Does A Swimming Pool Add Value To Your Property?
2nd February 2023
2nd February 2023
Before looking at how much a swimming pool can impact your property’s value, it is important to first think about what you are looking for in a swimming pool. This determines what you will install and can affect the value it adds to your home. Naturally, the first thing to consider is what you want from your pool as it is, after all, your home. But if adding value is important to you, then you need to think about what an interested buyer would look for, too.
Firstly, how large is the pool going to be? Does it take up the whole garden? Most interested parties would prefer a balance of garden space and pool, so bear this in mind when choosing the size and style of pool you install.
Secondly, are there homes around you with pools? If the local area has a lot of swimming pools, it can become something that interested buyers look for in the area, but similarly, if yours is the only home with a pool, it can make your property look more appealing compared to others in the neighbourhood, so it is a win-win either way for you as a seller.
Do your research into the types of pools that buyers in your area are looking for. If you live in a colder, wetter part of the country, perhaps an indoor pool would be a more convenient and appealing option, whereas sunnier climes can maximise interest through an outdoor pool.
The cost of installation
The cost of a swimming pool installation also naturally plays a part in how much this addition will increase the value of your home. This cost can vary depending on the size of the pool you choose, how much excavation and landscaping work are required, whether you choose an indoor or outdoor pool, and so much more.
But as with any home upgrade, if you are passionate about the idea of having a pool on your property, it is money well spent. And the good news is that it can help to elevate the value of a home, so there is a good chance you can earn that investment back if and when you come to sell.
If you have decided that you want to add a swimming pool to your property, there are other ways you can enhance your garden to make the most of your outdoor space, creating a haven for you and your family, and making your property all the more appealing to a prospective buyer.
Enjoying the sunshine with a pool is a wonderful way to make the most of your garden, but when the sun gets a bit too intense, having somewhere cool to retreat to can be a welcome break. A pergola can be a wonderful way to create a pool-house feel to your garden, where you can relax in between swimming and soak up the warmer weather with loved ones.
An effective way to have more control over the shade in your garden is to add side panels to your pergola, so you can manage the light when the sun is at its brightest. Side panels are retractable and removable, with stop-tension so you have complete control, adding a key selling point that is attractive and functional.
Potential buyers look for properties that are as practical as possible and having outbuildings like sheds, garages or greenhouses can be a great selling point to make the garden more practical.
These types of structures are relatively inexpensive but are one less thing that a buyer has to pay for when they move in, so a property that has them in place already can be an attractive proposition for them to store gardening tools or bikes, use as a workshop or grow plants in. Insulated space with power could even be used as a work-from-home space for remote workers, something that has become increasingly popular in recent years.
Making a profit doesn’t have to mean spending a fortune upfront. Don’t underestimate the impact that a coat of fresh paint on fences and a neat patio area can have.
Container plants and a well-maintained lawn can still make your garden look beautiful and tidy, and add a splash of colour alongside your swimming pool, without requiring a lot of upkeep. Something that many people look for in a garden is a place to entertain outdoors, so why not spend your money wisely creating a decking or patio area where you can add a table and a few chairs?
You want to be able to enjoy your garden and your swimming pool in peace, and so does anyone who buys your property in the future. So taking the time to make your garden as secluded and private as possible can be a good use of your resources. If your home is overlooked by neighbours, add trees or hedges in key spots to add privacy and a contained feel.
Owning a swimming pool, whichever style or size you choose, is a wonderful way to enjoy your home even more than you already do, and it’s a truly luxurious addition that offers years of fun. Do your research and choose wisely when it comes to designing your pool and the surrounding area to make the best use of the space you have available, and to ensure your investment makes a positive return in the future.