Whether you're planning to sell or not, if you can afford to upgrade your home it's almost always worth it. But the question is: which renovations add value to your life, as well as your house? Let's explore how adding an in-ground pool to your backyard can boost your home's value.
he Ultimate In Functional Luxury
It's true that there are many home upgrades that add a ton of value. Kitchen renovations, home solar panels and other long-term investments tend to pay off. But few are as luxurious and fun as installing your own in-ground pool.
Not only will you get to enjoy having a swim whenever you feel like it. But some studies show that having a pool improves your health and quality of life. Of course, you'll actually need to use your pool to gain its benefits. But once you have one... why wouldn't you?
A Huge Draw For Families
As you might imagine, in-ground pools are very popular with home buyers that have children. A backyard pool is an excellent way to get the kids out of the house and away from the TV or computer. Some families will make a buying decision on factors like this alone. If you're the only pool in the neighborhood, you'll find that your home sale moves a bit faster.
Aim For Eco-Friendly Options
If you plan to sell your home in the future, you'll want to ensure your pool is easy on the environment. Both regulations and social opinion are moving in favor of 'green' homes. Invest in water-recycling technology that goes easy on the chemicals. And if you plan to heat your pool, aim for options that use solar or other natural resources.
Remember: Maintenance Is Key
Finally, don't forget that an in-ground pool is an investment. You need to keep it in top shape or it may actually lose value over time. If you're motivated and handy, you can likely handle most of the maintenance yourself. But if you think it's above your skill level, invest in a pool service professional. Even if they only come out once or twice a year, it will be worth it.
There are many other home renovation projects that can add equity and value to your house. For other ideas, contact your local real estate agent today.