The Pros and Cons of Adding A Pool To Your Home
Does a pool add value to a home? No. And yes.
In general, building a pool is not the best way to add value to your home. You’re better off making physical improvements to your actual house instead of adding a pool to your yard.
However, a pool can add value to your home in some cases:
- If you live in a higher-end neighborhood and most of your neighbors have pools
- In fact, not having a pool might make your home harder to sell.
- If you live in a warm climate, such as Florida or Hawaii.
- Your lot is big enough to accommodate a pool and still have some yard left over for
play or gardening.
Still, that’s no guarantee you’ll get a return on your investment. At most, your home’s value might increase 7% if all circumstances are right when it comes time to sell. Those circumstances include the points made above, plus:
- The style of the pool. Does it fit the neighborhood?
- The condition of the pool. Is it well-maintained?
- Age of the pool. If you put a pool in today and sell in 20 years, you probably won’t
recoup your costs, especially if the pool needs updating.
- You can attract the right buyer. Couples with very young children may shy away
from pools because of safety issues, but an older childless couple may fall in love
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