Are you looking for different ways to up the resale value of your home? Have you always wanted to unlock the benefits of a swimming pool for your family and friends? If so, then you need to learn all about swimming pool property value.
Installing an indoor pool or outdoor pool in your home can make the world of difference. It's an amenity that many people in Buckinghamshire, Berkshire, and Oxfordshire look for in their homes. Your pool can make your home cross something off an interested buyer's list that many others cannot.
See below for an in-depth guide on how installing a swimming pool can raise the value of your property.
What People Look for in a Pool
Before we dive into how a swimming pool can affect the property value of your home, we first need to understand what people are looking for in a pool. This will help you install the perfect indoor pool or outdoor pool for your home.
While you, of course, want to install a pool that you'll enjoy. It's also important to think of what others look for, especially if you plan to resell the property 5 years or so down the line. Here are a few questions that interested buyers will ask themselves to gauge your pool's value:
- Does the pool take up the entire garden? Most interested buyers prefer the answer to this question to be "no". They want the best of both worlds: a spacious pool and a garden to enjoy.
- Do the neighbours also have pools? You (as the seller) can benefit either way. If most of your neighbours do have a pool, then it becomes a requirement for interested buyers, which you've met. If your neighbours don't have a pool, it makes your home stick out as a favourite among the homes they're looking at.
- Do I want a pool in my home? Those that do want a pool won't settle for anything less. This puts your property on a pedestal with other homes that have pools. It helps them filter out the homes that don't.
The Costs of Installing a Pool
One of the biggest questions for those looking to install a pool in their home is the cost. Does the resale value that a pool adds to your home outweigh the initial cost of installation? The answer is: yes, as long as you find a trusted pool builder for construction.
It all depends on what you're looking for. We recommend liner pool construction for many reasons. It's easy and quick to install and can offer a price that anyone is comfortable with. Not to mention that they offer full customisation on things such as the swimming pool's style, colours, and patterns of the liner.
In short: you can get the custom pool you've always wanted for less. We here at Deep End Pools will help you figure out the cost of your fully customised pool, as well as installation and maintenance/refurbishment. We'll help you create a long-term pool care plan that optimises the value of your pool long-term.
The True Swimming Pool Property Value
Now, the moment you've all been waiting for. Does a swimming pool truly add resale value to your home? The answer is yes. That said, the range of its value can depend on what you've installed in your home.
Certain factors might affect the value of your swimming pool property value, such as the size of the pool, whether it's above-ground or inground, whether it's an indoor pool or outdoor pool, the materials it's made of, its age, its durability, etc.
That said, an article on HGTV.com states that a pool can add anywhere from 5-8% to your home's resale value. That can create value for your home that will help you gain a profit over the long haul.
Do You Want to Install a Pool in Your Home?
This is what it ultimately comes down to: do you want to install a pool on your property? If the answer is yes, then you'll find comfort in knowing that the resale value justifies the installation cost.
That said, there's also maintenance and insurance to think about. Pool insurance can help protect you from emergencies, so it's well worth the investment!
The goal here is simple. Build a pool that you and your family will enjoy. Then, if it ever comes time to sell your property, the pool will serve as a tremendous asset.
Unlock Your Swimming Pool Property Value for Your Home
Now that you have seen an in-depth guide on how to unlock your swimming pool property value for your home, be sure to find the right pool installation company to work with.
Be sure to read this article for tips on how to design a garden around your future swimming pool and achieve a luxurious aesthetic for your backyard oasis.
For more enquiries, please be sure to reach out via our contact us page and we will be happy to assist you further.