Houses with Pools: Does It Add Value to Your Albuquerque Home
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Tracy:
All good. So Tego, yes. There are 67 properties in our MLS that say they have a swimming pool. Now I looked through ’em as you were doing some stats. Yep. And at least one that I can see is a community with a swimming pool. Yeah. That’s so that’s all, so yeah. Yeah. That’s there are people who love neighborhoods like Stonebridge has a swimming pool in the community. Yes. And that’s a Syntex former formerly built by Syntex off McMan and golf course on the west side, a very nice neighborhood, much loved. They have a swimming pool as part of their master plan. I don’t know if it’s private or public, but those types of neighborhoods exist. And you know, one of the beauties about Stonebridge and other neighborhoods like that, mm-hmm <affirmative> are you get to know your neighbors because you’re all at the pool together. The, the moms, the dads that go with the kids to watch ’em swim, get to know each other and they have a sense of community. So community pools in my book, awesome. Like Kaison has a, a community pool. It’s a public pool, but people think of it as Kazan’s pool. Right, right. It’s Rio Rancho Kaan, but it’s a city pool. There’s Haynes park pool, and all the people around Intel and that live in that neighborhood get to know each other. Right. And that’s the best thing is knowing your neighbors. So
Tego:
Well, that reminded me of something. So I went to vote on Tuesday and I voted, I did too. And you, we
Tracy:
Did our, I waited in line over 45 minutes really voted. And it was like 90 something that day. Yeah. They had us all wrapped around under the shade though in CORs,
Tego:
In CORs. So yeah, we live in CORs. We voted at the the, what is that called the community center at, in CORs and the, the pools right there. Right. And so there were a lot of, you know, families coming in and out as we were waiting to get our, get our chance to, to
Tracy:
Vote. So didn’t it take you back to the days? Oh,
Tego:
It did. We used, used
Tracy:
To go, we used to take the kids to the CORs pool. It was so fun. It’s got a water feature and yeah, I, I was reliving it as I stood in line waiting to vote.
Tego:
Okay. So we’re talking about pools do pools add value to a property? That’s always a big one that comes
Tracy:
Up. So I know this is all just off the cuff, but yeah. You know, for some people, a pool is a great feature for other people. They wanna know how they can get rid of a pool if they like the house. Right. So it depends on the type of pool, the overall feel, the overall field, the outdoor living space. Yep. The condition of the pool. But do they add value from a appraisal standpoint? Not really,
Tego:
Right. Yeah. It, it, it’s one of those things that’s difficult to quantify for an appraiser. And, and actually cuz when the appraiser is looking at values of property, they have to find one property that’s sold with a feature and one property or more than one, actually a comparison, you know, a group of properties that’s sold with a feature without a feature and, and document that there’s some sort of difference in value. And that can be difficult with, with the swimming pool. Although it does obviously a beautiful, you know, landscape backyard with the swimming pool is gonna add intrinsic value as well.
Tracy:
Absolutely. The whole, the whole, how the outdoor space feels right. Can add value to a property. But think about people when they call us and they say, I’m thinking about adding a pool. And I’m wondering if it’ll, I’ll get that 40,000 back if I need to sell in a couple years. And the answer is no, you won’t get 40,000 back. Probably not for whatever, a hundred thousand back to do your outdoor living space. I know there are people who spend over a hundred thousand on a pool and outdoor living spaces, depending on what you’re doing. But you know, think of the, the memories and the enjoyment you’re gonna get out of that pool. And that’s why people do it anyway. Of course they know it’s not about the money it’s about lifestyle,
Tego:
Well lifestyles making memories. And you know, if you’ve got kids, it’s one of the, the, the greatest things you can, you can have at your home. You
Tracy:
Know, we had our kids Tigo in swimming lessons when they were babies. Right, right. We took them and
Tego:
Kay’s all swim on fourth street.
Tracy:
Yeah. There’s several swim places like that. Now that do those baby classes where you get in the pool and you teach your kids how to put their face underwater, but mostly what they teach babies. And I’m talking less than a year, old babies and two year old babies. Right? Yeah. They teach ’em to find the edge of the pool and hold on. So if they accidentally fall in, they know to how to pop up and find the edge of the pool. But you know, with pool covers these days, obviously they hold people. So if you have your pool cover closed, you know? Yes. Babies can’t.