I am a Realtor, and in general a pool adds about $10,000 to a property here in Arizona. It may add a little less if the pool is old or needs a lot of work. If you are putting a pool in and spend $20,000...you still may only increase your value by $10,000. And as a Realtor in upstate New York, where summers are short, a pool can actually decrease value. In 27 years of business, I've seen almost as many filled in as installed. Unless you're staying in your home for a long time, or willing to "write this off" as a hobby type expense, it's better to visit the YMCA than to spend the money. I live in the Midwest - and a recent appraisal showed a 10K increase in my home's value because of the pool. You will not recoup your entire investment - although that should not impact your decision to install a pool. What could be more fun? In San Bernardino County, CA, the tax assessors office added $17,500 to our tax basis for our pool and spa, which I understand from my pool contractor is a standard amount. I don't know that it actually increased the re-sale value by that amount, but we don't plan on selling anytime soon, and we can usually swim with minimal heating of the pool for 5 to 6 months out of the year. $17,500 may actually be about right with our long swim season. In the Midwest, pools decrease the value of high-end ( 2 million plus) homes. When we bought our house, the listing included an offer to fill in the pool for free. Ten years later, we are selling and the Realtor has advised that we have to include such an offer, as most buyers will not want a pool in a climate with such a short swim season.
In Texas we swim about half the year. In the last 7 years we've bought and sold two homes with pools and three homes without, actively looking for and pricing our third home with and without a pool. In our experience, homes with pools are priced the same as homes without. In other words, it adds nothing to the resale value of your home. It will reduce the value of a home if very little yard is left over, as that eliminates pretty much anyone with kids or dogs.
A certain percentage of people really want a home with a pool, but many, if not most, people really do not want a pool. You will have fewer people looking at your house if it has a pool, but those who are intent on buying a home with one will have fewer to choose from, so it balances out.
My advice would be to put in a pool only if you love your current home and are certain to be in it for a long time. Considering the expense and the mess, you might be better off moving to a house locally that already has one.
that depends on the size and quality of the pool.
They make a house look much more modern. I understand it can increase your home value by at least $3000.
that depends on the size and quality of the pool and spa enquuire with a local real estate dealer for the best advice.
It may add some value to your home, but probably not as much as it would cost to remodel and have one put in.
My home has a beautiful southern exposure. On the south side of the house is a large deck. If I were to add a sun room I am sure the value increase to my home would be much greater than the cost of the sun room. In fact, this is something I have been considering for some time now.
If it is a colder region then a fireplace is a significant asset to add to the house and also increase the selling value. A hotter place will already be too hot for any extra heat.
it loses value. value is supply vs demand. many people don't want a pool in their house, you eliminate that group from consideration thereby reducing demand.
By adding weight to the car this will increase how much the suspension is compressed.
by 20percent i think
If you measure the water level before adding the ice, the level will increase. If you measure the water level after adding ice, there might be a slight increase, but not much after it melts.
% increase = 17.71% % increase = |original value - new value| /original value * 100% = |21610 - 25437| /21610 * 100% = 3827 /21610 * 100% = 0.1771 * 100% = 17.71%
Adding onto the home will not make you rate increase by itself. However, you probably will have to increase the amount of coverage you have to reflect the increase in replacement cost. I would suggest that you contact your insurance agent and explain that you have added onto the home and ask them to see if you have enough coverage. If you do not have coverage equal to a certain percentage of the replacement cost you can be penalized on any claim in the future. This depends on what type of homeowner's policy you have and how much coverage you have. This is not something you want to find out after a kitchen fire.
Adding heat to something generally increases its volume. In rare cases, adding heat to something like ice may actually decrease its volume. The increase in volume of a heated gas is much more significant than the increase in volume when solids and liquids are heated.
How much value it adds with depend on the square footage and how much curb apeal it adds. Learn more here http://www.ehow.com/how-does_4681409_sunroom-add-value-home.html
That depends on where you are and the quality and extent of the work.
it means adding that much more value to the original number
The law of diminishing returns implies that adding one factor of production does not always mean an increase in output. In agriculture, adding fertilizer may increase output, but if too much fertilizer is used, it may end up poisoning the plants.
There are to many for give a straight up answer, hiring a professional estimator would be your best option or check out the real estate market for similar homes that already have decks.
They increase also as you are adding energy, so the particles are moving around at a much faster rate per energy added.
If you contact your mortgage provider they will be able to tell you how much you still owe them, which, coupled with the market value of your home, will tell you how much you own of your home.
Adding on to your house will in fact add to the equity of your home. The amount that will be added, however, will depend on things such as the cost of the project, where you live, and how much your house is worth.
You can choose exactly how much fat and gristle you put in there. You will also not be paying for someone to make the Mince. I believe it is called value adding when someone minces some rubbish meat and then calls it prime mince.
If you are thinking of selling your home anytime in the near future, you may first want to stop and think about the things you can do to increase the value of your home. By evaluating what you could do to improve your home's quality, appearance and overall features, you may actually make huge gains in what you can get out of selling the home down the road. If you just take one year to do things such as purchase new windows, lay new linoleum on the floor and repair your roof, the money invested is sure to come back in much larger amounts at the time of sale.
Adding salt to water will increase the volume based on the amount of salt added. This is because the saltcrystals displace the water molecules. Remember that volume is a measurement of how much space matter consumes.
not really. ----------------- The above answer is incorrect----------------- Yes It could increase the value by as much as 15%