How Much Value Does A Pool Add To A House? [Answered]

For many of us, owning your own pool is one of the best ways to get more enjoyment out of our home. However, pools are not always viewed positively on the retail market. If you are interested in selling your home, you may be wondering: how much value does a pool add to a house?

In this article, we’ll discuss whether or not pools add value to homes, how much value they may add, and what factors affect these figures.

Does A Pool Add Value To Your Home?

In many cases, having a swimming pool adds value to your home, but this is not always the case.

The amount of value that your pool adds to your home will depend on your location, the age, type, and condition of the pool, and the most popular demographic of buyers in your local market.

In terms of locations, pools are more preferable in warmer areas, such as the tropics. This is especially true in places where beach swimming is not ideal or accessible during some of the warmer months (think Far North Queensland and Darwin).

The most common demographic of homebuyers that will purchase a house with a pool are families. This is because families are likely to get the most use out of a pool relative to the amount of effort that it takes to maintain.

First-time homebuyers or those looking to downsize tend to be less likely to purchase properties with pools due to the amount of maintenance that they require, but this is not a hard and fast rule.

How Much Value Does A Pool Add To A House?

Pools are capable of adding up to six figures to the value of a residential property. Some sources state that swimming pools increase the value of a property by 7% on average, but this is dependent on several factors.

These appealingly high estimates are likely to be true for in-ground concrete or fibreglass swimming pools that are less than fifteen years old. Pools of this type that are slightly older may still add value, but once they reach thirty years of age they are more likely to detract value.

These estimates are also only accurate for pools that are well-constructed and have been well-maintained. Pools that are dilapidated or in states of disrepair almost always lower property value regardless of the age of the pool itself.

Pools must also be kept clean during the sales process. Even if there is no damage to your pool or its systems, pools that are left to gather grime often put-off potential buyers, including those interested in pools.

This is important to keep in mind if you are attempting to sell a vacant property. Consider having weekly cleanings done by a professional team if you are unable to keep your pool looking picturesque yourself.

Conclusion

Pools can add quite a lot of value to a home. In order to get the most value from your pool, it should not be significantly old, dilapidated, or dirty. Pools sell best with mid-sized homes that are well-suited for families, especially in areas with warmer climates.

Do you have any questions about how much value pools add to homes? Get in touch with us in the contact section, we’ll do our best to help you out!