Should You Add a Pool to Your House

Real Estate Tips
May 16, 2023

When Should You Add a Pool to Your Home?

Adding a swimming pool to your house can sound like a fun idea. After all, who wouldn’t want the convenience and privacy of a private pool in their backyard? However, it’s important to contemplate some things before you call a contractor. For example, if you decide to sell your home in the future, you must wonder if the pool hurts its property value. Thankfully, the opposite can happen if you install a pool in your house! According to real estate experts, a well-kept pool could typically add 7% to the overall value of your property. But, an increase in your home’s value may only be possible if you build a pool under certain conditions.

Take a look at some specific situations where a pool could raise the property value of your home:

You Live in a Warm Climate Where You Can Use the Pool in Different Seasons
The Pool is Maintained
The Pool Doesn’t Take Up a Lot of Space
You Live in a Neighborhood Where Pools are Common
Your Pool Draws the Right Buyer, Like Adults With Older Kids

If you install a pool in some of these scenarios, you may increase your home’s value. However, it’s worth noting that the cost of installing and maintaining the pool could overcome that value amount. So should you add a pool to your house knowing that fact? You should if you plan to use it more for your leisure than as an asset for a home sale. If you consider a pool solely to increase your property’s value, your investment may have more risks than rewards.

Are you still considering using a pool to boost your home’s value? Call a Real Estate Agent in Encinitas to see if that idea is worth getting into.

Should You Add a Pool to Your House Knowing the Associated Costs?

It’s important to look at the expenses you’d face when you install a pool in your house. Depending on the type of pool and size you choose, installing it can range anywhere from $28,000 to $55,000. However, the installation fee can be higher if you use specific materials or make customizations.

After you install the pool, you must account for the ongoing costs of maintaining and repairing it. The annual maintenance for cleaning and adjusting chemicals could be anywhere from $500 to $1,000 if you do the work yourself. However, hiring professionals can range from $150 to $200 a month unless your pool requires more upkeep. While many homeowners pay $662 for repairs, don’t be surprised if your repair costs are higher. It all depends on the severity of your pool’s damage and the repairman’s fee.

Be aware that installation and maintenance are the main costs you’d get with a pool. Yet, you must consider the cost of running a circulating pool pump and the possibility of high liability coverage. If you evaluate each expense separately, you can decide if the answer to “Should you add a pool to your house?” is a resounding yes or no! Don’t hesitate to contact a financial advisor if you need guidance in making a decision. After all, installing a pool is a responsibility you shouldn’t take lightly.

Should You Add a Pool to Your House If You’re Planning to Sell It?

In many situations, you should consider a pool as a personal investment rather than just a way to boost your property’s value. There is no assurance that a pool will add to your home’s value or that your house will sell for more. Even if your property’s value increases, the returns on that investment may be less than what you paid for the pool. So, if you only install a pool for a profit, you might be disappointed with the results.

However, if you’re still adamant about installing a pool to sell your home, you can contact a Realtor in Encinitas for guidance. They could review your situation and base their answers on what benefits you the most.

Contact Realtor Linda Moore to see if you should add a pool to your house in order to maximize the value of your home and sell it in the future.