Pools are a high priority for many homeowners and for many looking to buy, but why? Most people believe that pools add immediate value to a home, but that isn’t always the case.
The value of a pool is really determined by what buyers are looking for. For some, the thought of jumping in as soon as the paperwork is signed is enough to make them put down a payment, but many others are turned off by pools because of the amount of maintenance required. Additionally, the increase in value appraisers give for a pool is often not more than, or even equal to, the cost of pool installation. Therefore, selling your home after spending tens of thousands on a pool may not give you the full price of both your home and your pool.
At the end of the day, some buyers love pools and some buyers loathe pools. Whether or not installing a pool is the right choice is up to the homeowner to decide.