Pools are attractive additions to any home. Having one at home can contribute to the property value. Not only does a pool increase the resale value of your home, but it also has a variety of other advantages to offer. Here are some of the most prominent value additions that a pool does to your home.
So you’re thinking of installing a pool in your backyard but aren’t sure whether it’ll be worth it? Most homeowners face a similar dilemma when making this decision. Whether a pool’s benefits outweigh the cons is a difficult thing to figure out. Common knowledge states that pools add value to properties without doubt, but is that all there is to it? The price of a home is not dependent on the location, climate and construction date only. Multiple other factors also play a major role in determining the value of a property. Landscape, pool and other additional features can raise the price of any home.
Increases resale value
Pools certainly increase the value of your house, but only in the right location. When looking to buy a home in a posh neighbourhood, where every other house has a pool, a buyer would expect to get a pre-installed pool with their house. Another factor affected by location is climate. A pool isn’t a requirement in places with mild weather and won’t be utilised to the fullest.
However, for places that experience sweltering heat, a pool certainly adds a lot of appeal for a buyer. Simply looking out of the window will make you want to go for a swim in the backyard pool. During the pandemic, families had a new appreciation for homes with pools in them, as public pools and beaches were shut down.
The kind of pool your home offers also plays a role in how much value it increases. For example, an above-ground pool consists of a frame and walls and is considered a temporary assembly. Thus it doesn’t add much value to the property. An in-ground pool however requires heavy construction and contributes to the aesthetic appeal of your backyard, thus driving up the value by a lot. Even here, an easy-to-install, easy-to-clean option like a fibreglass pool will be more desirable for buyers. These pools last longer and would give greater value for money to you as well as a potential buyer. It is best to install a pool keeping in mind your needs and expectations from a resale.
Aesthetic value
It is no secret that adding a pool will do wonders in enhancing your home’s outdoor beauty. Plus, pools and the poolside can be transformed with several desirable features like a swim-up pool bar, wooden deck, fancy pool lighting, outdoor fire pit, pool waterfall, etc.
On a hot day, the sight of a pool is inviting and refreshing, in contrast to a bare backyard that doesn’t make you feel like leaving the house at all. Potential buyers would find much visual appeal and would be willing to shell out a little extra upon seeing a well-maintained, pristine-looking pool. Maintaining your pool goes a long way in increasing the attractiveness of your home. Even if you do not wish to take a dip in the pool, sitting at the poolside is also an option, especially when entertaining guests. Poolside parties with well-organised barbecue areas can impress guests as nothing else can. Socialising with friends in an outdoor poolside setup is a scenario only some lucky people get to experience.
Emotional value
Apart from simply adding monetary value, the pool will also be a site of much emotional value. A pool is a place where the entire family can spend some quality time. From the children to the aged people in the house, everyone can do plenty of things by the poolside besides swimming.
This is a place where a lot of memories are made. Poolside pranks, races, and parties all serve as lovely memories in the future. On a warm summer day when everybody wants to be confined in their rooms, a pool can lure them out for a great afternoon poolside family get-together. Fun games and splashing in the pool are such a great way to drive away stress and relax. These activities will help strengthen your family bond and bring you closer together too. It also makes for lesser safety concerns for parents, since children are in the pool right in front of their eyes. Fibreglass pools offer softer falls, as there are no harsh edges in case of pool accidents, increasing safety.
Higher Utility
With a pool at home, it saves you travelling time and energy of visiting public pools or a friend’s home where you can take a dip. Many people go swimming as a way to remain fit and active. A backyard pool enables them to do so right in the comfort of their home. Swimming is also a popular activity among people with various health limitations. Movement in water is easier and helps to keep the body fit without over-stressing it. The pool is also an amazing place to host guests.
A family pool is a wonderful place to teach children how to swim. The water is safe and clean. They can swim at their own pace and access the pool anytime. If you have pet dogs who are fond of water, a backyard pool could be their favourite place for a dip. If you are not too keen on investing too much in your pool there’s no need. Simply floating on water in your pool will also help relieve stress. A family pool is more hygienic and better maintained than public pools.
Conclusion
Swimming pools do add market value to properties. A much-coveted swimming pool in a home is something that can attract buyers. Considering this, a pool can be a great investment.
However, value does not always narrow down to money. A pool adds value to a home in several ways. A pool is always a good addition to homes for multiple reasons. Everyone has their reasoning behind getting one installed, but its benefits outweigh the work that has to be put into maintenance and cleaning.
Having a sparkling, bright pool will certainly draw a potential buyer’s attention. You have to choose a pool carefully keeping in mind the cost, installation time, finish, lifespan, and maintenance. Potential buyers always look for easy maintenance pools like fibreglass pools that are durable and last for years before you need to resurface them. Pools that are easy to clean are also more attractive. They not only involve less work but look cleaner longer.
Fibreglass pools with smooth gel-coated surfaces do not have nooks, crannies, and joints like many concrete pools. They may gather more algae and become difficult to brush and clean in the long run. Choose the right pool to benefit the most from your investment.
