Pools are in hot demand among young families looking to upgrade their homes since the pandemic hit, but they are not for every buyer type or suited to all properties
Young families are often more interested in homes with pools than downsizers.
In general, a swimming pool can add value to a property, especially if young families are interested in the home, said James Sarzano of Stone Real Estate North Ryde. Properties that strike the balance right in having a pool with enough green space for kids to run around, and an alfresco area for entertaining, were popular, such as his listing atThe seller of the North Ryde property Carolyn Gibb said while the pool needs regular upkeep, it has paid for itself off over the years since they built it and their house two decades ago for their then-growing family.
without a pool sold for $2.8 million. Although it was on a smaller block than its neighbour, Agents and Co Property Group’s Nick Papas handled the listing and thought it could have achieved $200,000 more if it had a pool.“The reality is if Victoria Street had a pool it would be hitting the $3 million mark,” Papas said, adding that the property was sold to an older family.
“Some buyers do see it as a negative from the maintenance side of things. But then also some people see it as an asset, it’s a point of difference when it comes to selling.”
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