Is a Swimming Pool a Worthy Investment in Your Home?

Are you looking for ways to increase the value of your property? If you intend to sell, certain additions and landscaping features can significantly improve the value of your property, making it more appealing to potential buyers. One of the investments that most homeowners consider is a pool. However, how do you determine whether it’s a good investment?

In this article I shared some of the important factors to consider before constructing a swimming pool to add value to your property.

Do Homes in Your Area Have a Pool?

Before installing a pool, find out whether other homes in your area have one. Property prices remain within the same range in the same neighbourhood. Thus, no matter how much you improve a property, you cannot increase it’sprice significantly above the other housing prices in your area. Doing so will only push away prospective buyers.

If your neighbourhood has many pools, adding one in your backyard can add property value and give you a good return on investment. The presence of pools shows that it’s a necessity in the area, and this will attract potential buyers. However, if other homes don’t have a pool, adding one may not earn you the expected returns, as potential buyers may not be willing to pay the price.

What’s the Climate of Your Houses Location?

The climatic conditions in your area decide whether it makes sense to add a pool. Australia is a huge country, and climatic conditions vary. For instance, the northern part of Australia has a hot climate, while the southern parts have a cooler climate. If you live in a tropical part of the country, you can use the pool most of the year; even winter isquite warm and dry.

However, if most of the year is cool, the pool wouldn’t be of much use. Most buyers would not find it a valuable investment worthy of a high price tag. What’s more, it would need heating to be used regularly and this would increase heating costs in the home.

What’s Your Pool Design?

Not just any pool design will add value to your property. Today, buyers want homes with modern pool designs that reflect modern constructions. This includes pools with features such as the following:

  • Energy-efficient fixtures
  • Dark interiors
  • Built-in ledges and bars
  • Landscaping features such as raised retaining walls
  • Smart pool lighting
  • Custom shapes and sizes

These pool features attract buyers and are likely to add more value to your property as compared to the traditional pool designs. Thus, as you build your pool, look at the prevailing trends, and work with an experienced designer to create a modern design.

A pool is a great investment that can add value to your home and earn you returns on your investment. Hire experienced landscaping designers to build a functional and appealing pool that will increase the value of your home.

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