Pools aren’t just for summertime. They add value to your home by improving your lifestyle—it encourages relaxation, wellness, entertainment, social development, and cleanliness. A home that comes with a swimming pool is always more expensive compared to a house that doesn’t have a pool. The resale price will still be higher because you can’t just ignore the pools’ financial impact.
Pools: A Wise Investment
In Australia, around 1.2 million houses have pools. A homeowner who chooses to add a swimming pool to his or her property is wise because it will not only add value to the home, but it will also be convenient. Families won’t have to travel far to have fun in a public pool. Plus, your entire family can enjoy even better because you’ll have more privacy. Your pool, your rules too.
Pools also foster fitness. After all, swimming is an excellent mental and physical exercise. It relieves the swimmers of stress, paves the way for relaxation, works the muscles out, and strengthens the heart and lungs.
Swimming isn’t the only thing that can serve as a physical workout. In fact, pool cleaning also strengthens the bones and muscles because you have to transport and maintain your pool cleaner too. This is much true if you’re using a manual pool cleaner. For more info on cleaners, go to http://www.swimmersdaily.com/2018/05/09/pool-cleaning-101-automatic-cleaners-vs-manual-vacuums/.
Now that we’ve settled why pools are worth investing in let’s take a look at the factors that affect the value of swimming pools.
Design of the Pool
This type of pool is cheaper compared to in-ground pools. Vinyl liners are priced from $3,500 to $6,500. Adding a timber deck will cost about $1,500 to $2,000. These pools have a small contribution to the increase of your property’s value. That’s because they can’t be considered 100% installed. After all, they aren’t affixed to the property.
On the other hand, in-ground pools are more expensive because they require excavation which significantly affects the cost of expenses. In-ground pools could be fiberglass or concrete. Installing fiberglass shells range between $6,500 to $25,000 while installing the fiberglass pools could cost between $25,000 to $75,000. Meanwhile, installing a concrete pool can cost you an average of $50,000 to more than $100,000.
These pools add around 5 to 7 percent value to your home, but it could still vary. If your pool has a unique design that complements the design of your home, then it could add more value.
Whatever the design of your pool is, you should properly maintain it. I suggest you use a robotic pool cleaner to make sure your pool is debris-free all the time.
If your home belongs to an upscale neighborhood, chances are this will affect your pool’s value. You’ll attract more buyers if your house with a pool is situated in a high-end area.
Before installing a pool, you should also consider the climate. Pools are ideal in places that have a warm environment. If the pool won’t be maximized, then better not install one. After all, why add a feature to your property if you’re not even going to use it? If you’re in a cold climate, it’s best to rethink about installing a pool in your backyard.