Can a Pool Increase Home Value?
Naturally, pools are more useful in areas with sunshine and warmth.
Swimming pools are popular and welcome additions to any property. They provide a great place for fun, exercise, and happy times with family and friends. They may also add some value to a property, helping homeowners get a better price when they sell.
This guide will consider how pools can increase home value.
Do pools make homes more valuable?
While homeowners may hope for a simple answer to this question, the truth is that it depends. A swimming pool can certainly increase the final sale value of a home, but various factors need consideration.
The type of pool
There are two types of pools: above-ground and in-ground. An above-ground pool, which sits on top of the ground with its frame, won't usually increase a home's value. However, an in-ground pool should add extra value to the expected sale price.
So, homeowners wishing for the best future resale value should opt for in-ground pools.
The local climate
Naturally, pools are more useful in areas with sunshine and warmth. This is why they are most common in the hottest states, like Florida, Arizona, and California. Homes in warm regions that have pools tend to be more valuable than those in the same areas without one.
A pool may not add much value in colder areas with shorter swimming seasons. It could put certain buyers off, as they may not plan to use the pool.
The condition of the pool
Pools require plenty of maintenance and care, with regular cleaning and treatments needed to keep the water clean and safe. Without sufficient maintenance, pools can quickly slip into poor conditions, with dirty walls and murky water.
A poorly kept pool may reduce the value of a home. But a well-maintained one should help to boost the sale price.
The local neighborhood
The standards of the local area can also influence the long-term value of a swimming pool. In neighborhoods where pools are very common and standard for most homes, it's strongly recommended to have one. This will help to keep the property's value aligned with other nearby homes.
By contrast, if few local homes have pools, but one of them does, that home may sell for much more than the rest.
How much value can a pool add?
Statistics suggest that a swimming pool can add anywhere from 3% up to 10% to the final sale price of a property. The average increase is around 7%. It all depends on the pool's size, type, design, and the factors above.
Boost home value with a swimming pool installation
In most cases, swimming pools add impressive amounts of home value. Working with trusted, experienced pool design and installation teams will yield the best return on investment. Contact a local pool builder to discuss options and costs.
Saturn Pool Company is a family-owned, Phoenix-based pool builder specializing in the design and build of custom in-ground pools and hot tubs for northwest Phoenix Metro homeowners. Our services include upgrades like diving board installation, water features, lighting, slides, and smart controls. We create backyard living spaces featuring outdoor kitchens, fire pits, TVs, speakers, lawns, gazebos, and more. We are licensed, bonded, and insured, and our highest priority is customer satisfaction.
