Do Pools Increase Your Home Value?

Everyone likes a nice refreshing dip in the pool on a hot summer day. While going to the beach and visiting the public pool can be a great one-day getaway for the summer, they are not as efficient or as fun as having a pool in your backyard.

 

That being said, pools are a large investment, but when taken care of properly, you could profit from it in the long run. 

 

Here is a guide for everything you should know before investing in a pool. 

 

 

Cost of Installation 

On average, the cost of installation for a fiberglass pool ranges anywhere from $20,000 to $60,000 depending on size, preparation, etc. While above ground pools can cost anywhere from $1,500-$15,000. 

 

While fiberglass pools are pricier at first, they last longer than an above-ground pool, which is a factor to take into consideration. 

 

 

Cost of Maintenance 

Once your pool is all set up, it is important for you to keep an eye on its chemical levels, cleanliness, algae levels, etc. 

This will require you to buy and add the proper chemicals to balance the pH. You should also have a pool vacuum to prevent algae growth. Finally, no pool is complete without accessories, the most basic being ladders and telescoping poles for leaf cleaners and brushes. 

 

With all this in mind, you can be assured that some of these products you’ll need to buy once and probably not have to invest in them in a few years. All of these investments can go anywhere from $500-$2,750. 

 

 

Cost of Opening and Closing Your Pool

Depending on where you live, you might have to invest in closing down your pool during the cold months. Closing a pool can run at about $300 but can always be more depending on the equipment that is used to shut it down. 

 

Opening it back up can be just as costly and you can add a little more money for cleaning it back up after months of not being used. 

 

 

Homeowner’s Insurance

If a swimming pool is installed in your home, the risk of injury and death is much higher. That being said, home insurance will most likely go up for you. Even though at first it might seem a little unnecessary, having good insurance that includes your pool will take care of any liability that you might face in the future, and it’s better safe than sorry when you’re dealing with a large body of water.  

 

It may also be smart to pay for a personal umbrella policy that gives liability protection beyond the limits of your homeowners’ policy.

 

 

FINALLY….Will a Pool Add Value to Your Home? 

No one can really say for sure exactly how much value a pool can add to your home, that being said, experts in the industry have found that there is quite a significant increase! 

 

HGTV reports that pools can increase your home value anywhere from 5%-8%, and a report by Redfin says that your pool can add up to $100,000 more value to your home. While these estimates vary in range, it is clear that there is some value in adding a pool to your home.

 

Even though you might be investing money upfront, once you decide to move and sell your house all that money can be returned on the backend. 

 

 

Pool Installation from Procare

Are you interested in adding a beautiful, durable, and low-maintenance fiberglass pool to your backyard and start enjoying years of fun in the sun with friends and family?

Procare offers simple and affordable fiberglass pool installation for you and your family with high-quality pools that will empower your home to become the center of fun summer activities and help create memories that will last a lifetime. 

 

Plus when you choose Procare for your pool installation you get a free backyard design from our landscaping experts. If you are ready to get started, contact Procare today online or by calling 616-369-8883. 

 

Have more questions about swimming pool installation? Check out this guide on swimming pool installation questions.