The Swimming Effect: How Adding a Pool Can Boost Your Home’s Value

A new pool or a remodeled pool is not just a source of summer refreshment; it’s a significant investment that can positively impact your property’s value. In this blog post, we’ll dive into the statistics surrounding the addition of a pool, uncovering the potential for an increase in property worth that comes with this sought-after feature!

Resale Value Boost:

  • The numbers speak for themselves – homes with pools tend to have a higher resale value. According to the National Association of Realtors (NAR), homes with pools can sell for 25% more than homes without. This significant increase in resale value positions a pool as a wise investment for homeowners looking to maximize their property’s worth.

Curb Appeal and Desirability:

  • The visual appeal of a pool contributes to a home’s desirability. A study by the National Association of Landscape Professionals (NALP) found that 83% of Americans think a pool area is a desirable addition to a home. This desirability factor not only attracts potential buyers but also adds to the overall curb appeal of the property.

Increased Property Size Perception:

  • The addition of a new pool creates a perception of increased property size. According to the Journal of Real Estate Finance and Economics, homes with pools are perceived to have larger living spaces, leading to an increased valuation. This psychological effect contributes to the added value that a pool brings to a property.

Lifestyle Enhancement:

  • Beyond financial statistics, a pool enhances the lifestyle value of a property. The CA Pool and Spa Association (CPSA) reports that a pool is often considered the focal point of outdoor living, contributing to a lifestyle upgrade. This intangible benefit adds immeasurable value for homeowners seeking a resort-like experience in their own backyard.

Regional Influence:

  • The impact of a pool on property value can vary by region. In warmer climates, where pools are more commonly sought after, the value increase can be even more pronounced. Statistics from the Appraisal Journal suggest that in regions with extended warm seasons, the presence of a pool can lead to a 50% higher valuation.

Adding a pool to your property is not just about creating a recreational space; it’s a strategic investment that significantly enhances your home’s overall value. From resale value and curb appeal to the perception of increased property size, the statistics highlight the swimming effect that a pool can have on your home’s worth. So, if you’re considering a home upgrade, take the plunge into pool ownership and watch your property’s value surge.