Does a Swimming Pool Add Value to Your Home?
Having a pool in your backyard is a blessing. Especially when the summers hit, and it gets sweltering, and you can’t wait to dive into a pool. No more waiting to load up in your car and drive all the way to your local club for a swim. You can simply open the door to your backyard, put on your sun goggles, prop yourself on a tube and splash in the water. While most pool owners buy a pool simply for enjoying it with their family and friends, does it serve any other purpose? Can it add value to your home? The short answer is, yes. In this article, we look at all the factors that can influence the value of your home so you can make the most of it. We also look at the things that have an impact on the monetary worth of your backyard pool.
Factors That Can Affect The Overall Value A Pool Adds To Your Home
Types of Buyers
Any sale needs a buyer. If your buyers are interested in a house that comes with a pool, yours could become more appealing. Conversely, if the buyer does not require a pool, it becomes less valuable. So, it all boils down to one question: Who is your buyer? For instance, families with toddlers or babies are often not looking to invest in a pool due to safety concerns. Even though many safety barriers can make the pool area safe, some families still don’t want to take the plunge. On the other hand, if your prospective buyer is a retired couple, they may be interested in a pool to relax and lounge. Or, say, a fitness enthusiast may be interested in a pool as swimming can be a great form of exercise.
Your Location
Installing a pool in the right suburb is the key to adding valuable dollars to your property. Seaside suburbs play host to the largest number of homes with pools. This is because it is believed that people who find waterside living attractive will pay more to have a home with a pool. So, having a home in the suburbs already gives you an edge above the rest. Additionally, you must consider the specifics of your pool placement such as distance from the home, sunshine, aesthetics, and the pool design. Your pool should make an excellent first impression on the buyers.
Your Neighborhood
An extension to the point above, if you live in an area where no one on your block has a pool, it can boost your property’s sale value. Whereas, if every other house in the lane has a pool, it could make you less unique. Nevertheless, you can still use your pool to strike a profitable deal with the buyer. Those who are looking for a luxury home will find your property attractive and help you stay in the game with the rest of the market.
Your Climate
Pools become more desirable when you have extended period of hot climates. Australia is known for its warm climate year-round which makes the backyard pools almost a staple for the Aussies. The idea of having your resort-like pool as a private recreational area is extremely satisfying to us Aussies. You can expect to get a lucrative deal from your buyer should you decide to put your property on the market in the future.
Your Pool’s Maintenance
How do you expect your pool to add value to your home if it is not well-kept? The condition your backyard pool is in becomes the deciding factor quite often whether you make a sale or no. If the pool isn’t in working condition, or the water has turned murky or the walls are stained, you can stop thinking it’ll add any value to your home. A dirty pool becomes more of a liability than an asset in a property sale. It is best to include a weekly pool maintenance schedule in your day to give proper attention and care to your pool.
Effort Involved
The type of pool you have can be a huge deciding factor in terms of the value it can add to your property. Concrete and vinyl liner pools are outdated and not built using advanced technology that fibreglass pools today use. Fibreglass pools can be easily maintained and involve a lesser commitment of daily cleaning. Conversely, concrete and vinyl liner pools may involve more upkeep and effort from the pool owner. Fibreglass pools are built with a non-abrasive gel-coat surface and require no replacement of a vinyl liner or resurfacing. They are increasingly becoming the most preferred option of the Aussies.
Your Pool’s Shape and Design
When it comes to the shape and design of your pool, it can be quite subjective. After all, we all have different tastes, likes and dislikes. However, if you know you are going to put your house on the market in the future it is important you give this detail some thought. It is best not to invest in a pool that’s ‘in trend’ currently. The trends come and go. By the time you are ready to sell your house, the pool trend may not be as inviting as when you bought it. It is smart to invest in a timeless design like a rectangular shape that remains elegant, sleek, and modern for years to come. A kidney-shaped pool may be a rage in the 90s, but it is not so popular with today’s pool buyers. You can get in touch with your local pool builder to have a look at their pool catalog. They would be able to suggest the best pool shape and design and its future appeal as well based on your backyard space.
Your Pool’s Energy Efficiency
The more energy-efficient your pool is, the less you have to spend on its upkeep. The buyers will notice the efficiency of your pool when they buy your home. Using an energy-efficient pump can reduce your running costs drastically. But the money you save on the running costs will be offset by the increase in the amount you would have to spend on improving the circulation quality. The ideal solution is to combine energy-efficient equipment with a circulation technique that can ensure your pool water stays crystal-clear throughout the year.
Closing Thoughts
Clearly, having a pool in your backyard can add significant value to your house both in the form of enjoyment and economic returns. It can make your property stand above the rest by making it appealing to those buyers who want a pool. Factors such as your neighborhood, location, and pool type contribute to how much return on investment you can expect from your pool. If you are ready to get a pool installed in your backyard, it is best to hire a reliable and proficient pool designer company. Fibreglass Pools Melbourne are experts in installing high-quality fiberglass pools across Australian backyards. Our highly skilled and trained professionals can ensure you don’t end up paying more for your pool or don’t invest in something that’s not suited to your backyard. Get in touch today. We can help you choose a pool that will not only add value to your home but also tie harmoniously with the overall vibe.
Does a Swimming Pool Add Value to Your Home?
Having a pool in your backyard is a blessing. Especially when the summers hit, and it gets sweltering, and you can’t wait to dive into a pool. No more waiting to load up in your car and drive all the way to your local club for a swim. You can simply open the door to your backyard, put on your sun goggles, prop yourself on a tube and splash in the water. While most pool owners buy a pool simply for enjoying it with their family and friends, does it serve any other purpose? Can it add value to your home? The short answer is, yes. In this article, we look at all the factors that can influence the value of your home so you can make the most of it. We also look at the things that have an impact on the monetary worth of your backyard pool.
Factors That Can Affect The Overall Value A Pool Adds To Your Home
Types of Buyers
Any sale needs a buyer. If your buyers are interested in a house that comes with a pool, yours could become more appealing. Conversely, if the buyer does not require a pool, it becomes less valuable. So, it all boils down to one question: Who is your buyer? For instance, families with toddlers or babies are often not looking to invest in a pool due to safety concerns. Even though many safety barriers can make the pool area safe, some families still don’t want to take the plunge. On the other hand, if your prospective buyer is a retired couple, they may be interested in a pool to relax and lounge. Or, say, a fitness enthusiast may be interested in a pool as swimming can be a great form of exercise.
Your Location
Installing a pool in the right suburb is the key to adding valuable dollars to your property. Seaside suburbs play host to the largest number of homes with pools. This is because it is believed that people who find waterside living attractive will pay more to have a home with a pool. So, having a home in the suburbs already gives you an edge above the rest. Additionally, you must consider the specifics of your pool placement such as distance from the home, sunshine, aesthetics, and the pool design. Your pool should make an excellent first impression on the buyers.
Your Neighborhood
An extension to the point above, if you live in an area where no one on your block has a pool, it can boost your property’s sale value. Whereas, if every other house in the lane has a pool, it could make you less unique. Nevertheless, you can still use your pool to strike a profitable deal with the buyer. Those who are looking for a luxury home will find your property attractive and help you stay in the game with the rest of the market.
Your Climate
Pools become more desirable when you have extended period of hot climates. Australia is known for its warm climate year-round which makes the backyard pools almost a staple for the Aussies. The idea of having your resort-like pool as a private recreational area is extremely satisfying to us Aussies. You can expect to get a lucrative deal from your buyer should you decide to put your property on the market in the future.
Your Pool’s Maintenance
How do you expect your pool to add value to your home if it is not well-kept? The condition your backyard pool is in becomes the deciding factor quite often whether you make a sale or no. If the pool isn’t in working condition, or the water has turned murky or the walls are stained, you can stop thinking it’ll add any value to your home. A dirty pool becomes more of a liability than an asset in a property sale. It is best to include a weekly pool maintenance schedule in your day to give proper attention and care to your pool.
Effort Involved
The type of pool you have can be a huge deciding factor in terms of the value it can add to your property. Concrete and vinyl liner pools are outdated and not built using advanced technology that fibreglass pools today use. Fibreglass pools can be easily maintained and involve a lesser commitment of daily cleaning. Conversely, concrete and vinyl liner pools may involve more upkeep and effort from the pool owner. Fibreglass pools are built with a non-abrasive gel-coat surface and require no replacement of a vinyl liner or resurfacing. They are increasingly becoming the most preferred option of the Aussies.
Your Pool’s Shape and Design
When it comes to the shape and design of your pool, it can be quite subjective. After all, we all have different tastes, likes and dislikes. However, if you know you are going to put your house on the market in the future it is important you give this detail some thought. It is best not to invest in a pool that’s ‘in trend’ currently. The trends come and go. By the time you are ready to sell your house, the pool trend may not be as inviting as when you bought it. It is smart to invest in a timeless design like a rectangular shape that remains elegant, sleek, and modern for years to come. A kidney-shaped pool may be a rage in the 90s, but it is not so popular with today’s pool buyers. You can get in touch with your local pool builder to have a look at their pool catalog. They would be able to suggest the best pool shape and design and its future appeal as well based on your backyard space.
Your Pool’s Energy Efficiency
The more energy-efficient your pool is, the less you have to spend on its upkeep. The buyers will notice the efficiency of your pool when they buy your home. Using an energy-efficient pump can reduce your running costs drastically. But the money you save on the running costs will be offset by the increase in the amount you would have to spend on improving the circulation quality. The ideal solution is to combine energy-efficient equipment with a circulation technique that can ensure your pool water stays crystal-clear throughout the year.
Closing Thoughts
Clearly, having a pool in your backyard can add significant value to your house both in the form of enjoyment and economic returns. It can make your property stand above the rest by making it appealing to those buyers who want a pool. Factors such as your neighborhood, location, and pool type contribute to how much return on investment you can expect from your pool. If you are ready to get a pool installed in your backyard, it is best to hire a reliable and proficient pool designer company. Fibreglass Pools Melbourne are experts in installing high-quality fiberglass pools across Australian backyards. Our highly skilled and trained professionals can ensure you don’t end up paying more for your pool or don’t invest in something that’s not suited to your backyard. Get in touch today. We can help you choose a pool that will not only add value to your home but also tie harmoniously with the overall vibe.
