Hi, guys and gals. Agata here from Dolfin RGV. Should I need to fix the pool when I’m going to sell my house? Well, it depends. If your house is in the luxury homes segment, probably it will make sense to fix your swimming pool. But if your house is in a medium range of houses, for our McAllan and the Valley area, if you are under $200,000, probably the numbers wouldn’t make sense to fix your pool. Nobody will pay you the premium, and you will have to put a lot of money into it. Fixing your leaking pool can set you back more than $15,000 or more and the home value will not increase more than $7,000 for a pool. So if you have an old pool that needs resurfacing or other kind of large maintenance work, you need to run your numbers to see if it will make sense in your unique situation. Summer is coming and some people will certainly enjoy the pool. But if your pool is not working and it requires major work maybe you don’t have the money to fix it and more then likely you won’t get your investment back if you are selling your house anytime soon. At Dolfin RGV we buy houses in the following cities in Texas: McAllen, Hidalgo, Pharr, San Juan, Alamo, Edinburg, Mission, Donna, Mercedees, Weslaco and around the Valley. From our experience it does not pay off to fix a swimming pool if you are not going to keep the house. In additino, half of the potential buyers isn’t looking for a pool because they are afraid of the liability and high maintenance costs involved with keeping the pool clean and sparkling.
When you have a pool, you limit the number of potential buyers in half since half people want a pool and the other half doesn’t. Fixing a damaged pool is very expensive and more than likely will not make sense money wise if you are looking into selling the property. However, if you are dealing with a traditional buyer, who more than likely needs a loan to purchase a new home, the lender will request an inspection and the inspector will want to pool to be fixed in order to proceed with the sale. Also, the new homeowner won’t be able to obtain insurance if the pool is inoperational. So selling a house with an ugly pool may require either fixing the pool, removing the existing pool or selling a house to a local investor that will buy the house as is. That means the house in as is conditions without any repairs or upgrades to be able to close the deal.
If you want to sell your house fast and you have an ugly pool you may consider selling to a professional home buyer instead of listing your house with a realtor. You don’t want to face inspections, and potential buyers requirements to bring that ugly pool up to date. At Dolfin RGV, we are a local home buying company that knows our South Texas market. We buy all kind of houses, any condition. If you don’t want to make repairs before selling your house, give us a call or text at: (956) 904 5234 or fill out the form below, and we can give you a cash offer for your property. We deal with customers facing different situations and try to give them solution to their real estate problems.