property. It would be tough day to buy a home and find out you do not have a way to clean your pool.

To understand the definition of a fixture, go to this previous video https://youtu.be/QsLPdX9yuEw  which explains what is considered a “fixture” in real estate.

 

2.      Get the history and specifics of the pool

 

Ask questions!  When was the pool installed and by who? What maintenance or repairs have been done over the years? What type of pool for example, vinyl liner, gunite or acrylic? Is it chlorine or a salt water system? How deep is the pool and what is included? Who has been maintaining the pool? How often they have to add water to maintain the level of the pool? This will give you valuable information. Understand if the pool is older the current homeowner may not have all the answers but find out what you can which leads into #3.

 

3.      Pool Inspection

 

Hire a licensed and qualified pool inspector during your “due diligence period” if you have a ratified contract to understand the condition of the pool and its system. This is your time to know what you are buying or to potentially negotiate needed repairs.

 

4.      Memories and fun for the whole family

 

Owning a swimming pool means summers filled with splashing, laughing, and making memories together — all in the comfort of your own backyard. People love hanging out poolside. Is this something you would enjoy and find value in?  If so, a pool probably is perfect for you.

 

5.      Insuring and safety

 

Understand the additional cost, liability and responsibility when owning a pool before you buy a home with one.  For example, your insurance agency may have a list of requirement items before they will provide insurance. Know this within your due diligence period to be aware of any additional costs, if any. Pool safety is important. It’s a great opportunity to teach yourself, family, and friends the importance of water safety and a smart idea to get certified in CPR even if you do not have pool. A pool safety fencing may be required in some communities, which often reduces your insurance and your risks.

 

6.      Know YOUR cost to maintain your pool

 

Utility costs will be higher when you own a pool. Consider the additional monthly electric and water bills also gas, if you have a heated pool. Will you be doing the routine maintenance or will you hire someone? What are the cost of the chemicals needed to keep the pool sparkling clean and PH balanced? To me this is like yard maintenance; are you going to do cut and fertilize your grass or hire a company to handle for you? Just know to budget for the extra cost.

 

7.      Health benefits

 

Swimming can improve cardiovascular health, flexibility, and overall physical and mental well-being and your general quality of life. Buying a house with a pool comes with some great perks. Pool owners have access to their private swimming pool to enjoy whenever they wish. Some say it feels like a vacation any day of the week.

 

Considering buying a home with or without a pool? We would be love to be the entrusted real estate team who guides you through the process of homeownership whether it be the Aiken, SC or Augusta, Georgia area. It’s a big decision we know and we’re here to help.

 

Brandi Cook + Vikki Crossland

803.645.3325 | info@aikenhomes.com

Meybohm Real Estate

 

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