Financial Considerations of Installing a Pool
Installing a pool is costly. This explores owning a pool’s financial impact and long-term value. Operating costs can be cut by $700 to $1,200 yearly.
Value Added by Pools to Homes
A pool can add value to your home. A pool’s impact depends on your area’s market and climate. In a hot region, a pool raises worth.
Factors Influencing Pool Installation Costs and Home Value
Installing a swimming pool, like many major home improvements, usually adds equity to a home in the form of increased property value. Most go a lot further than that, though, in terms of laws and building requirements related to pool installation.
- Building Costs. As you’re probably aware, every state has laws that require fences around pools.
- Condition. A beautiful, well-maintained pool can add tens of thousands of dollars to a home’s value.
- Climate. In warmer climates, pools are more desired and get more use.
- Amenities.
Tips for Making Your Pool an Asset When Selling
- Go for a high-quality pool.
- Keep the design classic.
- Position the pool in a sunny and visible spot from the house.