A pool is one of the few home improvements you can make that will actually add value to your home, so it’s no wonder why many homeowners are choosing to do just that. Although there are a number of factors that determine the exact amount you can expect for a return on investment (ROI), here’s what we know about how much a pool costs and what it adds to your home’s value.
It’s all about the return on investment
There are three things you will pay for when it comes to a pool:
- The cost of the pool itself
- Maintenance costs associated with the pool
- Pool accessories (e.g., chlorine, pumice stones, etc.)
Are these expenses worth it? Well, it all depends on a couple of factors:
- Buyer characteristics : If you are ever thinking of selling, then your home automatically becomes more valuable to a buyer who wants/requires a pool.
- Your neighborhood : Living in a neighborhood where every other home has a pool does lessen the value of yours. However, if this is true of your neighborhood, a pool-free property is even less valuable. On the other hand, adding a pool to your home in a neighborhood where private home pools are scarce skyrockets the value of yours.
- Regional climate: Of course you might not really want to invest $100,000 dollars on an in-ground pool if you live in an area where there is snow on the ground for six months out of the year. Typically, hotter regions see a better return on investment when adding pools to their home.
- Pool quality: You want your pool to become a luxury and not a liability. This means a well kept and clean pool.
A healthy resale market is important
You should know that pool builders are not in the business of selling homes, but custom home builders are. Pool builders are in the business of building pools, which they do very well. The two things are not related. If you’re looking for someone who can help you build a new pool and then sell your home later on , you should find someone who cares about your home as a whole and not just a section of it.
Every city is different, but nationally, it all balances out in the end
The cost of a pool can vary depending on where you live, how big it is and what type of pool you get. However, if you’re in the market for a new pool, don’t worry about the initial investment; nationally speaking (and even locally), there’s no correlation between having a swimming pool and selling your home for less money.
In fact, according to research from Realtor.com and Zillow (two real estate giants), homes with pools sell for more money! That’s because buyers prefer houses with private pools over those without them—they like being able to take advantage of that aquatic space whenever they please. Plus: There are plenty of potential buyers who’ll be looking for houses where their families can spend time together outside as well as inside—and this means more competition when it comes time to listing your house on the market.
If you’re looking to build a pool and add value to your home, contact us today!
We can help you add value to your home by building an in-ground pool or custom swimming pool.
A swimming pool can add value to your home, increase its resale value and make it more marketable. When you install a swimming pool, people will see the value of your home increase. They’ll notice how desirable and inviting it looks with its sparkling blue water and warm sun reflecting off its white walls.
We believe that installing a swimming pool in your home is a great idea if you are looking for the best return on investment on your house. Not only will it be something to enjoy for years to come, but also when it comes time to sell the property: having an above-ground or inground pool adds value and increases its saleability. The most important thing is to ensure that you get high quality work done by highly experienced installers who know exactly what they’re doing!
