Important takeouts:
Pools can add value, but vary widely based on location, climate, pool type, materials, and neighborhood norms. Pool installation costs range from $50,000 to $100,000 or more, while annual maintenance averages between $1,200 and $1,800. England pools generally increase home value and add little resale value than above-ground pools. Permissions and safety regulations, including fencing and set folding rules, are required before installing the pool.
When considering a home improvement project to increase the value of your home, you may wonder: Does a pool increase the value of your home? That’s a complicated question, but in short, the answer is: Several factors, such as location, climate, pool type, materials, and neighborhood standards, all play a role in determining return on investment (ROI).
Whether you are looking to install a swimming pool in Fort Myers, Florida or Las Vegas, Nevada Home, this Redfin article categorizes data on whether the pool is worth adding and whether it is worth the investment.
How much value does a pool add to your home?
The values that the pool adds can vary widely. According to Curbio, the average return on investment (ROI) for a swimming pool is around 7%. But in places like Los Angeles, those numbers can jump significantly. Conversely, in some areas, pools may be of little value and can be considered a drawback due to maintenance and ongoing costs.
The answer may not be as easy as you think, but we cover the main points that will help you understand whether adding a pool is right for you.
Important factors that influence how much a pool increases its value
Location and Climate: The pool adds more value in warm areas that can be used all year round. In cold weather, they can add less value or be considered a drawback. Pool Type and Condition: Ground pools are generally more valuable than ground pools. A well-maintained pool will add more charm, but poor shape can actually damage your home’s value. Materials and Features: High-end finishes and extras such as lighting, spas, waterfalls and more can raise interest for both value and buyers. Neighborhood Expectations: If pools are common in your area, it can damage resale. However, in areas where they are rare, the pool can limit the pool for buyers. Maintenance and Cost: The pool comes with ongoing costs (cleaning, chemicals, utilities, insurance) that some buyers may consider as a downside.
Where are you adding smart investments to your pool?
We’ve mentioned this before, but it’s worth repeating. Installing a pool makes much more sense in warm states like California, Florida and Nevada. People tend to get more use from the pool, as well as higher ROI. Conversely, in colder areas like Illinois and Oregon and Rainier areas, pools may not be as valuable. With that in mind, here are 10 cities where the pool is likely to be rewarded by the seller.
10 US cities where pools increase the value of your home
Rank
city
Increased value from pool
1
Fort Myers, Florida
20.4%
2
Baton Rouge, LA
13.9%
3
Jackson, MS
11.7%
4
Dayton, oh
11.6%
5 Pittsburgh, Pennsylvania 11.5%6 Wichita, Kansas 11.0%7 Kansas City, MO 8.9%8 Las Vegas, NV 8.2%9 Albuquerque, NM 7.4%10
Knoxville, Tennessee
7.3%
Data Source: domino.com
What should I do before installing the pool?
Before you begin, we recommend that you do due diligence when planning your pool. Therefore, be aware of the state rules and restrictions regarding installations.
Here are some important things to consider:
Do I need permission to set up a pool? yes. Most cities require a building permit, whether underground or above ground, before installing a pool. Additionally, a separate fence permit may be required due to safety barriers. Are there any rules as to where the pool can be placed? yes. Pools usually need to be at a certain distance from property lines, buildings, purification systems and utility lines. This distance varies depending on the location, but usually ranges from 3 to 10 feet. Do you need a fence around the pool? Most of the time. Safety fences should generally be at least 4 feet tall with a secure, self-closed gate to prevent unauthorized access, especially for children. Can I build it near a property line or a neighbor’s fence? Normally yes, but the local code determines the exact distance. To avoid conflict, we highly recommend that you discuss with your neighbors and check zoning rules. What safety features do I need? Depending on where you live, you may need a pool alarm, safety cover, or a locked gate to meet your safety code.
How much does it cost to set up a pool?
Installing a pool is a big investment and it is important to consider two important costs before moving forward.
Installation Cost: The average cost of installing an English pool in the US is broad, but usually starts at around $50,000, with up to $100,000 or more depending on size, type and function. Maintenance Cost: On average, homeowners spend around $1,200 to $1,800 a year to maintain the pool. This includes costs such as cleaning, chemicals, repairs, utility costs for running pumps and heaters. Homeowner Insurance: Adding a pool can increase your homeowner premium from $50 to $100 or more per year, depending on factors such as limiting liability and local risk. Many insurers require additional liability coverage, and some insurers may require safety measures such as fences and pool covers.
Please note that the pool type you choose plays a major role in the total cost, including both material and installation.
For example, above-ground pools are usually budget-friendly and cost between $1,500 and $15,000 depending on the size and functionality. Fast installation and easy maintenance makes it a great option if you want something simple and affordable. However, it is important to note that these types of pools do not add resale value.
Inground pools, on the other hand, are bigger investments, similarly running the range of $35,000 to $65,000 or more. They tend to offer more customization and add more value to your home, but installation takes more time and costs.
A good first step is to talk to an expert who will help you figure out which type fits your budget, lifestyle and space.
Common pool materials and their advantages and disadvantages are broken down into the following:
Pros and cons of pool materials
Material Cost Pro Cost Cons Vinyl $$ (Medium) Affordable, smooth surface, faster installation liner can tear or fade.
Data Source: HomeGuide.com
Tip: The type of pool you choose will affect both upfront payments and what you spend on maintenance. Think about your budget, the amount of work you want to enter, and your climate before you decide.
Is fundraising an option?
Let’s take a quick look at some common ways to fund a new pool and what to consider before making a decision.
Tapping on equity in your home is a sensible way to fund your pool. You can use HELOC (Home Equity Line of Credit). This allows you to rent it over time if necessary. A cash-out refinance replaces your existing mortgage with a larger mortgage to cover the cost of your pool. Home equity loans will be prepaid with a lump sum payment with a fixed payment. If you don’t have enough stocks, personal loans are an option, but interest rates can be high.
What do buyers want in the pool?
When potential buyers check out their homes in the pool, they not only look at the water’s functionality, but also weigh several things, including safety, maintenance and lifestyle appeal.
Safety: Buyers look for features such as fences, gates, covers, alarms and more. Including these can alleviate concerns and increase appeal. Low Maintenance: Emphasise simple maintenance costs, such as energy-efficient pumps, automatic cleaners, or clear maintenance history. Presentation: Glitter the pool and clean the area. Add seats and decorations so that buyers can imagine themselves enjoying it. Upgrade: Please mention the latest upgrades such as salt water systems, new heaters, LED lighting, and more. These suggest savings and less problems. Seasonal charm: The pool is best displayed in spring and summer. Make sure to call if available in a cooler month (heated or covered).
How to Find a Qualified Pool Installer
If you are ready to take the next step, start by doing your research. Read reviews, ask for reference, consult with some installers and find someone who really gets your vision.
You can also ask your neighbors or real estate agents for recommendations. Word of mouth referrals are often the most reliable, and agents usually trust professionals in their networks.
FAQS: Does a pool add value to your home?
Will installing a pool increase the value of your home?
it depends. The pool can add value in warmer climates and desirable areas, with an average ROI of around 7%. In some areas, such as Los Angeles, pools can increase the value of a home for nearly $100,000. However, in cold weather and neighborhoods where pools are unusual, they may be of little or no value.
What factors affect the value a pool adds?
Key factors include location and climate, pool type and condition, materials and functionality, neighborhood expectations, and ongoing maintenance costs.
How much does it cost to set up and maintain a pool?
An English pool typically costs $50,000 to $100,000 or more to install, with annual maintenance ranging from $1,200 to $1,800. Aboveground pools are cheap advances ($1,500-$15,000), but no additional resale value has been added.
Do I need permission to set up a pool?
Yes, most cities require a building permit to install pools, and in many cases they separate safety fence permits.
