Supply and demand drives prices. There are typically several relatively expensive high end homes available with pools, so a pool in a home like that would tend to add less value simply because of the supply. On the other hand, it is very difficult to find a relatively modest home, at a more affordable price point, that has a pool, especially one with a view and privacy. A pool would most definitely add value to such a home. That’s one of the primary reasons we felt comfortable adding a pool to our very modest home with a private wildlife preserve in the back yard. We searched long and hard to find such a home and it simply wasn’t available, so we bought our modest home and had the pool built. Our home has approximately doubled in value since we bought it 10 years ago, even after taking into account the cost of adding the pool. Also, it doesn’t hurt that the cost of building a pool has about doubled since ours was built.
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