I got an estimate for doing this and it was around $7-8k. So, you have to decide for yourself, is it worth to spend $7-8k to reduce your equity. When you refi, appraiser will give you around $10k (depending on the size and condition of the pool) in equity for having the pool. So, in essence, you’re “spending” $17-18k to remove the pool (combination of cost and lost of equity). This is the reason why we decide to just keep the pool. Although our two little babies might not use it now, I can see them making good use of it in 5-7 years.