Do Swimming Pools Add Value?
March 26. 2008
It is springtime and homeowners often begin to plan for the coming hot summer. A swimming pool looks very appealing. The question often asked is "Does a swimming pool add value to my property? As always, the answer is "it depends." So what factors should be considered before a homeowner makes the plunge to install a pool?
1. Lot size - Pools rarely add value to small lots. The pool could take up most of the yard and if the pool is 2 steps from the family room slider, it often becomes a negative and will detract from the value of the home.
2. Maintenance - some buyers will steer away from properties with pools because they do not wish to take on the additional costs that are associated with pool maintenance.
3. Placement - If you are thinking of adding a pool to your property, it is important to consider where it will add the most positive impact. A pool placed smack=dab in the center of the yard can impact how much yard is left for other outdoor enjoyment. It may be more costly to create a space by installing retaining walls that increase the area for a pool. Nowadays, there are so many innovative designs for incorporating walls as part of the pool itself. Take the time to visualize the impact of your pool on the entire landscape design.
4. Price - Of course you can do a pool for a minimum price or you can go all out with the design. If your property is a high end property, a minimum pool with probably detract from your value.
The bottom line is that a buyer for your home will make the decision as to the value of your pool.
A pool is an amenity which is basically for the homeowner's enjoyment. However, the benefit seen by a future homeowner can usually be enhanced by solid planning and making the installation of a swimming pool compatible with the entire property.
It is springtime and homeowners often begin to plan for the coming hot summer. A swimming pool looks very appealing. The question often asked is "Does a swimming pool add value to my property? As always, the answer is "it depends." So what factors should be considered before a homeowner makes the plunge to install a pool?
1. Lot size - Pools rarely add value to small lots. The pool could take up most of the yard and if the pool is 2 steps from the family room slider, it often becomes a negative and will detract from the value of the home.
2. Maintenance - some buyers will steer away from properties with pools because they do not wish to take on the additional costs that are associated with pool maintenance.
3. Placement - If you are thinking of adding a pool to your property, it is important to consider where it will add the most positive impact. A pool placed smack=dab in the center of the yard can impact how much yard is left for other outdoor enjoyment. It may be more costly to create a space by installing retaining walls that increase the area for a pool. Nowadays, there are so many innovative designs for incorporating walls as part of the pool itself. Take the time to visualize the impact of your pool on the entire landscape design.
4. Price - Of course you can do a pool for a minimum price or you can go all out with the design. If your property is a high end property, a minimum pool with probably detract from your value.
The bottom line is that a buyer for your home will make the decision as to the value of your pool.
A pool is an amenity which is basically for the homeowner's enjoyment. However, the benefit seen by a future homeowner can usually be enhanced by solid planning and making the installation of a swimming pool compatible with the entire property.
posted by shirley harry at 10:51 AM
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