Most real estate agents would say that a pool would often deter certain buyers. However, there are some ways in which your pool at home may increase the house value as long as it fits certain conditions.
As previously discussed here on Realty Today, pools must be added for the purpose of recreation without expecting a return of investment or an increase in the house value. Certain factors such as maintenance costs come into mind when a prospective buyer sees a pool in a house.
The cost of maintaining one will greatly depend on the size, usage and location of the pool. A bigger size will often mean greater expenses on utilities, much more if you use one with a pump and heater. Hiring someone to clean the pool on a regular basis will also add up to the expenses.
"The prevailing wisdom is that you never receive a dollar-for-dollar return," real estate agent John Lucy told Realtor.com.
The publication, however, noted that there are certain ways in which a swimming pool can boost the house value and attract the right buyers.
A large pool installed on high-end properties would definitely help boost the house value. The same scenario, however, will not work on lower-cost properties.
A bigger size would also entail using more water to fill the pool, which would definitely raise quite a lot of eyebrows. More and more people are working towards saving every drop of water in preparation for drought.
"Public sentiment is turning against the mega pools or multiple pools," Lucy said.
Of course, the way your pools look like and the way it was constructed will also help add appeal to the overall look and feel of your home, which in some way, may help boost the house value.
Real estate agent Roger Perry also stated that a lot of people are getting excited when they see a spa attached to the pool itself. Nothing says relaxation more than the thought of drenching yourself in a warm Jacuzzi bath after a hard day at work, right?
