Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 (Denver Mods 7/26/84) 6/24/83; site drutx.UUCP Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!mhuxn!ihnp4!drutx!slb From: slb@drutx.UUCP (Sue Brezden) Newsgroups: net.consumers Subject: Re: House improvements--swimming pools Message-ID: <37@drutx.UUCP> Date: Fri, 27-Sep-85 10:01:27 EDT Article-I.D.: drutx.37 Posted: Fri Sep 27 10:01:27 1985 Date-Received: Sun, 29-Sep-85 08:09:15 EDT Organization: AT&T Information Systems Laboratories, Denver Lines: 35 >> improvements make for a high appreciation rate, and others >> actually detract from the value of a house, such >> as, for instance, an inground swimming pool) >> >Why is this the case? It seems counter-intuitive to me. I don't know for sure, but it seems like the upkeep on a pool would be a detriment. There are chemicals, filter pump and heating costs, and the effort of cleaning it and getting it covered and uncovered. In this area, the cost of water can be non-trivial (depending on which suburb you live in). Also, I believe that your liability insurance rates can be higher. There is always the chance that some neighborhood kid will get in there and drown (there were several cases like that in Denver last year). In addition, there are a lot of people who are just not interested in swimming. They would not want to buy the house (it's not easy to rip out a pool) and this makes your market smaller. What other "improvements" can detract from property values, and which improvements are good ones to make? Does anyone out there have any information on some? -- Sue Brezden Real World: Room 1B17 Net World: ihnp4!drutx!slb AT&T Information Systems 11900 North Pecos Westminster, Co. 80234 (303)538-3829 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Your god may be dead, but mine aren't. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Brought to you by Super Global Mega Corp .com