According to HomeAdvisor.com, the average swimming pool costs a whopping $18,814. Considering how infrequently most people actually use their pools, installing a pool at your house is usually a massive waste of money.
This user is currently being ignored
I have had a pool in the past... And it is a tremendous amount of work and a lot of money. Just to open the pool for the season cost me several hundred dollars in chemicals, and I did all the work myself.
Between the electricity to run the pool pump and the cost of the chemicals day to day it probably cost $500 for the three months that is open... And that is over and above the cost of the chemicals to open the pool and to close it at the end of the season.
Definition of a pool: a hole in the ground you throw money into
It depends on where you live. Houses with pools in my Florida neighborhood are much more desirable than those without.
A lot of people don't want one when they look for a house. There's the maintenance and you have to be very careful with young kids.
Had a pool when we lived in Vegas. Open early April thru October. Used it every day. Upkeep was minimal - husband and I shared the duties. Worth every penny!
That's new to me since real estate agencies advertise for the pool as an asset.
And from a resale point of view it can be seen as an attractive nuisance and may limit your audience
People asked me and my wife if we were going to install a pool at the new house. I told them that it will not happen.
I was gonna say it might increase resale price! But I've never sold a house with a pool so 🙃
How is someone's financial situation in any way related to whether or not a pool is a waste of money? If I'm a billionaire, does that mean that buying 1,000 bottles of Dom and pouring them into the ocean off the side of my yacht is not a waste of money?
Lots of enjoyable things are a waste of money. Some people just have more to waste than others.
Don't forget the risk of skin cancer by exposing your body to harmful UV rays repeatedly.
It depends on where you live. In Phoenix AZ, summers are above 100 degrees, a pool is great! I installed a bolt to the deck thick vinyl cover, when I pull the cover off in March all I need do is a little shock, I only run the pump and filter @2hrs a day. Very little cost and maintenance.
I think it's because most home buyers do not want a pool. However for the 20% of people who do want a pool, they really want one and are willing to shell out big money for them. At least that's what I've read and it seems to make sense.
It depends on the family but I personally know many who did not want one.
If you can afford it, that's your own business. It's more of a landscaping thing than a recreational thing to many.
This. If I lived in the sunbelt I would have one. A waste in Oregon
You can also take it with you if you move house.
Cleaning the leaves out would be a problem. Hate chemicals. So not for me. invite over to yours sounds good.
We bought our home because of the pool. My wife loves it, and is in it every day -- April to October.
Might be kind of impractical here in Northern Minnesota unless it big enough to do double duty as a skating rink.
As long they can afford it and they enjoy it I don't think it's a waste.
Not always. It depends on the location and if people are looking for a pool.
I have had large houses with pool and many bedrooms and baths. Some people perceive pools as too much work.
That's why I have one of those above ground cheapo models.
Infrequent? We use ours pretty much from March until October-November-ish....
My parents installed a pool something like 25 years ago
It didn't get used for more than about 10 years, before it began to be ignored,
I enjoy the pool so much.
Considering the amount they get used plus the maintenance cost, but it does add to the resale cost so there's that.
Above ground pools have never been cool lol.
Wasting money is always wasting money no matter how much wealth you have. If you're rich then you just have more money that you could potentially waste.
You can alternatively put up an aboveground pool at a tenth of the price or less for the biggest ones which ate the only ones big enough for a swim.
Depend on where you live.