Does a pool add value to your home?

How Much Does a Pool Add to the Value of Your Home?

Many homeowners want to increase the value of their homes by installing a pool, but the question remains: do pools really increase home value? According to a HouseLogic study, a swimming pool can increase the value of a home by up to 7% at most. Discover what factors influence how much your home’s value increases with a pool installation today!

The Impact of a Pool on Home Value

The impact of a pool on home value can be significant. According to the National Association of Realtors, a pool can increase the value of a home by 7-15%. The size, type, and location of your pool, however, will have the greatest impact on its ability to add value to your home.

For example, if you live in an area where most homes do not have pools, adding one could set your home apart from the competition and increase its value. However, if everyone in your neighborhood has a pool, it may not do much to increase the value of your home because it is expected that most homes in the area will have one.

The size of your pool is also important. Because it provides more recreational space and can be used to host parties and events, a large pool is more likely to add value to your home than a small one. Similarly, a luxurious or unique pool (for example, one with a waterfall or built-in hot tub) is more likely to add value than a standard one because it provides buyers with a more luxurious experience.

Finally, the location of your pool is important. An inground pool that is easily accessible from within your home (for example, through a sliding glass door) is more likely to add value than one that requires going outside and walking around the house to access it. This is because a pool that is easily accessible is more likely to be used.

If you’re thinking about adding a pool to your home, talk to a local real estate agent to get an idea of how much it would increase the value of your home.