Whether a pool increases home value is based on location, climate, and the preferences of potential buyers.
However, in other parts of the country, pools are a perk, not a necessity.
So does having a pool improve your homes property value?
Credit:Tria Giovan
Learn thepros and cons of owning a pooland how installing one might affect resale value.
Experts also weigh in on whether having a pool can increase your homes property value.
Pools are polarizing, saysChrista Kenin, a real estate agent at Douglas Elliman.
Buyers either insist upon a pool or refuse to have one.
Pools can also be considered luxury items that give the owners a sense of pride.
Plus, adding a pool can often add to your overall property value.
Of course, thats assuming your pool is in good shape.
After multiple years, an unmaintained pool can be too expensive to bring back to life, Kenin cautions.
It can keep children busy and entertained for hours on end and is a great location for social gatherings.
A pool can add to the aesthetic and architecture of a home, Pasquella says.
On the flip side, apool can be dangerous, where slips and falls occur, or worse.
When it comes to adding a pool for the sake of boosted resale value, Pasquella cautions homeowners.
How Much Do Pools Boost Property Value?
With all that in mind, how much will a pool increase your property value?
However, it depends on the region and the availability of contractors in that market.
A seller can accessorize the pool with tasteful and neutral outdoor furniture, Pasquella says.
Kenin also recommends power washing your painted fence around the pool to improve the look and feel.
Should You Install a Pool?
Private outdoor swimming pools can increase a homes value in the markets I serve, Saturno-Sanjana says.
Remodeling Impact Report: Outdoor Features.
National Association of Realtors.
