A Pool's Influence On The Value Of A Home

Owning a pool can add a sense of luxury and relaxation to your home

. During hot summer months, it is fantastic to be able to take a dip in your own pool by simply stepping outside in your own backyard.

According to the National Association of Realtors, a pool adds to the overall value and appeal of a home on the market. So, not only is purchasing a pool a great way to enjoy relaxing with your family and friends, it can also significantly increase the value of your home when it comes time to sell.

For those looking to buy a new house, there are many factors they consider. There are many factors that influence how much a person is willing to pay for a property, including outdoor extras such as porches, decks, garages and swimming pools. Studies indicate that a pool will never decrease the value of a home, even if it does not increase it. So, you can consider your choice to purchase a pool a wise financial decision.

There are multiple factors for determining how much a pool will add to the value of your home. One of the main aspects is where your home is located geographically. For example, in the Southeast part of the United States, you can expect to increase the value anywhere from five to 10 percent. The Northeastern and Midwestern add approximately four to six whereas out in the West you can expect to gain anywhere from five to 13 percent. The most significant increases occur, not surprisingly, in the Southwest where the value of your home can see a gain of anywhere from eight to 13 percent depending on t he specific location of the home and size of the pool.

Know that you should select a pool provider that is trustworthy and can properly install your new addition. Remember that you get what you pay for. Make sure that the job is done correctly so that you do not run into costly repairs later on. F

by: Kenny Montgomery.

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