DOES A SWIMMING POOL INCREASE YOUR HOME VALUE?
This is a frequently asked question. According to a recent survey conducted by a Florida State University professor, inground swimming pools increased the value of homes as much as 15%, especially in warmer parts of the country. The Florida State University included 28,000 residences all across the nation. The study also concluded that a “swimming pool is a desired feature” in areas that suffer from extremely hot temperatures for residents to experience. So let’s take a quick look at the reasons you should consider owning an American Fiberglass Pool.
1. IT’S A COOL IDEA! An American Fiberglass Pools with tropical landscaping around it is always going to make your guest and yourself feel like you are at a tropical resort. Add a few frozen adult beverages or a maitai to the mix and you will have that resort feeling down perfectly.
2. CURB APPEAL. Many home buyers are drawn to and fall in love with a beautifully landscaped backyard that includes a well done inground pool. We get multiple calls a week from families moving into the Houston area that want an American Fiberglass Pool installed at their recently purchased home.
3. LAYOUT AND DESIGN. Above and beyond having a pool in a yard, the size of the pool and location of the pool are also very important factors that can influence a buyer’s decision. In my opinion, smaller pools are becoming more popular with the “baby boomers”. They previously owned the big pools with, slides, waterfalls, and other elaborate amenities. Due to this, adding a simple, small pool that is well installed and landscaped is the new norm. The pool location should take advantage of existing patios, pergalas, outdoor kitchens, etc. Locating the pool on the back forty will remove the pool from the most concentrated area of entertainment.
4. KEEPING UP WITH THE JONES. If you have lots of neighbors with pools (new or old), you may be limiting your potential number of buyers. If a wide majority of the neighborhood has added pools to their landscaping, you may want to follow suit. If you are in an area with few pools, your property value will likely not go up as much if you install a pool.
A few things to keep in mind for maximizing the value you will receive for owning an American Fiberglass pool:
A. Build a pool that is consistent with your home’s value. Rule of thumb, most pool buyers spend up to 20% of the home’s value when purchasing a new pool.
B. Keep the pool looking well maintained and swim ready. A pool of any kind that is not taken care of properly is a real turn off.
C. Don’t cut back on the esthetics. Just like the rest of your home, the cosmetics features (or lack thereof) can impact the home selling price. This means in particular the pool deck. Plain old concrete is not very appealing around a pool. Especially when you can see plenty of it down the street at the grocery store parking lot.
D. Saving a little cash when you build the pool. Shop around a bit and make sure the contractor is a proven one and does not have a trail of issues from coming to your area from another state. As I have written in an earlier blog posting, DO NOT TAKE THE CHEAPEST BID! You will more than likely regret it someday.
So now you know as much as I do, (LOL).
If you are considering, like many other people, in swimming in a cool, refreshing, beautiful, affordable, VERY LOW maintenance American Fiberglass Pool sometime soon and would like to discuss things with a pool contractor familiar with pool values in your area, give us a call or reply below.