Depending on where you live, it may seem like every home comes equipped with a backyard pool. However, only 8% of US homes have a private swimming pool!
Does this low number mean that building a pool in your backyard will increase the value of your home? Does it mean that adding a pool to your property will make your home harder to sell?
If you’re considering the pros and cons of building a pool at home, one question worth asking is, how much value does a pool add to your house?
Read on to find out more about how a swimming pool will impact your house value.
Are Swimming Pools Value-Added Additions?
The reality is that a pool can increase your home value by anywhere between $10,000 and $95,000. That’s clearly a sizeable difference that may create confusion. Let’s talk about the pros and cons of adding a pool at home to get a better sense of why this range is so large.
The Pros of a Home Pool
If you live in a warmer climate, a pool is considered a nice amenity. This is especially the case if your pool is in-ground and built with the latest self-maintaining technology.
In fact, living through a pandemic may have increased the value of a home pool. People are looking for ways to have fun without heading into crowded, tourist-attracting spaces. A pool is the perfect solution for pandemic boredom!
The Cons of a Home Pool
Not all pools are alike. Above-ground pools, for example, will not yield the same ROI as an in-ground pool.
Some buyers will also see a pool as a money pit, rather than a worthwhile investment. This is especially the case if your pool already has maintenance issues or you live in an area with minimal pool-appropriate days. If the ratio of upkeep to enjoyment is out of whack, you’re looking at a low addition to your home value.
When to Ask, “How Much Value Does a Pool Add to Your House?”
Does it matter how much value a pool will add to your house? It does if you’re considering selling in the next five years. However, if you’re adding a pool to your long-term home as a way to increase your own personal enjoyment, you don’t need to put much stock into the ROI at this time.
What to Do If You’re Selling a House With a Pool
If you’ve added a pool to your property and it’s time to sell, you’re going to want to work with experienced real estate agents like the ones at Searchnwa.com. A real estate agent can help you make the best investments into your pool to yield a high ROI. They can also match you up with buyers who consider a pool an asset, rather than a hindrance.
A Well-Maintained Pool Can Add Value to Some Homes
How much value does a pool add to a house? This all depends on the type of pool, the location of the house, and the extent to which you take care of it. Work with an agent to sell your property with a pool to get the best ROI.
Looking for more answers to your home improvement questions? Look around for the information you need to get the most out of your home value.
