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Have your kids been nagging you non-stop about putting in a pool?
Well, they might be on to something!
The benefits of a pool are endless – relaxation, aesthetics, entertainment, exercise, a way to keep the kids occupied…
But on top of that, real estate experts suggest that a backyard pool can also add thousands to your overall property value!
They do advise, however, that before you take the plunge into pool ownership, you should consider the following factors to ensure it’s a smart investment.
Does your area have a lot of pools?
When adding a pool to your property, consider if the other homes in your area do too. If not, it will set your house apart from the rest. Also, consider if all your neighbours have pools, it might be expected when selling your home, so you can compete on the market.
Size and Positioning
One of the key things to consider is the size and positioning of the pool. It’s important to consult with a pool builder and landscaper, this will ensure you position the pool in a location that will add property value. You want to ensure your pool is placed away from trees and plants that could drop leaves, this will save on maintenance costs. Also, having your pool in direct sunlight will reduce heating costs.
Real estate advice
We recommend speaking with a local agent about how much extra value a pool would add to your property if you decided to sell. Again, they offer a different perspective, and they’re knowledgeable about your local area.
Consider your lifestyle
While you want your pool to be a sound investment, you also want to make sure you use it. Pools provide endless hours of entertainment, but you need to make sure it’s the right fit! There is an abundance of pool designs to suit every lifestyle, from large family pools to plunge pools that are perfect for empty-nesters. Take the time before you build, to work out which pool is perfect for your lifestyle.
Installing a pool will get your kids off your back, but even better, if it’s well-positioned, beautifully landscaped and integrates seamlessly into the design of your property, it’s likely to make your home highly sought after when you decide to put it on the market!
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