How Much Value Does A Pool Add To A House?

If you are considering some home improvements projects, you may be wondering if a pool can boost the overall value of your home. The answer to this question is yes. However, the amount of added value will depend on pool type, location, materials, and climate.

Does A Swimming Pool Add Value To A Home?

The total value a backyard pool can add to a home varies widely. Today, the average return on investment (ROI) for a pool is about 7%, according to Curbio. That number, of course, can change based on location. For example, a larger market like Los Angeles can see a pool raise a home’s value by an additional $100,000, in some cases.

In other regions, meanwhile, a pool may add little to no value at all to the property. Some prospective homebuyers may even see a pool as a drawback due to maintenance costs. Let’s take a look at some main factors impacting how much value a pool can really bring to your home.

Factors Impacting How Much Value A Pool Adds To A Home

There are five main factors that can impact exactly how much value a pool installation brings. Location, pool type, and the expectations of the neighborhood all play important roles in determining just how much added value homeowners can expect.

Type Of Pool

In general, inground pools create more value than the installation of above ground pools. It’s important to keep up with maintenance tasks, as pools left in poor shape can ultimately reduce a home’s value.

Location

Pools are more valuable in locations featuring warmer weather. Homeowners undoubtedly value pools more when they can be used year-round. In colder climates, pools may be viewed as a drawback for the same reason mentioned above.

Neighborhood Expectations

If most homes in your area do have pools, the absence of one could hurt resale. However, in areas where a backyard pool is rare, having one could limit the pool of buyers.

Maintenance Costs

It’s no secret pools come with some ongoing expenses. These costs include cleaning, chemicals, insurance, and utilities.

Materials And Features

Higher-end finishes and extra features like spas, waterfalls, or LED lighting can increase both the overall value and buyer interest.

How Much Does It Cost Install A Pool?

Generally, inground pools will cost more to install than the average above-ground pools. Anyone deciding to install an above-ground pool can expect to pay $700-$3,600. The most expensive pools on the market will be custom pools, of course.

Custom pool projects can vary widely in total cost, with prices going upwards of $100,000. Shop around and call local pool suppliers for estimates before deciding which pool is best for your needs.

Pool Cost Factors

There are many factors that can influence cost, regardless of type of pool desired. The first factor is determining how much it will cost for construction of your pool area. This will be heavily influenced by the type of material the installers are using for construction. For example, fiberglass will cost less overall than someone choosing to use concrete for the pool’s foundation.

Installing a lap or endless pool will come with differing costs. Lap pools will cost between $40,000-$60,000, including labor. Due to size, endless pools typically cost much less, with installation costs ranging from $23,000-$40,000.

It’s no secret that an above-ground pool is considerably cheaper than investing in an inground pool. Above-ground pool construction can cost between $1,500-$15,000. Above-ground pools will certainly not add to your home’s value the same way an inground pool will, though. Most homeowners tend to prefer the look of the inground models, as well.

Make sure to always account for these factors, which can increase costs, when installing a pool:

• Pool Size
• Excavation
• Materials Needed
• Filtration
• Heating
• Additional Features

Don’t forget about pool maintenance costs! On average, a pool cleaning service in the Phoenix, AZ area will cost between $85-$125 per month. This means any homeowner requesting service can expect to pay an average of $105 per month.