HOME IMPROVEMENT: Does pool add value?

Many homeowners that I meet ask if building a swimming pool is worth an investment where they can recoup cost when it is time to sell.

#1 Decide on the purpose. If the aim is for the family to use and enjoy the pool, then equating investment return will not make sense.

#2 Neighborhood pools. If most of the homes in the neighborhood have a pool, then having one will certainly help in future resale.

#3 Design/Maintenance of the pool. In my years of experience, a properly designed pool that is maintained well increases the chance of selling the home.

#4 Pool and SPA. This, again, depends on the usage.

Given the above factors, a majority of the buyers feel they will be getting the pool at 40 to 70% discount against the actual cost to build. A few buyers who are budget conscious would avoid a home with a pool as it will add to their monthly fee to operate.

In summary, if you decide to build a pool, your decision should be primarily driven by its usage, memories you create using and maintaining it.

If you are in the market to buy or sell, contact Poogle (972)4087402, an experienced and knowledgeable REALTOR(R).

Leave a Reply