It’s always exciting for homeowners to have the opportunity to boost the value of their homes. This is especially critical during a recession when interest rates increase and consumer activity declines. This is the best time to improve the value of your home as much as possible. One way to increase the value of your home is by getting a custom pool.
How a Pool Can Increase Your Home’s Value
Here are some factors to consider before purchasing a new pool:
Type of Custom Pool
The value of your home can be increased depending on the type of pool you have. If you have an above-ground pool, this won’t increase your home’s value a lot when compared to an in-ground pool. Above-ground pools are temporary structures with shorter lifespans because they are more likely to get damaged over time. Not to mention, they’re typically smaller in size and less visually pleasing overall.
An in-ground custom pool is installed on your property and is a permanent structure. It takes professional pool builders to build one and costs more. There are different ways you can customize your in-ground pool to your liking including its shape and size. You can also add special features like a built-in waterfall.
Biggest ROI with a Custom Pool
Having a pool in the backyard is particularly great if you still have plenty of yard space after its installation. Your pool will best pay off if you reside in a well-sought-after neighborhood, live in a warmer climate, and if the demand for a pool is high in your area. If your pool is clean and well-maintained (e.g., no cracked tiles, clear water), all the better!
Make Sure It’s a Good Fit
A custom pool means you can design it to fit your space and it should. Working with a professional pool company which specializes in pool design is the best idea. If you have limited space, you want to make sure your pool design fits perfectly and allows for landscaping. Landscaping around your pool is aesthetically pleasing and needs to be considered.
In the end, if you’re wise with how you incorporate a pool into your yard, it can be worth it.
Generally, having a backyard pool can improve your home’s value. How much a pool can boost the value of your home depends on the type of pool you have. In addition, there are special circumstances in which having a pool could make or break the value of your home.