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Do Swimming Pools Add Value to Your Home? Here’s What You Should Know

Swimming is one of the most favorite pastimes in the US and in many countries. It is a way to cool down during the humid summer season. Swimming is also a fun aerobic activity, reduces stress, and improves overall health. Having a pool in your backyard is an awesome way to enjoy home life, entertain guests, and spend quality time with loved ones. 

Then again, pool installations are no easy task or the cheapest home improvement. Maintenance and repairs are another stories, which means you have to rely on a professional plumber to fix swimming pool issues. Which leaves us with a question: does a swimming pool increase the value of your residential property? Here’s what you should know before building or installing a pool. 

Does a swimming pool increase home value? 

The short answer to it is it depends. There are two types of pools: in-ground and above-ground. The former may require a permit to build and spend on labor and materials. It would take weeks or even months to finish an in-ground pool. Once created, it can make your home look more aesthetic and luxurious. 

Building an in-ground pool can add value to your home, especially if you live in a warm climate. If you have extra backyard space and budget, feel free to build your mini-resort in the comfort of your home. 

On the other hand, above-ground pools are cheaper and less labor-intensive than building in-ground pools. You can buy them in stores and assemble and dismantle them according to the instructions. Above-ground pools are great for those with limited backyard space and who don’t have the time to maintain a swimming pool. But unlike in-ground pools, above-ground pools might not add value to your home.

Above-ground pools also became a craze when the pandemic hit as resorts and community pools shut down. This inspired many homeowners to live as normal as possible despite being stuck at home and getting their minds off the stress of living in the middle of a health crisis through a refreshing dip into the pool. 

Unlike in-ground pools, above-ground pools aren’t as sophisticated and luxurious-looking. But if you are looking for a cheaper and less hassle way to refresh yourself this summer season, above-ground pools are for you. It may not add value to your property, but you get to enjoy a quick splash at home. 

As mentioned, in-ground pools add aesthetic and overall value to your home by as much as 8%, according to home improvement experts. It depends on how big or elaborate the pool design is. Aside from the labor and material costs, it would help to consider the maintenance and repair expenses. Poor maintenance could even reduce your home value instead of going up. 

An in-ground pool could cost as much as $100,000, depending on the materials used. Popular materials are either fiberglass or concrete. On the other hand, above-ground pools could cost as much as $15,000. It’s a different cost for the chemicals and additional charges for repair and maintenance. Having a pool in their backyard is a dream for many homeowners. Depending on the type of pool, it can either increase your home value or incur liabilities due to the regular maintenance it needs. But if there are issues on your collection that need immediate repair, don’t delay and call a professional plumber in Mt. Pleasant, TN.

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