We’ve all had those scorching summer days when the heat is unbearable. The only thing better is jumping into a cool, refreshing pool right in your backyard. Without the hassle of packing towels or sunscreens and a long drive to a crowded community pool, you just have to open the door and jump right in.
We have always heard that a pool adds value to your home, but how much? Let’s discuss.
Doing the Math
Adding an in-ground swimming pool can increase a home’s value by about 7%, but the actual impact depends on several factors. For example:
- In Los Angeles, homes with pools sell for about $95,000 more, a 10% increase.
- In other parts of California, pools add $20,000 to $45,000, or 3% to 7% in value.
- In Pittsburgh, homes with pools sell for 11.5% more.
This value fluctuation depends on the following factors:
- Location & Climate: Pools add more value in warm places like Florida and Arizona, where they can be used year-round. For example, in Phoenix, homes with pools sell for about 15.6% more than those without. In colder areas, pools may add less value due to limited use.
- Neighborhood Trends: If most homes in your area have pools, adding one can help maintain your home’s value. Pools are especially popular in neighborhoods with school-age children.
- Buyer Preferences: A survey by the National Association of Realtors found that 43% of buyers want a pool, making homes with pools more appealing. Buyers with higher incomes, older children, or no kids are more likely to see pools as a valuable feature.
- Pool Condition & Design: A well-kept pool that fits nicely in the yard can enhance home value. However, a neglected or damaged pool may turn buyers away.
- Market Conditions: Homes with pools often have an 8% higher listing price. In areas where pools are rare, a home with a pool can stand out and attract buyers.
- Pool Type: In-ground pools add more value than above-ground pools.
Is It Harder to Sell a House with a Pool?
Selling a home with a pool can be challenging because buyers see it differently. Some love the idea of backyard relaxation, while others worry about renovations, maintenance, and safety. A pool adds value in some areas, while it may turn buyers away in others. As mentioned earlier, in cold and humid areas, a house with a pool may not add any value at all.
Get the Maximum Value Out of Your Home with a Pool
Following is how you can resell your house with a pool at profitable rates:
- Keep the Pool in Top Shape: Before listing your home, clean the pool, fix any visible issues, and make sure the water is crystal clear. Continue regular maintenance, like balancing the water chemistry, checking equipment, and removing debris, to keep it looking its best.
- Get a Pool Inspection: A pre-sale inspection helps catch and fix problems early, making the sale process smoother. Sharing the inspection report with buyers shows transparency and builds trust.
- Address Buyer Concerns: Some buyers worry about maintenance, costs, and safety. Be prepared to reassure them by explaining upkeep, seasonal use, and any safety measures in place.
- Stage the Pool Area: A well-presented pool can make your home more appealing. Turn on water features, keep the water clear, and arrange lounge chairs and umbrellas to form a relaxing atmosphere.
- Offer Incentives: Consider offering perks like a pool equipment warranty or money for outdoor furniture to attract buyers and make your listing stand out.
- Handle Pool Repairs or Removal: If the pool needs expensive repairs, you might consider filling it in. While this limits your potential buyers, those who don’t want a pool may see it as a benefit.
- Work with an Experienced Agent: A real estate agent who knows how to market homes with pools can highlight its benefits. They can attract the right buyers and guide you through pricing and negotiations.
Closing Note
A house in a warm region, such as Texas, can greatly increase your home value. You can work with skilled real estate agents to find buyers just like you, who prefer spending long summer afternoons relaxing in a pool.
Contact our specialists at Millennium Custom Pools for expert pool construction, repairs, and the latest pool features. Call us at (713) 766-6580 to get a free estimate.
