Flip House with a Pool - Fill or Replace?

Question

Hi Guys,

We found a great house with flip potential that has an in-ground pool.  Trying to determine if it is worth putting in a bid for.

Question - How much does it cost to remove and fill a in-ground pool?

How much does it cost to just replace all the equipment and get the pool running?

Thanks!

J Scott · Answer

Having a pool will likely appeal to a certain segment of buyer, and they may very well be willing to pay a premium for the property.  But, as you suspect, it may also limit your buyer segment as well.

I would talk to a local agent who knows the area and can guide you on the right approach.

In terms of cost, cleaning and replacing all the equipment could be as much as $5000, assuming the liner is in good shape.  If the liner needs to be replaced, it could be a few grand more.  If most everything is working, it could just be a few hundred to clean.

To fill it in properly is probably $2000-5000, depending on size, configuration and accessibility.

Xuan "Swan" Redding · Answer

WOW - talk about creative thinking! :) Thanks Ben!

Ben R. · Answer

I have wondered if converting a pool into an elaborate water feature such as a pond with a waterfall and some surrounding vegetation and rock features would be an alternative to the cost of complete dismantle/removal. I think I read somewhere that 3' is the .govs demarcation point between water feature and pool.

Another option might be to cover the pool and turn it into an underground reservoir for a lawn irrigation system or geothermal heat pump.

Xuan "Swan" Redding · Answer

Thanks for the advice BP Team! :) I guess we'll put it into our rehab costs and see if we can make it work.

Wayne Brooks · Answer

Depends partly on the neighborhood.  Just a pump, filter, etc.  $4-500.
To partially demo, fill in could be a few thousand.

Flip House with a Pool - Fill or Replace?

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