To Pool or Not to Pool?
Are you one the many families in the Valley who can’t decide whether or not to install a swimming pool in the backyard? Before you take the plunge, here are some things to consider.
Most importantly, think about why you want a pool. Adding a pool is an expensive endeavor and, realistically, just because you spend $40k on a pool does not mean that it will add the same amount to the value of your home. It could even add nothing to the value, depending on current market and neighborhood standards.
The only real reason to add a swimming pool to your home is because you want a pool. The investment lies in the fun, enjoyment and recreation for your family, enhanced appearance of the yard and the cool escape from hot summer temperatures. If you’re only looking to add a pool to your home with the expectation that you will recoup the cost upon sale, it’s really not worth the investment.
The fact is, there is no definitive answer as to whether a pool will or will not help sell your home. Many Phoenix area buyers want a pool. Some people fall in love with homes, but don’t buy because there isn’t a pool and they don’t want to go through the installation process physically or financially. Although already having a pool appeals to some buyers, there are also many buyers who won’t look at homes that have a pool at all.
My personal opinion, as a buyer, is that if the home is perfect except it doesn’t have a pool and I want one, I’d have one installed. Were I a buyer looking for a home and did not want a pool, I would not consider looking at homes with one. This is simply because having a pool filled and landscaping the yard seems like unnecessary work, whereas adding a pool would be a value to my family’s enjoyment and recreation.
Only you can consider whether the investment is right for your family and answer the ultimate Phoenix homeowner question: to pool or not to pool?
For more information on adding a pool or other upgrades to your home and their potential values, contact Elise Fay or the Fay Team.