Will a Pool Increase the Value of My Home?
- Sam Tkhorik
- Jun 25
- 3 min read
GOOD INVESTMENT
Will a pool increase the value of my home is one of the top 5 questions we at Pool Pros are asked during our sales process and with good reason. If you are spending 6 figures or more on a pool you want to be sure it adds value to your overall property.
7 UP YOURS!
I just love these old commercials from the 90's. In all seriousness though, 7 is the magic number, so Make 7 Up Yours! We all know that a swimming pools bring families together and help create lasting memories but will a pool actually improve a home’s value? From the research we have done an inground pool can boost your home value around 7 percent and could make it more marketable when you sell which is a plus. However, the cost of installing an inground fiberglass pool may outweigh the potential home value increase.
VALUE FACTORS
Some ways a pool could increase your home's value is if pools are a regular thing in your neighborhood, the pool is in a climate where the pool can be used in all 4 seasons, the pool blends nicely with your yard and still leaves space.
Here in Wisconsin, we only get a few months of nice weather and swim time, with that being said it is more likely to not see many pools in homeowner's backyards. In the south like Texas and Florida it is very common to see pools in backyards all around neighborhoods making it more than likely to increase your property value and make it easier to sell your home. Here in Wisconsin having a pool may not have any impact on the value of your home.
APPEAL TO THE MASSES
For your pool project to have the greatest value to the greatest number of potential home buyers it may be beneficial to keep things simple. Stick with a simple, timeless pool shape, pool color and pool accessories. The more elaborate or custom your pool is the lower the number of homebuyers that may like it. So if you can select the pool and associated equipment that would appeal to a wider range of people, then the value that your pool project will bring should be higher.
POOL MAINTENANCE
While owning a pool there are going to be utilities that cost you, such as water and heating your pool, which can cost thousands of dollars. Upkeep for your pool will require buying chemicals and adding them to maintain proper pH levels and prevent algae. Vacuuming is another key factor to maintaining your pool and other necessities like telescope poles, brushes and leaf skimmers. These are some of the maintenance costs to consider while owning your pool.
HOMEOWNER INSURANCE
Homeowner insurance is another cost to factor in, it is likely your homeowner's insurance premiums will be higher when you have a pool. If you plan to sell your house with an inground pool in your backyard, buyers will likely pay higher insurance rates as well.
MORAL OF THE STORY
If you are contemplating buying an in ground pool but may be moving in a few years purchasing an inground pool may not have a great "Return On Investment". If you do invest in a pool and may sell in the installment.
SOURCES
SHAMELESS CALL TO ACTION
For more information and ideas about home value with an inground pool call Pool Pros today @ 920-771-0107. We are very excited to help you answer any questions you have and provide a comprehensive pool layout/plan that is perfectly tailored to your needs!
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