Considering adding a pool to your humble abode? One of the first questions, and most important, is how it will affect your property value. According to houselogic, some people can have an increase of up to 7% in property value, while others may actually experience a decrease in value. Here is what you need to think about if you are trying to figure out how a pool will change the value of your property.
Climate
12 Coral Cay, Newport Beach
A pool can be a liability if you live in a climate with lengthy periods of cold. Many people do not want to deal with all of the hassle of draining a pool for the winter, and the work to maintain a pool may not seem worth it if buyers know they could only use it for just three months out of the year. Anything that makes buyers less interested in your house can end up lowering the value of your home. Lucky for us in Southern California, a pool definitely boosts your property value because it makes the backyard more useful and enjoyable during the warm months.
Size
17 Morning Light, Newport Coast
Even people who want a pool in their backyard may not be interested in a home without anything else in the yard. Most buyers want room for items like picnic tables, swing sets, or gardens, and having a backyard entirely made out of concrete and water decreases property value. Therefore, if you want to increase your property value with a pool, you need to make sure it is a suitable size that still allows for plenty of value-boosting greenery and trees.
Maintenance
4125 Calle Isabella, San Clemente
Before deciding to install a pool, you need to be aware of what maintenance will require. Though a nice, functional pool increases property value, a pool with a cracked deck, clogged filters, or water filled with algae is one of the quickest ways to lower the property of a house. Not only is it aesthetically unappealing and requires a lot of work to fix, but buyers will assume that the house is equally poorly maintained.
Pools that require less maintenance might be worth considering. Many above ground pools require less maintenance than in-ground pools, more information can be found on the website of your preferred above ground pool installer like Blue World Pools.
Good news is, if you’re a Southern California homeowner, installing a pool will do great things for your property value. The question you have to ask yourself is, are you willing to pay for upkeep and maintenance?
This article was written by Dixie Somers, a freelance writer who loves to write for real estate, women’s interests, and home décor. She lives in Arizona with her husband and three beautiful daughters.
