Owning a pool can be an attractive feature for many homeowners, adding enjoyment and potential value to the property. But how much value does a pool actually add to a home? In this guide, we explore the factors, costs, and considerations involved in determining if adding a pool increases home value.
Key Takeaways
| Factor | Insight |
|---|---|
| Average Increase | A pool can increase home value by 5%-7% |
| Installation Cost | Depends on pool type, ranging $1,600-$100,000 |
| Factors Impacting Value | Location, pool type, maintenance costs |
| Pros And Cons | Enjoyment, exercise vs. maintenance, insurance |
| Additional Costs | Features, repairs, taxes, and insurance |
5% – 7% Average Increase In Home Value For An Inground Pool
Adding an inground pool to your home can boost its value by an average of 5% to 7%. This increase is influenced by several factors, including the type of pool, the market, and the pool’s condition and features.
How Much Value Does A Pool Add To A House?
The average increase in home value with pool installation varies. On a national level, an inground pool typically adds about 6% to the home’s value. However, the actual value added can range from 0% to over 10%, depending on various factors listed below.
Average Home Value Increase With Pool Installation
| National Average | 6% |
|---|---|
| Minimum | 0% |
| Maximum | 10%+ |
| Average Range | 5% to 7% |
Factors That Influence The Value Of A Pool
Several factors determine how much value a pool can add to a home. These include:
- Geographical Location: Homes in warmer climates or regions with long summers generally see a higher increase in value with a pool.
- Pool Type: Inground pools tend to add more value compared to above-ground pools.
- Market Trends: The real estate demand in the area can influence whether a pool adds significant value.
- Landscaping And Features: Well-maintained and aesthetically pleasing pools with additional features can increase property value.
- Maintenance And Age: Newer, well-maintained pools are valued higher than older, less maintained ones.
Pool Cost Considerations
Pool Type And Installation Cost
The type of pool you choose significantly impacts the installation cost and, subsequently, the overall value added to your home.
Pool Cost By Type
| Pool Type | Average Total Cost |
|---|---|
| Inground Pool Cost | $25,000 – $100,000 |
| Semi-inground Pool Cost | $7,000 – $25,000 |
| Above-ground Pool Cost | $1,600 – $7,500 |
Additional Features
Additional features and accessories not only enhance your pool’s functionality and aesthetics but also contribute to the total cost.
Pool Accessories And Outdoor Features Cost By Type
| Installation Type | Average Installed Cost |
|---|---|
| Pool Cover Cost | $1,000 – $3,600 (manual) $8,000 – $20,000 (automatic) |
| Pool Heater Cost | $1,600 – $5,200 |
| Pool Waterfall Cost | $2,000 – $8,800 |
| Pool Screen Enclosure Cost | $4,000 – $14,000 |
| Pool Patio Cost | $5 – $35 per square foot |
| Above-ground Pool Deck Cost | $25 – $50 per square foot |
| Pool House Cost | $150 – $600 per square foot |
Maintenance
Owning a pool includes regular maintenance costs, which impact overall property value requirements. Routine upkeep not only keeps the pool functioning efficiently but also looks appealing.
Repairs
Pools occasionally require repairs, which involve additional costs. Below are typical replacement costs for common pool parts.
Pool Parts Cost By Type
| Part Type | Average Replacement Cost | Typical Lifespan / Replacement Timeline |
|---|---|---|
| Pool Filter Cost | $250 – $1,700 | 2 – 3 years |
| Pool Pump Cost | $300 – $1,600 | 8 – 15 years |
| Pool Liner Cost | $2,000 – $7,500 | 5 – 15 years |
| Pool Lighting Cost | $500 – $1,700 per light | 1 – 20 years |
Taxes & Insurance
Having a pool can affect your property’s taxes and insurance premiums. Homeowners should consider these costs when determining the financial commitment and potential value added by a pool.
Pros And Cons Of Owning A Pool
While there are many advantages to owning a pool, there are also notable drawbacks. Here’s a summary of the pros and cons.
Pros And Cons Of A Home With A Pool
| Pros | Cons |
|---|---|
| A source of enjoyment and relaxation at home | Expensive initial cost |
| A place for healthy, low- or no-impact exercise | Ongoing maintenance and repair costs |
| An attractive outdoor entertainment feature | Higher insurance premiums |
| A status symbol in some areas | May increase property taxes |
| No community pool membership fees | Safety concerns, especially for families with pets and small children |
| A home value boost in some markets | Not ideal for small yards |
| May devalue a home in some markets |
Pool Value FAQs
Do Homes With Pools Sell Faster?
Homes with pools can sell faster depending on the local market and the appeal of the pool. In regions with warm climates, pools are highly desirable and can speed up the sale process. Conversely, in areas with short swimming seasons, a pool may not significantly expedite a home sale.
Should I Remodel Or Remove My Pool Before Selling?
Deciding whether to remodel or remove a pool before selling depends on the pool’s condition and the local market demand. A well-maintained, updated pool can enhance property value, but if the pool is outdated or in poor condition, it might be more cost-effective to remove it. Consulting with a real estate expert can offer additional guidance based on market trends.
Getting Estimates From Pool Builders
Before deciding to add a pool, it’s beneficial to get multiple estimates from reputable pool builders. This allows you to compare costs and services to find the best option for your budget.
Questions To Ask A Pool Contractor
When speaking with pool contractors, consider asking the following questions to ensure you’re making an informed decision:
- What type of pool do you recommend for my property and why?
- What is the estimated total cost, including all additional features and initial maintenance?
- Can you provide references from previous clients?
- How long will the installation take?
- What warranties do you offer for the pool and its components?
Adding a pool to your home can be a substantial investment both financially and lifestyle-wise. Understanding the various factors and considerations can help you make a more informed decision about whether it’s the right choice for you.
