Many believe that a swimming pool can add value to a home. Last year, according to News.com, Australia has 1.2 million households with a swimming pool, therefore Australia held the world's highest per capita rate of pool ownership. Not to mention that a swimming pool is appealing to a family with lots of kids. A Swimart survey reportedly had shown that 90 per cent of pool owners think that their pool added at least an average of $30,000 to the value of their home. Does the same regard for swimming pool hold true in UK?
According to Property Wire, a swimming pool is one of the leisure facilities that people buying prime property in the UK are looking for. In a study conducted by Direct Line's Select Premier Insurance, it was found out that some 17% of high end estate agents have witnessed an increase in demand for swimming pools that can increase a property's sale price by up to 15%. On other hand, a swimming pool may also ward off potential buyers. Everybody knows that a swimming pool will need regular maintenance and the cost of which can put off potential buyers.
According to pool pricer, a swimming pool may increase the value of your home but there are factors to consider. It was pointed out that a pool is something that most people might now want to deal with on a daily basis in terms of cleaning and maintenance. Besides that there are also other factors to consider such as the type and the condition of the pool and the climate. A swimming pool may be desirable in sunny places. On the other hand, a swimming pool is useless when it is always freezing outside.
In conclusion, a swimming pool may increase the value of your home. But considering the cost of maintaining such facility there are other ways to bump home value such as updating the kitchen or having some landscaping done.
